Monday,
28 July 2008,
22:17 GMT
Fast Analysis
by FastBrokers Team
Research for July 28th 2008
Today was a low volume day to kick off the trading week.
Keep in mind the U.S. has GDP q/q on Thursday and NFP on Friday.
For now the pair looks to be in a tight range with a bullish momentum.
We have a few points of risk to discuss along with target levels to attain.
So, for the last month 1.5900 has been an easy target with a new high of 1.6036, and the lows have been pretty close to 1.5600.
After today the bulls should be looking to hold on to the 1.5700 and reach 1.5837 before the news.
The bears should be looking to break 1.5700 and 1.5650 to warrant a fall to the key 1.5500 level, whilst holding below 1.5796.
• EUR/USD
• GBP/USD
• USD/JPY
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Monday,
28 July 2008,
02:11 GMT
GCI Forex Research
by FX Research Desk
Weekly market recap, week ahed
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.5660 level and was capped around the $1.5945 level. The pair lost about 160 pips last week. Crude oil slipped last week, keeping the euro’s ascent limited. Treasury’s Paulson said a strong U.S. dollar is “really very important.” Philly Fed’s Plosser said the Fed may raise rates before the labour and financial markets recover. The Fed’s Beige Book reported “the pace of economic activity has slowed somewhat.” November fed funds futures see an 88% chance the Fed will hike by 25bps on 5 August. PIMCO’s Gross sees US$ 1 trillion in new mortgage losses.
Buba sees German Q2 GDP growth moderating.
• EUR
• JPY
• GBP
• CHF
• CAD
• AUD
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Friday,
25 July 2008,
23:27 GMT
Fast Analysis
by FastBrokers Team
Research for July 25th 2008
Double your pleasure double your fun. Double double bottoms!
• EUR/USD
• GBP/USD
• USD/JPY
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Wednesday,
23 July 2008,
22:37 GMT
Fast Analysis
by FastBrokers Team
Research for July 23rd 2008
Commentary and analysis is merely a window. It's your job to find and open the door :).
• EUR/USD
• USD/JPY
• USD/CHF
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Tuesday,
22 July 2008,
21:07 GMT
Fast Analysis
by FastBrokers Team
Research for July 22nd 2008
Computer problems almost over, sorry for the delay in commentary.
• EUR/USD
• USD/JPY
• USD/CHF
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Monday,
21 July 2008,
00:19 GMT
GCI Forex Research
by FX Research Desk
Weekly market recap, week ahed
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.5785 level and was capped around the $1.6040 level. The pair lost about 90 pips last week. The U.S. government bailed out Fannie Mae and Freddie Mac with a “liquidity backstop” and will purchase shares in them if needed. Bernanke cited a “critical” need to keep inflation expectations in check and said a “top priority” is normal market functioning. The Fed sees 2008 GDP growth of 1.0% to 1.6% with core inflation at 2.2% to 2.4%. Sovereign wealth funds are said to have reduced US$ exposure. FOMC meeting minutes revealed policymakers believed “some firming in policy would be appropriate very soon.
• EUR
• JPY
• GBP
• CHF
• CAD
• AUD
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Wednesday,
16 July 2008,
23:25 GMT
Fast Analysis
by FastBrokers Team
Research for July 16th 2008
A day of correction could offer the bears with more opportunity.
• EUR/USD
• USD/CHF
• USD/JPY
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1.3408 / 11
0.6431 / 35
