Archive for September, 2011

• New Zealand Hit With Double Downgrade
  faithmight, September 30th, 2011 at 12:11 pm, Comments: 0

  In the overnight session, way down under, New Zealand’s credit rating was downgraded by both Fitch and Moody’s. This news only adds more fuel to [...]

• SNB Moves Sterling
  gregmikefx, September 29th, 2011 at 11:00 am, Comments: 0

  SNB official says will increase shift toward GBP over the coming year. The $GBPUSD has moved sharply higher in reaction as has the $GBPCHF. The $GBPCHF [...]

• An Optimistic Case For Gold And Yen
  alaidi, September 28th, 2011 at 1:36 pm, Comments: 0

  While the TV pundits are emphasizing $USDX strength, it is JPY ($FXY) that continues to outperform the USD hurting gold short term. Central banks banks [...]

• Cable Ends Its Rally
  faithmight, September 28th, 2011 at 8:38 am, Comments: 0

  The $GBPUSD currency pair has been rallying all this week. Until today. The rally makes plenty sense after a vicious breakdown in the pair for [...]

• QE2 British Style
  faithmight, September 27th, 2011 at 7:59 am, Comments: 0

  It has been relatively quiet from the United Kingdom. It’s a light week with no teir-1 news on schedule. We’ve heard very little from their [...]

• Suffering From Europe Fatigue
  faithmight, September 26th, 2011 at 9:27 am, Comments: 0

  The hoopla that swirls around Europe and the European Union, more specifically, is exhausting now. Seriously, who cares anymore? It is the same song, same [...]

• ALERT: RISK OFF
  faithmight, September 22nd, 2011 at 10:04 am, Comments: 0

  The SNB started it. The ECB tried to ignore it. And the Fed ended it. The result is an overnight session that sees Europe unwinding [...]

• Another Bullish Case for Gold
  faithmight, September 21st, 2011 at 10:55 am, Comments: 0

  I do love gold. Real 24K gold. My mother taught me well. So I have been watching the price of gold ($GLD, $GC_F) since it [...]

• A Look At EURUSD
  ragheehorner, September 20th, 2011 at 7:18 am, Comments: 0

  The 60-minute chart has corrected the intraday downtrend and triggered a swing short on the $EURUSD. This is an overall trend following trade because the [...]

• EUR/USD As The Headlines Carried It Higher
  ragheehorner, September 16th, 2011 at 4:30 pm, Comments: 0

  There’s no doubt that the $EURUSD is correcting the downtrend. The trend continues to retrace and the 3rd significant headline – yesterday’s coordinated ECB – [...]