Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
View RSS Feed

Recent Blogs Posts

  1. News in 60 Seconds: Aussie unexpectedly raises interest rates! Gold hits new high!

    by , 10-06-2009 at 09:44 AM (News in 60 Seconds)
    Australia Unexpectedly Raises Interest Rates to 3.25%! Gold hits All Time High!

    Theme of the day: Aussie strength, Dollar weakness. AUD/USD up 1.29%, NZD/USD, EUR/GBP top the % gainers list.

    GBP/AUD down 1.36%, USD/ZAR, GBP/JPY, EUR/AUD all top the % losers list.

    Gold spiked up to $1.038 this morning. It's still at $1,034...exceeding the former all time high of $1,032 (on bid quote on the chart).

    Silver $17.12 up 3.08%

    Oil $71.40 up 1.71%

    A few Nasdaq 100 stocks up 3-4% in pre-market trading.

    GBP Halifax HPI (Home Price Index) m/m better @ 1.6% vs. 0.6% expected and 0.8% ...
  2. News in 60 Seconds: Yen Weakness Abounds on talk of Japanese Intervention!

    by , 10-05-2009 at 09:33 AM (News in 60 Seconds)
    Theme of the day: Yen weakness as Japanese Finance Minister says that if there is a directional bias in the currency market that he will likely intervene. Fujii May ?Take Action? on Yen; G-7 Seeks ?Stability? (Update1) -

    AUD/JPY up 1.25%, NZD/JPY, CAD/JPY are the biggest % gainers on the day.

    Aussie strength and Euro weakness, both showing up in the % losers: GBP/AUD down 0.87%, EUR/AUD, EUR/CAD, EUR/NZD.

    GBP Services PMI better than expected at 55.3 vs. 54.6 expected and 54.1 last time.

    U.S. ISM Non-Manufacturing (Services) PMI coming out at 10am EST today. 50.0 is expected (which is the boom/bust level for the economy).

    Australia's interest rate ...
  3. News in 60 Seconds: Swiss Intervening?

    by , 09-30-2009 at 09:22 AM (News in 60 Seconds)
    Looks like the Swiss Central Bank may have intervened in the EUR/CHF pair this morning. It popped about 160 pips within 35 minutes.

    Themes for today: Commodity dollar strength, Euro weakness

    AUD/USD up 1.32% so far), NZD/USD top the % gainers list. EUR/AUD (down 1.01% so far), EUR/CAD, EUR/NZD, etc. top the % losers list.

    CHF - KOF Economic Barometer came out better than expected 0.85 vs 0.33 expected

    U.S. ADP Non-Farm Employment Change (current reading worse...revision improved). Came in at -254k vs. -200k expected but improved revision -277k.

    CAD GDP m/m worse than expected at 0.0% vs. 0.4% expected and 0.1% previously.

    Tankan Manufacturing Index
    รูปขนาดเล็ก รูป  
  4. News in 60 Seconds: GBP Strength Abounds; Japan back-peddles...mentions intervention!

    by , 09-29-2009 at 09:25 AM (News in 60 Seconds)
    Theme of the day: GBP Strength... GBP/CHF, GBP/JPY, GBP/AUD, GBP/USD all towards the top of the list as GBP bounces after an enormous fall!

    Euro is weak this morning: EUR/GBP, EUR/TRY, EUR/USD, EUR/AUD are all the biggest % losers today.

    Trichet pushed for a "strong dollar"
    in his speech yesterday. (In other words, ...guys...I need a weaker Euro right now!)

    GBP Net Lending to Individuals came in better than expected 0.7B vs. 0.3B expected.

    CBI Realized Sales came in better for the U.K. economy at 3 vs -15 expected and -16 last time.

    U.S. Consumer Confidence comes out at 10 am EST today. 57.0 is the expectation.

    Aussie Building Approvals & ...
Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. The possibility exists that you could sustain a loss in excess to your investment and therefore you should not invest money that you cannot afford to lose. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.