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Daily Forex Commentary

FX Commentary EUR/USD December 21, 2011

Well it looks as though the Santa rally is on! Yesterday I was sceptical of a rise mainly being caused by a short covering scenario. However a 300+ point rally

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EUR/USD Holiday Rally Commentary – December 20, 2011

Hi all. Well so much for the Santa Clause rally everyone was hoping for. I guess there is still 5 days left until Christmas but things are not looking good

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Forex Weekly Recap EUR/USD – December 19, 2011

After the latest emergency summit the EUR/USD tumbled as traders didnt buy the success of the deal at all this time. The 400 pip drop on Monday and Tuesday confirms

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EUR/USD FX Trading Commentary – December 14, 2011

Hi all. Todays news events were somewhat muted. there was a rumor of S&P downgrading France that never happened. the rumor did make the euro surge lower but didnt have

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EUR/USD Forex Commentary – December 13, 2011

Hi all. The euro acted as expected yesterday. I did have my timing a bit off and was stopped out

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Forex Day Trading Commentary EUR/USD December 12, 2011

I was obviously wrong about any optimism concerning the EZ summit. It seems just as the US market didnt buy

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EUR/USD Forex Weekly Recap – December 11, 2011

As for the week ending Dec 9th. I was a bit surprised by the run up late in the day on Friday given the fact that most of the news during the week was euro negative considering the big “plan to have a plan” to fix the crisis. Although there was some positives from Germany on services PMI, factory orders and Industrial production. The fact that Germany alone cant bail out Europe doesn’t change.

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