Asian Markets – US GDP Declines, Oil Drops Like a Bad Habit!

The day after the discount interest rate drops in the US Federal Reserve, The asian markets are starting the day off in the wrong foot. As of time of writing, the Nikkei 225 is at -318 and the other two markets are not open yet. A possible tell tale sign of this huge downshot every [...]

Dow dives 733, FTSE, Nikkei 225, World Markets Asses Handed

Well well well, if we couldn’t have just another fine freaking day on the street! Another day of widespread panic on the world markets, as the Retail and economic outlooks in the US market are about as bad as week old dead salmon laying on a grass marsh. I seriously do not have any trust [...]

Forex Market: July 31 2008 GoForexTrade.com

Good morning and welcome to Thursday’s trading session. Let’s start with the news. Japan has improved the negative outlook a couple of shades in housing starts this morning. The european market so far has seen Switzerland’s Consumer Price Index monthlies beat the consensus, but remains in negative territory at -0.4% England has also negative numbers [...]

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 17th 2008 GoForexTrade.com

Good morning and welcome to another market session in the US! Are you ready for another action packed, news filled trading session? The European session brought a couple of numbers this morning. Switzerland’s ZEW Expectations have actually slumped a bit past consensus at -76.9 and the Italian Trade Balance has well outshone itself with having [...]

Asian Market Session: July 11th 2008 GoForexTrade.com

Good afternoon and welcome to the Asian Market Session. Are you making any pips on the incline of the Euro and the Crude Oil jump? The dollar has downed a bit along with oil increasing. Primarily due to the issue with Iran playing with missiles and of course a possible fear that also the same [...]

US Market Open: 7/3/08 GoForexTrade.com

Good morning! Ready for one Heck of a trading day? We have a GREAT news lineup for you today. Jobs report is due out today, and I know everybody is excited, rather for the menage a duo of the jobs report and ECB’s Interest Rate. And for our fellow US traders, tomorrow is independence day, [...]

US Market Midday: 6/19/08 GoForexTrade.com

Good morning folks, how is the trading this fine morning? Let’s get right down to the trading news. But first, let’s cover what has happened from the US and European Markets so far…. EUROPE! Switzerland: The land of Helvetica had quite a few news numbers that came out earlier today… Trade Balance is looking very [...]

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 [...]

US Midday Cap: June 5th 2008 GoForexTrade.com

good afternoon! How is everybody doing? Let’s recap all the fun things from the european market. GRAB a tea and read! England News!!! Finally, we get a number from Halifax regarding House Price. I seriously don’t know what all the fuss was with waiting for this, because Halifax reported 2.4% in the red. The Bank [...]