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Day Trading Newsfeeds

Is the Dollar Overvalued?The U.S. dollar has had an incredible run over the past 2 months, leading many traders to wonder whether the dollar is overvalued. The answer is NO. Based upon purchasing power parity, all of the major currencies are still very overvalued against the U.S. dollar - particularly the Aussie. What does this [...]

U.S. GDP - 1980s Redux?The Great Recession is now in our rear-view mirrors and with GDP growth of 5.7 in the fourth quarter, the recovery looks well underway. However, the surge in growth is unlike anything we have seen in a while. The recessions of the early 2000?s and 1990?s saw inconsistent growth after the recession ended. After [...]

Video: Comments on U.S. and Canada Employment ReportsI was on the Business News Network talking about this morning’s U.S. and Canadian employment reports. Click on the image to access the video:

Down with the PoundOver the past few trading days, the British pound has been confined to a very tight trading range. The following chart illustrates the predicament that GBP/USD traders find themselves in right now and I believe that the breakout will be to downside with the GBP/USD testing 1.60 in the near term. This morning, [...]


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Latest Day Trading Articles

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