Short-Term Forex Technical Outlook: NZD/USD (Daily FX via Yahoo! Finance) The New Zealand dollar fell to a six-year low against the U.S. dollar over the last 24 hours of trading, and may continue to move lower over the remainder of the trading session as risk aversion continues to drive price action in the Forex market.
Forex Trading Signals Update: Volatility Has Dropped, Look to Range Trading Strategies (Daily FX via Yahoo! Finance) Our Forex trading signals saw mixed performance through the past seven days of trading, as our Momentum-based strategies continued to outperform while Breakout and Range signals were comparatively disappointing.
Risk Aversion Leads To Breakouts In Yen Crosses (Forex Video) (Daily FX via Yahoo! Finance) Talk of a bailout package for the European Union doesn't offset fear of US auto defaults spurring another credit crunch. Canadian inflation data and Bank of Japan rate decision represent top event risk for Friday.
Euro Forecast to Decline Further Against US Dollar on Forex Positioning (Daily FX via Yahoo! Finance) EUR/USD Ratio: -1.04 Trading Forecast: Bullish
Saizeriya to Book 14 Bln Yen Charge on Forex Derivative Losses (Bloomberg) Nov. 21 (Bloomberg) -- Saizeriya Co. , an Italian restaurant chain operator in Japan, expects to book a 14 billion yen ($147 million) charge for losses on derivative foreign exchange contracts after the yen unexpectedly strengthened.
US Dollar Forecast to Advance versus Euro on Forex Sentiment (Daily FX via Yahoo! Finance) EURUSD - Euro Forecast to Decline Further Against US Dollar on Forex Positioning USDJPY - Japanese Yen Likely to Continue Higher Through Short-Term Trading USDCHF - US Dollar/Swiss Franc Positioning Forecasts Further Strength GBPUSD - British Pound Forecast Unclear Against US Dollar USDCAD - Canadian Dollar Forecast to Fall Further versus US Dollar
PFGBEST.com Delivers MetaTrader4 Retail Forex Platform (Business Wire via Yahoo! Finance) CHICAGO----PFGBEST.com announced that its BESTDirect MetaTrader4 Forex trading platform has surpassed expectations in its premier and is now being broadly marketed in the electronic Forex trading industry.
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