Fixed Odds Trading Strategy

Euro Setting Up For Major Decline, Sterling Poised For Correction

admin — Wed, 22 Feb 2012 15:42:15 +0000

Talking Points Euro: Fitch Cuts Greece’s Credit Rating, Sees Default In ‘Near Term’ British Pound: U.K. Posts Budget Surplus, Remains Capped By 200-Day SMA U.S. Dollar: Index To Consolidate, Fundaments To Improve Further Euro: Fitch Cuts Greece’s Credit Rating, Sees Default In ‘Near Term’ The Euro fell back from an overnight high of 1.3263 as...

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Guest Commentary: Gold & Silver Daily Outlook 02.22.2012

admin — Wed, 22 Feb 2012 15:42:13 +0000

Gold and silver started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January.. Today, Euro Area Manufacturing PMI report will be published along with the Minutes of the last MPC Meeting, and the U.S. Existing...

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U.S. Dollar Momentum Builds as Greek Concerns Linger

admin — Wed, 22 Feb 2012 15:42:10 +0000

Fundamental Headlines - Greek Bailout Wins Two Cheers from Wary Investors – Bloomberg - Obama Readies Plan to Cut Corporate Tax Rate – Bloomberg - Iran Defiant as U.N. Nuclear Talks Fail – Reuters - Fitch Downgrades Greece – WSJ - Despite Pact, Unease Lingers for Greece – WSJ European Session Summary The move to...

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Morning Report: Euro leads in cautious trading

admin — Wed, 22 Feb 2012 15:42:03 +0000

Morning Report: 08.30 London This morning, markets appear to be cautiously optimistic despite analysts continuing to unpick the Greek debt detail even before the ink is dry. The euro is showing some relative strength, especially the EUR/ JPY which is up 0.67% in early trading. This move comes primarily on the back of the yen’s...

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GBPUSD: Trading the Bank of England Minutes

admin — Wed, 22 Feb 2012 09:42:52 +0000

Trading the News: Bank of England Minutes What’s Expected: Time of release: 02/22/2012 9:30 GMT, 4:30 EST Primary Pair Impact: GBPUSD Expected: – Previous: – DailyFX Forecast: – Why Is This Event Important: The Bank of England Minutes may spur a bullish reaction in the British Pound as we expect the central bank to soften...

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