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day trading forex currency News

Forex Trading Signals Update: Momentum Strategies Outperform, But Range Maintains Upper Hand (Daily FX via Yahoo! Finance)

Our Forex Trading Signals performed well as of late, catching major moves in the US dollar with impressive accuracy through recent trading. Market conditions have been incredibly difficult to forecast, however, as unpredictable explosions in market volatility have disrupted otherwise range-bound price action in major currency pairs.

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Forex Trading Signals Update: Momentum Strategies Outperform, But Range Maintains Upper Hand (Daily FX)

Our Forex Trading Signals performed well as of late, catching major moves in the US dollar with impressive accuracy through recent trading.

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Forex Trading Signals Update: Market Conditions Challenging, We See Opportunities (Daily FX)

Our Forex Trading Signals have seen mixed performance as of late, as indecisive price action across markets has made for challenging conditions for our six currency trading strategies.

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Pound Surges Despite BoE Minutes Signaling More Rate Cuts Ahead (Daily FX via Yahoo! Finance)

The Bank of England unanimously voted to lower their benchmark rate 150 bps at their November 6th meeting due to increasing downside risk to growth and deflation concerns. The pound surprisingly rose in the news after an initial dip as the vote was expected by forex traders.

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FOREX-Dollar rises vs yen, US stocks dictate direction (Reuters via Yahoo! Philippines News)

* Dollar gains vs yen, U.S. stocks steady so far

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Forex Emerging Markets Weekly - November 17, 2008 (Daily FX via Yahoo! Finance)

The Turkish lira, South African rand, and Mexican peso have taken a serious beating versus the US dollar over the past three months, as the lira has tumbled 27 percent, while the rand and peso have fallen 22.5 percent.

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Forex Trading Signals Update: Range-Bound Price Action Favors Range Trading Strategies (Daily FX)

Our preferences for our DailyFX+ Forex Trading Signals have changed fairly dramatically through recent currency price action, as major pairs’ inability to break out of key trading ranges leave current strategies at key risk for losses.

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