FXDD

FXDD Today: A Review of the day and preview of Monday and next weeks key economic releases and events (PDF)

Greg Michalowski — Fri, 07 Nov 2008 16:01:27 -0500

FXDD Today is a daily recap of today's forex activity and review of tomorrow. It is intended to give the retail forex trader a roadmap of the key economic releases on tap along with a graphical representation of the trend for those releases. In additon, the concise one page report will recap the movements of todays key currency pairs along with information on key Market Data that effect currency movements.

Today's report can be accessed by clicking on the following link. Thank you for choosing FXDD.

CLICK HERE FOR FXDD Today

FXDD: A word about Turbulent Markets from FXDD

Greg Michalowski — Fri, 24 Oct 2008 14:10:01 -0400

Although the financial markets are experiencing sustained turbulence and volatility, FXDD is standing fast in our commitment to our customers. Since this crisis began, we resolved to hold the line on spot spreads; in many cases our spreads have been even better than those available in the interbank market. We rely upon our institutional knowledge, our strong relationships and the deep liquidity made available to us by our global bank providers.

In addition, the credit markets have witnessed an upheaval of unprecedented proportion. This disruption in the credit markets has affected everyone, including the largest financial institutions. It has also created a liquidity crunch in the overnight rates that banks use to fund their foreign exchange positions. As a result of this uncertainty, the volatility in short term rates and a desire by banks to hoard cash, the swap rates used to calculate rollovers in the interbank market have become much wider.

FXDD Forex End of Day Report

Greg Michalowski — Thu, 23 Oct 2008 17:00:43 -0400

For an end of day summary sheet of key prices as well as a look at what is on tap for tomorrow, click on the attached PDF file below.

CLICK HERE FOR THE FXDD TODAY SUMMARY REPORT

FXDD: A word about Turbulent Markets from FXDD

Greg Michalowski — Tue, 21 Oct 2008 14:37:35 -0400

Forex News Preview: Bank of Canada Summer Review, Weekly Nat Gas Storage and Fed's Stern speaks

Greg Michalowski — Thu, 14 Aug 2008 08:22:20 -0400

10:30 AM EDT, Canada Bank of Canada Summer Review. The Bank of Canada Review is a quarterly publication featuring articles related to the economy and inflation. 10:30 AM EDT, Weekly Natural Gas Storage. Last week the release came in at 56 Billion read more

Forex Trading: EURUSD testing 200 hour MA

Greg Michalowski — Fri, 18 Jul 2008 08:12:06 -0400

The EURUSD is continuing the pattern from yesterday. The pair is testing the 200 hour MA at the 1.5822 level which is the 200 hour MA. It also is the Midpoint of the recent move up from the lows on July 7th to the high on July 15th. A break below would tilt the sentiment to the downside.

Forex News Preview: US Construction Spending due to be released at 10:00 AM EDT

Greg Michalowski — Tue, 01 Jul 2008 08:07:26 -0400

Forex Trading: USDJPY trying to bottom again

Greg Michalowski — Mon, 30 Jun 2008 08:57:00 -0400

The USDJPY sold off sharply last night moving below the 50% retracement level of the last leg up and ultimately tested the 61.8 retracement level at the 104.93 level (low 104.97) before bouncing. The pair has now made it back above the 50% level at the 105.63 level and has strung together 4 straight hourly up bars (see chart below). If the pair can remain above the 105.63 level today, the bottom may be in place. All bets are off if the pair goes below the 105.37 level.

Forex Special Report: Eurozone Inflation - It's in the Numbers

Greg Michalowski — Thu, 05 Jun 2008 21:26:27 -0400

Today, ECB's Trichet "surprised" the market with his rate hike predicition. Is it really a surprise? If you look at the numbers, it really is not.

Read the special report on the ECB's inflaton dilemma and how they will most likely have little choice but to raise rates ahead.

CLICK ON THE PDF ATTACHMENT BELOW TO READ THE FULL REPORT

Thank you for choosing FXDD.

Greg Michalowski

Chief Foreign Exchange Analyst

Forex News: Next week things heat up again after holiday trading on Monday

Greg Michalowski — Fri, 23 May 2008 15:19:27 -0400

Next week the economic data starts to heat up again.