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British Pound, Euro and Swiss Franc All Dive Nearly 2%

... comments by ECB President Jean-Claude Trichet during his 8:30 ET press conference provided greater insight into the current bias of the ... will be important to watch how risky assets respond to the 8:30 ET announcement. The easiest way to do this, perhaps, would be to look at ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

Republic of China Constructing Blows up at Quicker Tread as Asset Bubble Risks Addition

... Plc and Markit Economics also rose, to 57 in March from 55.8 the previous month. Export Gains Overseas shipments rose more than ... Today’s PMI figure was up from a record-low 38.8 in November 2008, when the intensifying credit crisis and global recessions ...

forum topic - azka - 2010-04-01 03:24 - 0 comments

November 13 market commentary and technical

GBPUSD Outlook The Sterling slumped against Greenback yesterday. The pair bottomed at 1.4830 and closed at 1.4853. From a longer term of view the pair is now targeting 1.4607. However, early today in Asian session the pair was corrected to the upside, ...

forum topic - azka - 2008-12-04 03:28 - 0 comments

January 20 market commentary and technical levels

GBPUSD Outlook The Sterling slumped against Greenback yesterday. GBPUSD bottomed at 1.4357 and closed at 1.4385. The minor bullish channel on hourly chart has been violated to the downside. The bias is bearish. It seems like the bullish correction is o ...

forum topic - azka - 2009-01-21 23:31 - 0 comments

Euro range bound still, Sterling not as strong this week

... following the Manufacturing PMI release (34.4 actual, 39.8 consensus, 41.5 prev.) and surrounded by major global fears of a multi-year ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

FOREX Euro hits 1 month low vs dollar on ECB uncertainty

The euro hit a one-month low against the dollar and a three-week trough versus the yen on Monday due to uncertainty over policy steps the European Central Bank may take. * ECB President Trichet signals small rate cut * Trichet gives n ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

Dollar Correction or Something Deeper?

The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and also 1.36. Now it is trading above 1.37 and it looks like 1.38 Mobile Price Alert is the ne ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

Recovery Optimism on Asian Markets Rise

... to show that the unemployment rate in the U.S. reached 8.5% in March, a 25-year high. In the Euro-area unemployment jumped to 8.5% in February. Taken as a whole, the ISM and the ADP reports show that ...

forum topic - azka - 2009-04-02 09:07 - 0 comments

Privacy Policy

Forextrik.net Privacy Policy At forextrik.net, we recognize that privacy of your personal information is important. Here is information on what types of personal information we receive and collect when you use and visit forextrik.net, and how w ...

page - azka - 2009-04-27 15:24 - 0 comments

Forex Weekly Analysis - January 26-30 2009

... is the Trimmed Mean CPI which is expected to rise by 0.8%. German data will dominate European economic news: GfK German Consumer ... monthly Nationwide HPI is expected to drop by “only” 1.8%, after last month’s -2.5%. In Europe, the German Unemployment Change ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

Obama Sees ‘Glimmers of Hope’ of Improving Economy

... economic improvement. Orders placed with factories rose 1.8 percent in February, the first gain since July. Purchases of existing homes ... in December 2007 lingers. The unemployment rate rose to 8.5 percent in March, the highest level since 1983, and employers have cut ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

Obama Aftermath Fails to Raise Confidence…

... The prospect of a new era starting in US after 8 years of Bush administration, together with new hope that Obama will tackle ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

EUR/USD - getting that uneasy feeling

While lower prices in the S&P 500 will certainly inflict more pain to the ‘long only’ equity crowd, it will continue to offer good insights on how to play the FX market as most major pairs are very correlated with the S&P 500 presently. ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

Stock Buybacks are on the rise

A stock buyback is not the golden ticket to easy stock market profits but it does indicate a favorable attitude towards shareholders by company management and an ability to generate profits that can be used to buy back stock. A diversified portfolio of s ...

forum topic - azka - 2009-01-23 11:00 - 0 comments

Bad Payroll Data

Independent Market Analyst With interest rate decisions now behind us, traders are focusing their attention in today’s data which may determine the market outlook for now. After yesterdays 50 pbs cut from ECB and a hefty 150pbs from BOE and also Tr ...

forum topic - azka - 2008-12-04 03:29 - 0 comments