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8-25-09 18:12 GMT – Although my forex signals are 95% technically-based, like any good trader I also keep an eye on the underlying fundamentals as well. My philosophy is that the fundamentals will provide the trade direction while technical analysis will give you the specific entry and exit points. To that effect, I’ve talked [...] 6-6-08 16:27 GMT – USD dropped sharply across the board as unemployment rose to 5.5% and payrolls shrunk for the 5th straight month, adding fuel to the argument that the US is already in a recession. The deeps setbacks in the dollar blew out many dollar bull’s stops and a rebound looks limited. The [...] 6-5-08 18:35p GMT – After the ECB’s announcement that the European Central Bank may actual raise rates by the end of the month the markets are looking for direction. It seems a shift is coming but theories abound as to which way that shift will go. The US signaled it will raise rates by [...] 6-4-08 21:57 GMT – RBNZ signalled that they would begin lowering interest rates by the end of the year to combat a softening economy. With Bernanke of the Fed signalling a stop or even a raise of interest rates by the end of ’08 look for the NZ to continue to weaken against the [...] 5-29-08 9:08a GMT – UK housing data came in five times worse than expected and was the cause of the rise in USD across major pairs as traders feared that the a global recession could be closer at hand. If more bad data continues, especially in light of hawkish comments by the Fed on [...] |
 
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