Trading Forex Systems

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Worries are Intensifying

Market Movers AheadMarket focus is likely to remain on the US economy in the coming week. The minutes of the most recent FOMC policy meeting could reveal important information about the Federal Reserve’s...

US GDP second estimate revised down, but upward of forecast

The Bureau for Economic Analysis released today the second estimate for Q2 GDP at 1.6% growth, a heavy foot on the breaks from the first quarter's 3.7%. However, the revision was expected to land at 1.4%...

Mid-Day Report: USD/JPY Extends Rebound after Better than Expected GDP Revision

USD/JPY extends this week's rebound after better than expected Q2 GDP revision from US. GDP growth was revised down from 2.4% to 1.6% annualized, above consensus of 1.4%. GDP price index was revised up...

Croatia: 2Q GDP contracted by 2.5% y/y

According to the first flash estimate, GDP in 2Q repeated the 1Q performance, posting a 2.5% contraction. The figure came in somewhat below our forecast and the market consensus (ESBe: 2.2% y/y; market...

Euro-shares stay low after UK GDP

European stocks resumed its downtrend in early trade, ahead of a key speech from Fed's Chairman Mr. Bernanke and US growth data. Stocks alos struggled in Asia, extending its week of losses as lingering worries over the state of the global recovery continues to wreak havoc sentiment. On the currency...

Gold higher on worsening US outlook

Forex Special HeadlinesGold higher on worsening US outlook US DOE reports reports fall in domestic demand for petroleum Base metals lower on terrific new home sales Download Full The Commodities R...

Recent Recommended Trades

Forex Special  *********************Update Time: 26 Aug 2010 09:08GMT INTRA-DAY USD/CHF OUTLOOK - +1.0280+ Despite intra-day rebound fm 1.0281 to 1.0319,current retreat on renewed cross buying in chf sug-gests recovery fm y'day's low of 1.0247 has possi-bly ended there n consolidation with...

EU's M3 Money Supply virtually unchanged in July

Forex Special  The European Central Bank's calculation of euros in circulation, in practically all of its forms, was released today. The comparison with the previous quarter yielded an increase...

GBP/USD aiming for a correction

Forex Special  (Buenos Aires) – GBP/USD Current price: 1.5412. Pound also cede today on risk aversion, reaching 1.5370 fresh 5-week low before halting the slump; entering Asia close to that level,...