European Markets October 27th 2008 – Asian Markets Fall, but Yen Rises

The asian market is taking a tumble today, and the Japanese Currency is rising on the dollar. Matter in fact, a number that hasn’t been touched since 1995. A one week drop from 102.3 to 93 yen per dollar is quite a drastic drop, and the concern here, is the importing of goods to the [...]

Welcome Back! Oil sees itself above $100, Paulson wants the bailout NOW!

Hey there folks! Welcome back from the weekend. Coming back from a weekend after a week of insane proportions, Hopefully we can launch this trading week in stocks and forex in a more positive territory. Yeah, Treasury Secretary Henri/Hank, whateveryouwantocallhim Paulson is urging that the $700 Billion bailout package goes quickly through the legislational process [...]

Weekend Cap: GoForexTrade.com

Hello! How is everybody’s weekend going? Having some serious fun? Going to a BBQ or having a night out on the town, looking back at the awesome week you had making money on the forex market. There is a few major news issues that came up through the week. 1. Oil: This week, we have [...]

US Market Session: July 10th 2008 GoForexTrade.com

Good morning traders! How is your day so far? Today in the US market Session, we are going to see a few heavy hitters in the news pipe today. First, we will recap the news from the European Market Session. French Industrial Production had slid 2.6%, sliding past the consensus data of -.5%. We also [...]

European Market Open: 7/10/08 GoForexTrade.com

Good morning and welcome to another trading day! Are you ready to win??? Let’s first report the results of the asian market news, shall we? First, we had New Zealand with the Business NZ Manufacturing Index. The numbers came up a bit short at 45.7 compared to the previous time around at 47.9. Japan had [...]

US Market: 7/9/08 GoForexTrade.com

How are you doing during this trading session so far? Making any serious pips? How about we do a quick recap of all things in the previous european market and we will then talk about the US market. Europe: Germany’s Trade Balance was only at 14.4 Billion, not at the 17.4 Billion Expectation. More beemers [...]

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 [...]