Feed: Forex Made Easy : 6 Ways to Trade the Dollar - AggScore: 12.4

Retail footfall grew by 0.2% in UK during June

…has remained at 4.5%, it may well increase further after announcements of new energy price hikes. The Bank of England is said to be likely to continue to hold interest rates at a record low of 0.5 per cent until late 2011 or 2012, fearing that raising the…

Original post by Daylife

Longer Looks: Shortage Of HIV Doctors; Oregon Program Builds On British Model

…bankruptcies occurring among those who have private insurance; and with the fear of medical bankruptcy encouraging the insured to unduly skimp on medical services, the Obama healthcare bill did purport to address the issue via caps on out-of-pocket expenses….

Original post by Daylife

Europe’s central bank gives helping hand to Portugal

…by journalists on the issue. Yet with private banks and eurozone governments discussing a second bailout for Greece with private investor participation – a condition boxed through by Berlin – Trichet’s calls to “avoid a credit event” and his “definite no”…

Original post by Daylife

CCP partners with Nexon to release EVE Online and DUST 514 in Japan

…have. As a US player the Russians are fun to play against and have added a lot to the Corp Wars. So will Japan. Watashi-monocle’s in the JNEX for 129,366,311 yen. Quote Alotta Baggage: My peopre wirr come to…

Original post by Daylife

Pending Short EUR/CHF

…picture showing further cracks in Southern Europe’s ability to handle its debt burden, I find that shorting the EUR/CHF pair at the 20-DMA down to the 38.2 Fibo extension, off of the May 2 High at 1.2879, the June 26 Low at 1.1804 and the extension to the…

Original post by Daylife

Australian Dollar Cross Pick 07.07.2011

The AUD/USD pared the decline from earlier this week, with the exchange rate bounce back to 1.0774, but I am still waiting to play the range-bound price action in the aussie-dollar once we get a close below the 50-Day SMA at 1.0656. Indeed, the better-th

Original post by Daylife

Conceptualizing Forces Driving the Euro-Dollar Exchange Rate

…June 2010, when the first wave of the European debt crisis was reaching a mini-climax. The euro’s recovery in after the Greek parliamentary votes carried the single currency back above $1.45 but the premium for euro puts over calls did not return to any where…

Original post by Daylife

Euro Forecast to Fall Despite Post-ECB Rally

…strength, giving contrarian signal that the EURUSD may continue its decline The Euro has bounced significantly off of intraday lows as European Central Bank president Jean Claude Trichet eased fears over the fallout of recent Portuguese debt downgrades. Yet…

Original post by Daylife

Oil Prices Roar on Bullish Reports

…explained by lower imports, the decline in oil products suggests a rise in demand,” says Carsten Fritsch, Commerzbank commodity research analyst. If the Department of Energy’s corresponding weekly inventory report confirms the API report, set to be released…

Original post by Daylife

U.S., China to Meet Next Week on Auditor Inspections

…and 12 in Beijing with representatives of China’s Ministry of Finance and the China Securities Regulatory Commission (CSRC). Foreign-based issuers on U.S. stock exchanges are required to file audited financial statements with the SEC, and the auditors of those…

Original post by Daylife

Fire River Gold Announces Additional Drill Results At Nixon Fork Gold Mine, Alaska

…in the upper Crystal mine beyond the mining zones of the six month operating plan. On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments. Certain information regarding the Company including management’s …

Original post by Daylife

Oil prices stalk $100 a barrel

…was also the basis for research notes from Goldman Sachs and Morgan Stanley Thursday that said global economic growth will contribute to tight commodity supplies in the months ahead. Goldman specifically called for rising oil prices, which only added to Thursday’s…

Original post by Daylife

BOE Holds Rates, Pound Suffers

TheGreat Britain pound fell today against most major currencies after thenation’s central bank kept its key interest rate andtheasset purchase program unchanged. Thecurrency managed toadvance versus theJapanese yen.(…)
Read the rest of BOE Holds Rates, Pound Suffers (56 words)

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Original post by NewsInspector

Short-term Double Bottom in GBP/JPY Suggests Further Bullish Correction Ahead

Prev: Short-term Elliott Wave Count, Double 3?s (71) GBP/JPY – GBP/JPY has formed a double bottom in the short-term. – The RSI is pushing above 60, after simply kissing 30, suggesting a break of a weak bearish momentum. – Note also that the market bounced off of 129.00 , near the 78.6% retracement, holding off a bearish attempt. Now, if the market holds off another bearish attempt and supports it above 129.60 , we should confirm the double bottom, for at least a short-term bullish attempt. -

Original post by (FXTimes)

EUR/GBP is Bearish But a Strong Support Cluster Resides Around 0.8845

EUR/GBP Confirms Channel Breakout; Break Below 0.8950 Opens Up 0.8850 (7/6) EUR/GBP – The 4H chart for the EUR/GBP shows a decisive break below the 0.8950 support pivot, now targeting 0.8845-0.8850 . – The risk event of the ECB meeting and Trichet’s conference is not hampering the euro’s decline. – The BoE held rates at 0.50%, and did not stir any market movements neither, so the prior dynamic continues. – The RSI is breaking below 40, so the bullish momentum is killed. A break below 30

Original post by (FXTimes)