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 [...]

Asian Forex Market Session August 7th 2008

Good morning and I welcome you to another trading day. Not to sound like a depressed newsline, but the news was grim for the US market, and 200+ point drop on the dow 30 didn’t make anything better. A oil pipe in Turkey blows on us, and now the Oil goes trending in an ever [...]

US and Canada Forex Market Session August 7th 2008

Good morning and welcome to another Forex Trading Session! Are you ready to make some serious pips? Are you recovering from the raucous European Market Session, with two bank rate statements which should be read shortly, and of course the oncoming US Market Session: Let’s roll out the pippage shall we? Crude Oil is shooting [...]

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 [...]

Forex Market Session July 24th 2008

Good morning and welcome to another busy, fun filled day in the Forex Markets! Europe has a ton of news today and yes, about 80% of the news will be Purchasing Managers Indexes. Look for Purchasing Managers Indexes, both on the Service and Manufacturing End From France around 800 GMT, then 30 minutes later in [...]

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 [...]

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 [...]

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, [...]