Wednesday, December 03, 2008
Action Insight Mid-Day Report Yen Surges after Poor Services and Job Data from US Japanese
yen strengthens across the board today after another round of poor
services data from around the world. Released in US session, ISM
non-manufacturing index dropped to record low of 37.3 in Nov, suggesting
contraction in services section is accelerating. Price paid index
dropped sharply from 53.4 while employment... [read more]
posted by fxgenguide,
in British pound, broker, currency, deposit
@ 9:56 PM,
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Wednesday, December 03, 2008
Range
trades do not necessary have to be pulled from perfectly horizontal
periods of congestion. Directional trend channels can be just as
distinct and come with less breakout pressure thanks to their bullish
or bearish bias. The USDCAD channel that has developed is particularly
appealing. Why Would USDCAD Stay in a Range? · Levels to Watch:-Range... [read more]
posted by fxgenguide,
in currency, economies, ForexGen Platform
@ 5:48 AM,
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