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Day Trading Newsfeeds
Dollar Unfazed By Mixed Economic DataThe US dollar appears to be unfazed by this morning’s mixed economic data. An improvement in consumer confidence has failed to help the dollar while the weaker news has pretty much been baked into the markets.
Christmas and New Years week is a time when traders are more focused on seeing family than making [...]
US Dollar Forecast: What?s In Store for 2009?2008 Price Action: It has been an exceptionally active year in the foreign exchange market as currency volatilities hit record highs. In the first half of the year, everyone was worried about how much further the dollar would fall but in the second half of the year the concern became how much further [...]
2009 British Pound GBP/USD ForecastHow Did the British Pound Trade in 2008?
The British pound was one of the worst performing currencies in 2008. It fell to a 6 year low against the US dollar and record low against the Euro in addition to selling off against every other G10 currency. The overwhelming weakness in the currency is [...]
Quantitative Easing 101Quantitative Easing (QE) are the latest buzz words in the financial markets. It is important to become intimately comfortable with these words because they will be the catch phrase of 2009 thanks to the latest interest rate cuts by the Federal Reserve and the Bank of Japan.
What is Quantitative Easing?
Quantitative Easing is a monetary [...]
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Latest Day Trading Articles
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- Pivot Point Trading
- Forex 1-2-3 Method
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