The FX Market

After losing ground against the major currencies during the London session, the US dollar staged a partial recovery. The GBP/USD currency pair dropped about 100 pips during the New York session.

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Hi everybody, for this Monday outlook I continue our cable analysis from last week. This trade plan isn’t cut and dry given our present levels but cross referencing with the Euro Pound will provide an edge. Good luck!! David Pegler

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FOMC Statement Holds Few Surprises, Higher-Yielders Hold Overnight Gains vs Greenback Wednesday – November 4th, 2009 Recap: The reaction to the FOMC statement was muted as policy makers held closely to their previous statement. The Euro did test the 1.49 area in the releases aftermath. The Fed statement showed that while economic activity has continued to pick up, there was softness in household spending and inflation and didn’t offer any hints that they would move up their plans to raise rates. News Provided by CMS Forex www.cmsfx.com Analyst Nick Nasad Open up a free practice account and start trading Forex today.

Peter Bain of Forexmentor demonstrates how to use the powerful divergence tactics to predict price reversal. Please Rate & Subscribe to me Thanks! forexmentor.com http forexmentor.com

Hi All. Todays video is an update on where we stand with the Pound, EUR/JPY and a headsup for those who like to trade the Euro.

Hi everyone. Today’s video is an update on where e are at on the pound, short/medium/long-term. Also a piece on the Aussie. It could go either way. I am happy for see it do this. Waiting for the Aussie Employment news to show me the way.

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