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Forex Daily Outlook – May 15th 2009

Busy day today at forex trading: European GDP, American CPI and TIC Long-Term Purchases are the highlights. But there’s lots more… At 6:00 GMT, German Prelim GDP is expected to plunge by 3% in the first quarter of 2009. Similar dives have been seen in other economies in the world, and Europe’s biggest economy isn’t different. 45

Forex Links for the Weekend – April 25 2009

As usual, I feature some excellent forex-reads that I found on my favorite blogs / sites. There’s a nice mix today: Adam Kritzer talks about the return of Carry Trade, and details on the options traders have. James Chen brings yet another excerpt from his book, this time about how to trade volatility in the

EUR/USD Rally – Very Problematic

The Euro has all the reasons to celebrate today: G20 resolution, Trichet’s defiance, and bad jobless claims. The Euro will soon meet resistance, since this rally is problematic. Very problematic. G20 leaks suggest that the leaders will succeed in reaching a joint agreement for stimulating the world. A $750 billion strong IMF can do much