Monthly archive November, 2012

Now that more than 24 hours have passed since the Greece bailout agreement, most of the responding chatter has already been exhausted, and we have been left in today’s European session without a major fundamental story to guide trading. The Read More →

The Euro may face further selling pressure as German inflation slows to the weakest in four months, driving ECB monetary easing expectations. Talking Points Japanese Yen Gains as Asian Stocks Drop on Greece Deal Rethink, “Fiscal Cliff” Jitters Euro May See Selling Pressure Read More →

Dollar Corrects after Stumble, EUR/USD Rejects 1.3000 Euro Dives after Latest Greek ‘Rescue’ Japanese Yen Threatening Bigger Rebound British Pound Bypasses Data, Breakout Readings High New Zealand Dollar Unfazed by RBNZ’s Warnings, CPI Forecast Australian Dollar: Unless RBA Cut Outlook Drops Below -50 bps, Watch Read More →

Buy high and sell much higher, or sell low and cover much lower. Such phrases are the bread and butter of breakout traders. However, this can end in a false break too often. A false break is quite frustrating for traders Read More →

The focus of the elections in Catalonia was about the question of independence from Spain. The results are mixed and leave a bit for every side: on one hand, the pro-independence parties command a majority in the new parliament, yet Read More →