ForexRazor - Daily Pair Report

GBP/USD Commentary and Analysis

Ralph — Fri, 06 Nov 2009 19:54:00 GMT

There were some minor reports in England that gave the Input PPI analysis at 2.6% versus and expected 1.6% and a minus 0.2% in the previous period. The out put PPI was +0.2 versus 0.4% and...

EUR/USD Will High Unemployment Help the Dollar?

Ralph — Fri, 06 Nov 2009 18:37:00 GMT

The surge in the unemployment rate to 10.2 was a surprise most analyst. The Labor Dept report that only 190,000 jobs were lost in October fell far short of the real number of 558,000 that lost t...

GBP/USD Commentary and Analysis

Ralph — Thu, 05 Nov 2009 20:13:00 GMT

The economic news coming from Britain continues to be constructive. The month to month measurement of manufacturing activity increased 1.7% better than the expected 1.1% and a -2.0% in the previ...

EUR/USD

Ralph — Thu, 05 Nov 2009 18:18:00 GMT

After all the Central Bankers have had their say, it is time to try to figure out what did they say, and what does it mean to the various pairs. It looks like the ECB has decided to sit tight wi...

GBP/USD Commentary and Analysis

Ralph — Wed, 04 Nov 2009 19:30:00 GMT

The Fed's FOMC notes are due this afternoon, to be followed tomorrow with BoE and then ECB comments and notes. This has the market on edge and the volatility of the equities market adds another ...

EUR/USD Market for the Quick and Nimble

Ralph — Wed, 04 Nov 2009 17:21:00 GMT

The volatility in both equities and the dollar continues, this time with stocks higher and the dollar lower. Yesterdays venture under the 1.47 handle was brief and the trip back to the 1.4840 le...

GBP/USD Commentary and Analysis

Ralph — Tue, 03 Nov 2009 19:40:00 GMT

Concerns about the financial strength of Lloyds Banking and the RSB intensified after the UBS reported a larger than anticipated loss. This pressured the pound down to the support around the 1.6...

EUR/USD Commentary and Analysis

Ralph — Tue, 03 Nov 2009 17:18:00 GMT

It seems the jittery equities markets is causing some traders to reconsider their positions. The carnage of last year's global financial meltdown, caused investors to seek safety. They pou...

GBP/USD Commentary and Analysis

Ralph — Mon, 02 Nov 2009 19:33:00 GMT

This market continues to meander sideways in the 1.63 to 1.66 area. The Manufacturing PMI in Britain came in at 53.7, better than the expected 50.1 index and the best rating in 2 years. Wh...

GBP/USD Commentary and Analysis

Ralph — Fri, 30 Oct 2009 17:45:00 GMT

Perhaps yesterday's strength in the equities market was unjustified and we are merely undoing the mistake. Personal income and spending numbers released in the US this morning did not confirm th...

EUR/USD Commentary and Analysis

Ralph — Fri, 30 Oct 2009 15:55:00 GMT

It looks like yesterday's equity rally does not have legs. The GDP number gave the market a change in sentiment, but a more careful analysis revealed the 3.5% is an annualized number and the qua...

GBP/USD Commentary and Analysis

Ralph — Thu, 29 Oct 2009 16:37:00 GMT

Today's US GDP report boosted US equities and caused the USD to give back some of the recent gains. Closer examination of the preliminary GDP report will reveal the increase in the economi...

EUR/USD Euro Bounces with Vigor

Ralph — Thu, 29 Oct 2009 15:55:00 GMT

The advanced US GDP report came in at a positive 3.5%, better than the expected 3.2%, and much better than the -0.7% in the previous period. This boosted equities and currencies other than the d...

GBP/USD Commentary and Analysis

Ralph — Wed, 28 Oct 2009 18:45:00 GMT

The pound is showing some signs of revival after last week's sell off, able to spend a little time above the 1.64 handle. Since the market for the pound has chased out both the longs and shorts,...

EUR/USD Commentary and Analysis

Ralph — Wed, 28 Oct 2009 16:30:00 GMT

There is nothing like some market volatility and departure from the majorities conventional wisdom to elicit a barrage of comments and opinions. Bill Gross the founder and manager of Pimco, the ...

GBP/USD Commentary and Analysis

Ralph — Tue, 27 Oct 2009 18:28:00 GMT

Optimism in Britain on the estimated amount of realized sales which was came in at 8 besting estimates of 6 and 3 in the last period contrasts favorable to the negative US Consumer Confidence Index.&n...

EUR/USD Are Speculators Tiring of Short Dollar Positions?

Ralph — Tue, 27 Oct 2009 15:53:00 GMT

This pair continues to suffer from the inability of the bulls to move up after conquering the 1.50 handle. A market that cannot go up, generally goes down, especially one with so many longs.&nbs...

GBP/USD Commentary and Analysis

Ralph — Mon, 26 Oct 2009 18:00:00 GMT

After Friday's big wash out, there was a further downside move today to 1.6250 before catching, and then bouncing back to a little above 1.6390. On Friday's sell off the open interest did go up ...

EUR/USD Commentary and Analysis

Ralph — Mon, 26 Oct 2009 15:45:00 GMT

Although we did have a German consumer climate report that was a little negative this morning, the early week fundamental news is light. A Chinese opinion expressed in the Chinese Financial News...

GBP/USD Commentary and Analysis

Ralph — Fri, 23 Oct 2009 18:46:00 GMT

This is an equal opportunity market has tricked and brutalized bears and bulls alike. After chasing out many of the bears with a 900 rally, this morning's report of the preliminary GDP con...