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Summary 5/3 / 5/7

Summary 5/3 / 5/7

 01.05.2010 02:18   actionforex.com

Monday, May 3, 2010 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20100503s'); Tuesday, May 4, 2010 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20100504s'); Wednesday, May 5, 2010 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20100505s'); Thursday, May 6, 2010 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20100506s'); Friday, May 7, 2010 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20100507s');

World E-commerce
Weekly Economic and Financial Commentary

Weekly Economic and Financial Commentary

 01.05.2010 02:18   actionforex.com

Real GDP grew at a 3.2 percent annual rate, as strong growth in consumer spending and inventory rebuilding contributed the bulk of the improvement during the quarter. Business fixed investment was supported by equipment and software spending, while weakness in structures continued. Government outlays were a mixed picture, with federal...

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FX Strategy Weekly

FX Strategy Weekly

 01.05.2010 00:18   actionforex.com

Short speculative GBP positions have been cut back over the last four weeks, but overall are still well above historical norms. This leaves scope for an (extensive) short squeeze if the Labour party is defeated next week Thursday, with the biggest move potentially earmarked for GBP/JPY depending on equity market...

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Weekly Technical Update: A Week of Consolidation

Weekly Technical Update: A Week of Consolidation

 01.05.2010 00:18   actionforex.com

This market was in a broad based consolidation. Even cross pairs created from the weakest paired with the stronger currencies such as EUR/CAD is finding bottoms. In these periods, it is important to follow the structure of the consolidation. It is also important to be patient in dealing with consolidations...

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The Week Ahead

The Week Ahead

 01.05.2010 00:18   actionforex.com

The month of May looks set to start with an eventful week that may generate significant volatility. (N.B.: Monday is a bank holiday in London.) First up, on Sunday, the EU has scheduled a press conference at which the final details of the Greek aid package are expected to be...

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Rumored Bailout for Greece Supports Euro

Rumored Bailout for Greece Supports Euro

 01.05.2010 00:18   actionforex.com

The dollar closed mixed versus its counterparts on Friday. Greek default risks eased and reports showed that federal prosecutors are weighing criminal fraud charges against Goldman Sachs. US Q1 2010 GDP rose at a 3.2% annualized pace, in line with expectations. Stronger-than-expected private consumption and business investment bode well for...

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USDJPY: Signs Of Price Exhaustion On The Horizon

USDJPY: Signs Of Price Exhaustion On The Horizon

 01.05.2010 00:17   actionforex.com

USDJPY preserves most of its recovery gains activated from the 84.80 level, its Nov'10 low but its weekly and daily price charts show some forms of price exhaustion as the week ended on Friday. The weekly chart (not shown here) shows the inability (ahead of key resistance) of the pair...

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Date: 02 September 2010 - 11:59

Number of sources in English: 130