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Foreign

Bobbys Corner-Open Market-March.11.2010

bob-slade-forex-2-150x200Good Morning:

The EUR/USD pair was little changed in the overnight session.  Very narrow range bound trading with no clear direction evident.
GBP had a good day as it jumped over the 1.50 mark versus the USD, and rose across the board.

Bobbys Corner-Open Market-Dec.4.2009

bob-slade-forex-trading-7-150x200Good Morning:

The USD  was slightly weaker ahead of this morning’s employment data.  In Germany, the Bundesbank upgraded it’s forcast for growth in 2010.

Asian equity markets were mixed, and Europe is lower at this time.  US Futures are pointing to a higher opening this morning.

Today the markets will focus on the employment data.  There are potentially mixed sgnals between the Non Farm Payroll data and the outright unemployment rate.

Watch this section for continuous updates during ths day.

Bobbys Corner-Open Market-Sept. 9.2009

bob-slade-forex-trading-6-150x200Good Morning:

I have been away on holiday, and I hope all o f you enjoyed the summer which is now officially over.

The Euro strengthened overnight against the USD and JPY.  Speculation that the world economies are starting to rebuild after the worst economic slowdown since World War 2 has traders looking for better yields not safer havens.

European equity markets are higher this morning (which helped the Euro rise).  Asian  markets were mixed , and US Futures are unchanged at this time.

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