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Monthly archive April, 2014

Euro Short Positions Expensive as Rates Spike into Month-End, Holiday

Why are Euro Rollover Rates so High? The end of the month has produced a sharp jump in overnight interbank lending rates (LIBOR) in Euros, and the fact that today sees rollover charges/credits at four times their normal rate magnifies the Read More →

GBP/AUD, GBP/USD Breakouts (or Breakdowns) Linger after UK GDP

Talking Points: - UK GDP continues to grow, just not as fast as expected. - GBPAUD and GBPUSD near decision points ahead of event risk. - Forex economic calendar winds down with US Consumer Confidence. To keep up with developments central banks and their Read More →

Precious Metals Drop Ahead of US Data As Traders Look Past Ukraine

Talking Points Gold and silver exposed to further falls on stronger greenback ahead of US data Palladium vulnerable near key resistance as traders look past tensions in Eastern Europe Copper faces further weakness on concerns over tightening Chinese credit conditions Gold and silver continue Read More →

British Pound Ready for a Breakout on 1Q GDP Release

Talking Points: Dollar Traders Count Down Hours to FOMC Decision British Pound Ready for a Breakout on 1Q GDP Release Euro Slowly Rising Again, Expect Another ECB Threat? Dollar Traders Count Down Hours to FOMC Decision Risk trends were mixed on the day and US Read More →

GBP/USD Eyes 1.7000 as U.K. 1Q Gross Domestic Product (GDP) Picks Up

- U.K. 1Q GDP to Expand 0.9%- Fastest Pace of Growth Since 2Q 2010 - Annualized Growth Rate of 3.2% Would Be the Highest Since 4Q 2007 Trading the News: U.K. Gross Domestic Product The advance U.K. 1Q Gross Domestic Product (GDP) report Read More →

ForexPeaceArmy | Sive Morten GBP Daily 04.25.14

Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.

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