Good morning and welcome to another week of great forex trading. This week we will see a few great things happen. Purchasing Manager Numbers, unemployment claims, and other heavy hitting currency shifting news items are expected to rear themselves to the world.

Also, on Tuesday, we are celebrating the launch of Jason Alan Jankovsky’s Forex Brotherhood. It is a new Forex Trading Community, nothing like you have ever seen before in the Forex game. Two daily webinar broadcasts, an exclusive forum, and software solutions that could possibly give you the needed edge in your trading game. Check Out Jason Alan Jankovsky’s Forex Brotherhood By Clicking Here

From Europe’s Market:
The House Price Index from Rightmove has declined to -2.3% from previous numbers. Rightmove is kinda similar to the REALTOR Real Estate Agent organization.

Switzerland’s Retail Sales have actually upturned 4.7%, well over the 3.2% expectation, Great Job!

We are still waiting for the Trade Balance numbers from the Eurozone, but let’s see what the majors are doing as well as crude oil!

Crude Oil has slightly surged to $114.33 on New York’s Mercantile EXchange electronic trading.

M A J O R S:
EURUSD 1.4723
USDJPY 110.17
GBPUSD 1.8660
USDCHF 1.0957

And for the US Market today, we are looking for numbers from Canada’s Foreign Securities Purchases, which will cover stocks bonds, and equities that are purchsing outside of Canada’s borders. Then the United States will have the National Association of Home Builders release a Housing Market Index.

That is all the news until the Asian Forex Market Session. TRADE ON!!!

Thomas Howell
goforextrade.com


One Response to “US/Europe Market Session August 18th 2008 GoForexTrade.com”

  1. Lisbon Treaty Says:

    Posterity: you will never know how much it has cost my generation to preserve your freedom. I hope you will make good use of it.JohnQuincyAdamsJohn Quincy Adams

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