After falling back towards the 88.00/30 strong support area, pair is back gaining ground as Wall…

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 88.30

Last Update At 14 Jul 2010…

China’s fixed-asset investment in urban areas rose 25.5% in the first half from a year earlier,…

China’s consumer price index (CPI), a main gauge of inflation, grew 2.9 percent in June, according…

Good day my forex friends! Back in July 8, I asked if the euro’s rise against the greenback would be short lived since it was, at that time, approaching a significant resistance at the EURUSD‘s long term downtrend line (kindly see my previous entry here). Apparently, its breakout from an inverted …

US equity markets took a breather. After six consecutive up days, the S&P500 looked tired and started to decline even before data releases and the FOMC. US retail sales failed to inspire. The FOMC minutes said the economic outlook had softened, and revised down near term forecasts on growth and

The Chinese economy grew at a 11.1% pace in the second quarter, as economists had anticipated. The…

Consumer expectations for price movements fell moderately in July, although forecasts for inflation…

The dollar traded mostly lower against its counterparts on Wednesday. US retail sales declined for a second month. The Federal Reserve, while seeing the risks to US economic growth, saw no need to increase stimulus. ‘The economic outlook had softened somewhat and a number of members saw the risks to

Major currencies mostly consolidated in ranges today after strong gains in prior sessions. The macroeconomic picture gave the markets a dose of reality and earnings-driven euphoria halted as U.S. equities ended the day relatively flat. It was lucky number 7 for the Dow Jones as it closed marginally higher, up