Retails Sales…huh?
Ok guy’s so U.S. retail sales came out quite disappointing, yet again. For a few weeks there everyone from traders, investors and the guy serving you your deli sandwich thought we just might be heading out of the woods. Then like a freight train we’re reminded about how fragile of a world we live in. [...]
Great things are happening!
Alright guy’s, we have plenty of awesome things going on here at FXPowertTrading.com. We will get to that shortly. Let’s first take at the past week and what is to come this week.
First let’s take as look at The EUR.USD. this pair had a great week. It has traded above it’s major bearish trendline. We [...]
FXPOWER ALERTS!!!
Well, there is a great opportunity, that as we speak the final touches are being worked out and its very possible that by the end of the day it will have passed you by.
You will not have to spend a dime in order to take advantage of the incredible offer that will explode your income. [...]
Stressed?… Not you, the banks silly…
From our friends at Bloomberg:
Bernanke Urges Banks to Overhaul Pay, Risk Policies (Update1)
By Steve Matthews and Alison Vekshin
May 7 (Bloomberg) — U.S. banks need to overhaul policies ranging from employee compensation to risk management, Federal Reserve Chairman Ben S. Bernanke said before regulators release results of the stress tests on the nation’s largest lenders.
“The [...]
Red Bull anyone…?
O.k., So you’ve had a long day or long long night. The baby has crying, You helped a buddy move furniture and you’re exhaustd. I mean wiped out. The U.K. open comes around and you begin to see the GBP/USD wake up from it’s asian slumber. You begin to think to yourself, I’ll just do [...]
Yen falls…
Yen Falls as Signs of Global Recovery Reduce Demand for Safety
By Ye Xie
May 2 (Bloomberg) — The yen declined against the euro for the first time in a month and the dollar dropped after the Federal Reserve said the U.S. economic contraction is “somewhat slower,” reducing demand for the currencies as a refuge.
The Mexican peso [...]
Session commentary…
From our friends at Saxo bank:
Market Comment:
Yesterday, the baseline scenario for the FOMC proved to be the correct one, i.e., the Fed came to the table with little new on offer, and even noted that it saw some positive signs of stabilization while clearly leaving all policy options open if the worsening gathers pace. The [...]
Swine flu, cars , and everything else…
From our friends over at SaxoBank:
Market Comment:
Markets were still on the defensive at the start of the Asian session as the swine flu crisis develops. Risk aversion was at heightened levels but there were signs of bottom-picking in currency markets with some viewing the risk sell-off as overdone and looking for bargains. Hence vulnerable currencies [...]
Housing focus…
New U.S. home sales dipped a little, but was better than expected. Home builders i’m sure were encouraged to see some positive news. Does this mean that a path out of the deep dark forest of halted demand. Who knows? With mortgage rates as low as they are and lenders finally loosing up the purse [...]
What to look for…
Well it was nice to take advantage of the positive views of the euro this morning by many traders. It is even better when you can trade it against a currency that may be showing signs of weakness. Case and point the yen. Everyone is speculating that the gloom and doom over the eurozone may [...]
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