Tags: traders

Swiss Franc looking to move better.


25th April 2006
The Swiss Franc is trading steadily at around 1.2690,but looks like the US Dollar holders could soon abandon this level as too expensive to hold. Yesterday we saw a test again at the 1.2650 level but a failure to move below this level leaves traders very… more »
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Mid morning Forex market comment.


08th March 2006
Bank of Japan; will they, won't they? The Forex markets remain subdued in morning trading, very much in the wait-and -see mode before economic data releases and Central Bank announcements. Latest Japanese economic data releases pushed the possibility of… more »
Technorati tags: bank of japancurrencyeconomic dataforexfxtraders
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Euro / US Dollar forex update


28th February 2006
Euro gains on economic data release The Euro gained ground against the US Dollar after the release of firm, but expected, Euro-zone inflation data. January Euro-zone CPI rose to an expected 2.4 pct annual rate, this was the 12th month in a row that the… more »
Technorati tags: currencyeconomic dataeuroeuro-zoneforextraders
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Forex Technical Trading Update


28th February 2006
Canadian Dollar- all dressed up, where shall we go? Hands up all those of you who were trading the currencies in December 1991. Well, if you are one of those select few, then you will remember that it was then that the US Dollar / Canadian Dollar was la… more »
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Afternoon Forex comment


24th February 2006
US Dollar / Japanese Yen update A close below 116.70 for the Japanese Yen would be the strongest close since the end of January. This would be a strong signal for traders to take the Japanese Yen to the expected support at 116.10 and then the next targe… more »