Sterling Digest: February 5, 2012
- Posted by: faithmight, February 5th, 2012 at 12:17 pm
- Comments: 0
America's anti-corruption law deters foreign investment. Britain's is smarter. The GBPUSD exchange rate helps too.
Last week, bulls and bears alike waited for $GBPUSD to correct its rally. The only thing the market gave us were shallow retracements that found support at key levels. In fact, the US non-farm payrolls report was initially met with a USD rally that gave cable its steeper correction only to give way to USD weakness later in Friday trading that took $GBPUSD higher. Can we expect fundamentals this week to once again give bulls a correction for better buying opportunities? Or will bears gain momentum? With the Bank of England “guarenteeing” more QE at its meeting this week, will $GBPUSD get the correction everyone has been waiting on?
- GBPUSD 03 February 2012 (Gav’s trading blog)
- Daily Chart Art – February 3, 2012 (Baby Pips)
- Long GBPUSD correcion (Chart.ly)
- Bank of England to print further £50 billion (The Telegraph)
- Employment Report (Federal Reserve Bank of Cleveland)
- Today’s Job’s Report in Pictures (off the charts)
- Is BLS Data Skewed? (Trimlabs Money Blog)
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Best FX Links: February 03, 2011
4xguy, February 3rd, 2012 at 9:23 am, Comments: 0
Europe without euro and EU – VoxEU.org Spain & Greece – The Big Picture Chop City In Forex – Seeking Alpha IS EUROPE BETTER OFF [...]
Tickers: $DX_F, $EUR, $EURUSD, $USD, $USDCHF, $USDX, EURGBP, fundamental, fundamental analysis, fundamentals, FXE, GBP, GBPUSD, USDJPY, Yuan
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Best FX Links: February 02, 2011
4xguy, February 2nd, 2012 at 9:22 am, Comments: 0Sterling Digest: February 2, 2012 – @StockTwitsFX Sovereign ratings when default can come explicitly or via inflation – VoxEU.org Germany’s policy prescription re the Euro [...]
Tickers: $DX_F, $EUR, $EURUSD, $USD, $USDCHF, $USDX, EURGBP, fundamental, fundamental analysis, fundamentals, FXE, GBP, GBPUSD, USDJPY, Yuan
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Sterling Digest: February 2, 2012
faithmight, February 2nd, 2012 at 6:54 am, Comments: 0More market participants see sterling going higher now across the board. It isn’t very surprising to see a melt up into next week’s Bank of [...]
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Sterling Digest: February 1, 2012
faithmight, February 1st, 2012 at 10:27 am, Comments: 0$GBPUSD has confirmed suspicions of a trend reversal today with its breakout above the key 1.5770 resistance level. This level had capped rallies since December [...]
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Best FX Links: February 01, 2011
4xguy, February 1st, 2012 at 9:02 am, Comments: 0EURUSD Update… -@50pips Understanding past and future financial crises – VoxEU.org EUR Short Covering Just Started? – Seeking Alpha WHERE ARE RATES HEADED? 3 SCENARIOS [...]
Tickers: $DX_F, $EUR, $EURUSD, $USD, $USDCHF, $USDX, EURGBP, fundamental, fundamental analysis, fundamentals, FXE, GBP, GBPUSD, USDJPY, Yuan
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Best FX Links: January 31, 2011
4xguy, January 31st, 2012 at 9:10 am, Comments: 0There is a lot of news out today. Some great blog posts. I had a difficult time deciding what to include. Enjoy. Sterling Digest: January [...]
Tickers: $DX_F, $EUR, $EURUSD, $USD, $USDCHF, $USDX, EURGBP, fundamental, fundamental analysis, fundamentals, FXE, GBP, GBPUSD, USDJPY, Yuan
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Sterling Digest: January 31, 2012
faithmight, January 31st, 2012 at 7:57 am, Comments: 0Today is the last day of the month. In the forex market, the month end tends to be significant day. The last day of the [...]
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Sterling Digest: January 30, 2012
faithmight, January 30th, 2012 at 9:32 am, Comments: 0A very quiet week on deck with the economic calendar very light out of the UK. This week, all traders and market participants look ahead [...]
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Sterling Digest: January 27, 2012
faithmight, January 27th, 2012 at 5:05 pm, Comments: 0GDP numbers from both the UK and the US were released this week. The British economy slipped into recession while the US economy actually grew [...]
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Lydia Idem has been investing in equities for 16 years and trading currencies actively for 5 and a half years. Her trading style is simple and short term. With a special feel for sterling, Lydia trades almost exclusively the GBPUSD and EURGBP. You can follow Lydia on Twitter and StockTwits... (more) -
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