European Forex Market Session August 6th 2008

First of all, I would like to apologize for reporting thursday’s news instead of wednesday’s news for the Asian Market report. I apologize, and promise that it will never happen again!!! Let’s get the asian market news!!! England had a late night tea session around 0000 GMT last night, for NIESR gross Domestic Product and [...]

Europe Market Open: 7/9/08 GoForexTrade.com

Good morning my fellow European Traders! Ready for an awesome day making some serious pippage? Let’s get right to the news! Oil: The sweet stuff has taken a major drop in price over the last couple to $136.38 on the Electronic New York Mercantile Exchange. SUV Owners REJOICE!!! England’s Consumer Confidence fell short of expectation [...]

Asian Market Open: 7/9/08 GoForexTrade.com

Good afternoon/evening/morning! Making some good pippage? The number from Consumer Credit in the USA was pretty positive, to the degree of 7.8 Billion, keeping the same number from last month, but shooting WELL over consensus numbers (7.5 Billion) Are you ready for another jam packed, fun Asian Trading Session? 2101 GMT We will start tonight [...]

Euro/England Open: June 10 2008 GoForexTrade.com

Good morning and Good trading! Get some good sleep fellow traders! Today I will tell ya will be a hot one, and not with the weather, but with some key numbers on industrial production coming out today. And for those staying up to go through the US markets, we got a nice chunk of news [...]

Mid Afternoon Update: June 9-10 GoForexTrade.com

Today, I have decided to combine the midday and the afternoon for the US market. So… What did we miss? Newswise, the United States had Pending Home Sales go up 6.3%, well over expectation of .5%. So what did Trichet, and Geithner say (condensed version)? Trichet: Do not look for a huge rate increase; Geithner: [...]