Forex Market Updates & Commentary |  |
- The Key US Economic News and Events for next week
- EURUSD Weekend Forex Commentary
- GBPUSD Weekend Forex Commentary
- USDJPY Weekend Forex Commentary
- USDCAD Weekend Forex Commentary
- AUDUSD Weekend Forex Commentary
- Forex Midday Report - May 21
- Forex QUICK USDCAD moves toward Fibonacci support at 1.0556
- ECB Trichet on the newswires
| The Key US Economic News and Events for next week Posted: 21 May 2010 01:07 PM PDT |
| EURUSD Weekend Forex Commentary Posted: 21 May 2010 12:51 PM PDT |
| GBPUSD Weekend Forex Commentary Posted: 21 May 2010 12:50 PM PDT
|
| USDJPY Weekend Forex Commentary Posted: 21 May 2010 12:50 PM PDT
|
| USDCAD Weekend Forex Commentary Posted: 21 May 2010 12:49 PM PDT
|
| AUDUSD Weekend Forex Commentary Posted: 21 May 2010 12:48 PM PDT |
| Posted: 21 May 2010 09:25 AM PDT |
| Forex QUICK USDCAD moves toward Fibonacci support at 1.0556 Posted: 21 May 2010 08:34 AM PDT |
| Posted: 21 May 2010 08:10 AM PDT Says ECB credibility based on price stability. And that the ECB Bond purchases won’t fuel inflation. He comments that the ECB will not be influenced by political pressures as well.
The EURUSD has shown a touch better bias in the NY session. London and Europe are looking to exit for the week with a week that saw new lows since 2006 but is up on the week. So a mixed week for the EURO. The pair does have potential for futher corrective gains - after all the last move lower did move 1500 pips or so and corrections are a way of life in currency trading, with a possible target being 1.2734. However, the price will need to stay above the 200 hour MA in order to keep the bullish bias in tact. That level comes in at the 1.2466 area currently.
|
| You are subscribed to email updates from Forex News and Commentary by FXDD To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment