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Post Tagged with: "G20 summit"

Top 5 Dollar Downers

Here are 5 major macro economic reasons that weigh heavily on the US dollar: Obama’s stimulus package – spilling lots of money into the economy – devaluation of the dollar. FOMC Statement – Printing $1 trillion dollars instantly – dollar devaluation yet again. Toxic Asset Plan – Geithner’s plan will come mostly from the public

Forex Links for the Weekend – March 14 2009

Here are some very interesting reads that I’ve gathered this week from blog / sites that I like and read regularily: FX360 talks about the G20 summit in Sussex, reviewing past G20 and G7 meetings. Lena seeks a breakout in the most popular pair, EUR/USD. FX Instructor makes a good technical summary on the same pair:

AUD/USD Broke Upwards As Expected

AUD/USD broke the narrowing channel I was talking about two days ago and made an upward break. Very close to the end of the week, it trades higher and aims for new targets. AUD/USD long is live and kicking. On March 11th, I wrote that AUD/USD is squeezed in a narrowing channel, and that the

Forex Daily Outlook – March 13th 2009

Friday the 13th is here again, and it focuses on North America: Employment data from Canada, Trade Balance in both countries and Prelim UoM Consumer Sentiment in the US dominate the day. There are other figures, and it’s also the first day of the G20 summit in Sussex. Early in the morning, Japan releases some economic