Monday, October 29, 2012

DailyMarkets.com - Forex Trading: Market Volatility Expected Ahead Of NFP Report This Week

DailyMarkets.com - Forex Trading: Market Volatility Expected Ahead Of NFP Report This Week


Forex Trading: Market Volatility Expected Ahead Of NFP Report This Week

Posted: 29 Oct 2012 01:04 AM PDT

Market Volatility Expected Ahead of NFP Report This Week
Despite a better than expected US GDP report on Friday, the US dollar took somewhat significant losses against the Japanese yen before markets closed for the week. Meanwhile, after turning bearish during mid-day trading, the EUR/USD was able to stage an upward correction to close out the week relatively unchanged from where it began the day. This week, traders will want to pay attention to several highly important international news … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities: US, German Data May Help Offset Hurricane Sandy Jitters

Posted: 29 Oct 2012 01:00 AM PDT

Commodities are under pressure amid broad-based about the impact of Hurricane Sandy but German and US economic data may help countervail negativity.
Talking Points

Crude Oil, Metals Start Week Under Pressure on Hurricane Sandy Jitters
German, US Data May Help Counter Risk Aversion and Boost Commodities

Commodity prices are facing selling pressure to start the trading week asworries about the impact of Hurricane Sandy on US economic activity spark broad-based risk aversion. In an environment … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Time For Bulls To Throw In The Towel?

Posted: 24 Oct 2012 12:11 AM PDT

At the height of yesterday’s (Tuesday’s) market selloff, I was asked, “Are you throwing in the towel?”

My initial reaction was, “Not yet, but getting close.” After the market close, I reviewed Tuesday’s market action and revised my conclusion: These are not the kind of conditions where intermediate term declines normally begin.

Let me explain by recapping how Tuesday unfolded. The day began with weakness in the European bourses. Yet, a glance at the relative performance of eurozone equities … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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