Posted: 18 Oct 2010 04:11 AM PDT The new CFTC rules come into effect now, and US forex brokers release the profitability rates, as required. Oanda stands out with a positive profitability rate, while others lag behind. How is your broker doing? Michael Greenberg collected the profitability reports from the US brokers. In addition to the profitability percent, the brokers also released [...]       |
Posted: 18 Oct 2010 12:47 AM PDT EUR/USD began the week with a big drop. We have a few interesting releases from the US. Are the tables turning on the Euro? Here's a quick update on technicals, fundamentals and community trends. EUR/USD dropping below 1.39. Click to enlarge. EUR/USD Technicals Asian session: Active session sent the pair down from just under 1.40 [...]    |
Posted: 17 Oct 2010 03:00 PM PDT US TIC Long-Term Purchases, and New Zealand CPI are the highlights of today’s outlook. Let’s see what awaits us today. In the US, Treasury International Capital (TIC) Long-Term Purchases, The difference in value between foreign long-term securities purchased by US citizens and by foreigners during the reported period will remain 61.2B, like on the previous [...]    |
Posted: 17 Oct 2010 12:00 PM PDT A busy week expects loonie traders, with a rate decision, retail sales and inflation numbers among others. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. USD/CAD daily chart with support and resistance lines marked. Click to enlarge: USD/CAD was reached in the past week, but yet again, it didn’t [...]    |
Posted: 17 Oct 2010 07:00 AM PDT The Japanese calendar is quite light this week. So, the yen will mostly move on technicals and words from senior officials regarding interventions. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. USD/JPY daily chart with support and resistance lines marked. Click to enlarge: USD/JPY reached new lows in the [...]    |
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