New York and Canada for May 12 2009

Good morning my fellow traders! Check out the news for this morning!!! US NEWS: Trade balance is down, but not as bad as the consensus expected it to be. A total deficit of 27.6 Billion. Federal Open Market Committee member Dennis Lockhart reminded us that although things are starting to improve, do not start thinking [...]

European Forex Market Session August 13 2008

Welcome to your european news session report. From the asian session… Crude Oil remains pretty much unchanged throughout the asian session despite the conflicts in georgia. Main pipelines to the province have been shut down for protective measures and protect commodity prices. MAJORS: EUR/USD: 1.4929 GBP/USD: 1.8981 USD/JPY: 108.74 USD/CHF: 1.0841 Japan’s trio of news [...]

Europe US and Canada Forex Market Session August 8th 2008

Good morning and welcome to another fine day in Trading Forex. Looks like the Turkish oil pipe issue didn’t affect the NYMEX numbers for long. The barrel price for Crude Oil is now back around $118. We also have the numbers from Japan’s Economy Watcher’s Current Index, which came back at 29.3. MAJORS: EUR/USD: 1.5167 [...]

Asian Forex Market Session August 7th 2008

Hello! How was trading today? Crude Oil is having a good day, falling at times below $118 per barrel. The United States did the Crude Oil Counts earlier, and we reported a higher jump in inventory over forecast! And in O Canada! we have the Richard Ivey Purchasing Managers Index. and the index is an [...]

Asian Forex Market Session: July 6th 2008

Good evening to our US traders and good morning for the Asian forex traders!!!! What a KICKASS day that we had on wall street! ISM came in at a nice, but slim margin over forecast, and the Interest rate stayed the same at 2%! The Dow Industrial 30 sees a gain of 335 points, and [...]

Forex Market July 28th 2008

Hello, and welcome to another awesome Forex Market Week! Are you ready to make some good pips this week? Let’s get into the news from Asia’s market, and then talk about the rest of the day. For starters, Oil is just a bit over $123 at writing. New Zealand has released their trade balance, which [...]

US Market Session: July 16th 2008 GoForexTrade.com

Good morning! Making any serious pips on Bernanke’s Comments, or any of the other bastions of Forex News on the dollar today? Let’s cover the european session and then we will discuss the US markets. Today we had Consumer Price Index numbers read from Germany, France and the EU. Germany’s Final CPI was at .3%, [...]

European Market Session: July 16th 2008 GoForexTrade.com

Good morning and welcome to another great trading session in the European Market. Today is a guarantee for some hardcore business on the money side of things. In the asian trading session, Japan released their tertiary industry activity index monthlies, and reported a decline of -.2%. Australia had a pair of reports that came out, [...]

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 [...]

Asian Market Report: 7/10/08 GoForexTrade.com

Good afternoon to the US folks! Good night for Europe! And GOOD MORNING to those trading the asian market session! How is everybody doing? Let’s make some serious pips and turn that into some cold hard cash!!! So, what is on the news deck for tonight? Plenty! Japan will have a couple of news things [...]