US and Canada Forex Market Session August 13th 2008

Good morning and welcome to another day of trading. We have some reports from the US market already, and oil is at the same price. The European Market from earlier recapped here! England’s job report, as expected was all in the red. The claimant count change was at 20.1K over 17.5K. The Average earnings index [...]

Forex Market July 25th 2008

Good morning and welcome to the weekend! Let’s get to the news and then get to the weekend!!! In Europe… Germany will release numbers from their Import Price Index. This is a monthly index. At the time of writing, this number was already released at 1.5%, over the consensus of 1.0%. In about an hour [...]

Asian Market Session: July 18th 2008 GoForexTrade.com

Wow! What an amazing US session we had! Oil is just dropping faster than the pounds on “The Biggest Loser!” Crude Oil on the New York Mercantile EXchange has dropped down to $129.29. Keep drilling offshore and if we see prices go down to 30-40 a Barrel, I have a reason to buy a Hummer [...]

US Market Session: July 11th, 2008 GoForexTrade.com

Good morning American Traders! Are you trading, or are you one of the folks who went to buy an iPhone? Crude Oil is back where it’s started at $146.35. Should you sell your SUV yet? hmm…. So Fannie and Freddie are having their issues, which are government sponsored mortgage firms. And the Euro! Oh the [...]

US Market Open 6/12/08 GoForexTrade.com

Good morning American Forex Traders. How is everything so far? Enjoying the nice rally off of the Euro? Before we get into today’s news events, let’s quickly recap the european sessions so far… In Europe, French Final Employment Change Quarterlies came out positively at .4%. The European Central Bank has stated that with the current [...]