Fewer Americans than predicted are filing applications for unemployment benefits, creating optimism for Friday morning’s release of the Non-Farm Payroll Report.   The report is expected to show that the U.S. added 160,000 jobs in April, compared to 120,000 added [...]

Although it is presently experiencing an uptrend, the EUR/USD continues to be the most misunderstood pair in the foreign currency market. Euro news is certainly plentiful. And, traders are having a difficult time of understanding why the Euro is still [...]

As I review this chart, there are a number of things going through my mind. One, over the last three weeks the Euro Zone has had its share of bad times. Two, the scheduled bond sales for both Spain and [...]

Both technically and fundamentally the GBP/USD pair presents a strong short opportunity at present prices. With a clear Kings Crown being formed on a daily time frame, the pair seems to be weighted to the sell side. After the new [...]

I don’t mean literally the next George Soros, but more the situation. George Soros is, of course, most commonly known for shorting England’s currency giving him the moniker “the man who broke the bank of England”. His investment profits during [...]

Now is the perfect time to be looking at the USD/CAD long. Currently the Brent and WTI numbers are pushing (seasonal) all time highs. This is presenting the most complete trading opportunity in the FX market, outside of almost every [...]

The Euro is under pressure this week. On March 8th, Greece’s private investors will decide whether or not to accept a bond swap that could help prevent Greece from a messy default. If investors agree to this swap, they will [...]

Today, Federal Reserve Chairman Ben Bernanke told Congress the US unemployment rate had fallen faster than expected. In January 2012, the US unemployment rate hit a 3-year low of 8.3% down from 9.1% in August 2011. The US economy is [...]

On Wednesday, the Yen hit a 7-month low against the US Dollar. Recent announcements played a factor including a rise in oil prices, the Bank of Japan’s expansion of its asset-purchasing program, and economic data showing a trade deficit for [...]

The entire Forex market is waiting for news out of Brussels today about the potential Greek bailout package. If the bailout package is not approved, there could be the potential to capture 250 pips. If the bailout package is approved, [...]