The USD/JPY's volume is declining as the currency pair edges up towards the inflection point of our 3rd tier uptrend line and 2nd tier downtrend line. The dwindling volume is a discouraging development for the USD/JPY's upside, though we could

The EUR/USD is knocking on the door of our 3rd tier uptrend line after Germany's unemployment change came in lower than analyst expectations. Despite today's pop in the currency pair, the movement comes on declining volume, giving us little reason

It's been a volatile session thus far for the Cable and it seems the currency pair is in for a high volume day. The GBP/USD started the session fresh by climbing from our 3rd tier uptrend line, eclipsing previous June

Price action on USD/CAD, a daily chart of which is shown, has tentatively poked out above a key downtrend resistance line extending from the fourth test of the 1.30 price region back in March. This tentative break places the current

Dollar-Swiss has traded in a very narrow range 1.0780-1.0828 during the day and is looking to come down towards the lower end of the medium term range at 1.0640. We are holding a Short in this anticipation. For now, the

I took the with me to Thailand recently. I chose it because I was fed up with having to cart travellers cheques about, plus I found myself constantly feeling about to make sure that I hadn't lost them. (Travellers cheques

According to GreenHunter, the major objective of the aforementioned options is to bring itself into a sound financial standing while it seeks to clear about $50 million in debts with a major lender.

Weighed down by heavy debt and the huge decrease in automobile demand, as well as the bankruptcy filing of major customer's such as GM and Chrysler, the Lear Corporation ( NYSE : LEA ) is expected to file for bankruptcy

Fifty pips, and under 20 if swissy is taken out, is all that the six major pairs have managed to move on the dollar in overnight trade, albeit that a big economic calendar week gets underway on Tuesday. "We are

As we draw nearer to this year's half-way mark it is clear that reports of a V-shaped recovery back in March we're greatly optimistic. The sheer complexity of the global economic crisis and it's repercussions on business climate has greatly

Another week is starting with the dollar once again strong on Monday, mainly due to the fact that Chinese officials have announced yesterday that China is not thinking alternative currencies for now and they will stick to the dollar despite

It is rather surprising that the Chinese announcements of slowing metal purchases (supposedly due to the successful defense of price levels to prevent a future supply collapse) and verbal support for the USD as a reserve currency saw virtually no

Investors should expect a quiet week heading into the July fourth weekend. The U.S. dollar is ever-so slightly firmer having turned up from a dreary start. Over the weekend a Chinamoney Magazine article surfaced with a submission from the international

Another week is starting with the dollar once again strong on Monday, mainly due to the fact that Chinese officials have announced yesterday that China is not thinking alternative currencies for now and they will stick to the dollar despite

USD is trading mixed supported by China's reserve comments, AUD pressured by rate cut speculation, PBOC Zhou says China is targeting safety and return, plans no sudden changes in reserve policy, he expects China's economy to grow at 8% or

The Bloomberg Retail PMI showed a slight improvement, but still it could not lift the sector from contraction to expansion as the indicator is below 50 which refer to another decline and contraction in retail sales that the consumer plays

The mantra from most commodities guys is a simple: Be long or be wrong. This is a secular bull market in commodities. And up until that little upset recently, a 50% haircut triggered by the credit crunch, commodity bulls have

Downturn in Europe's second largest economy persist, even after the Bank of England adopted all methods in order to prevent any escalation of the prolonged deterioration especially now they are under threats of deflationary pressures. According to the bank projections,

There will be underlying capital outflows from Japan in search of higher yields. The Japanese currency is still proving to be resilient which suggests that underlying selling pressure on the currency is still contained at this stage. There will also

In currencies the holiday shortened week is expected to have plenty of news but, the month-end and quarter-end conditions might not provide liquidity. The USD price action was a touch softer during the NY morning with EUR/USD hovering around the