Friday, Dec 05, 15:54 GMT
FOREX INFORMER
The Week Ahead
Rate cuts approved might be not enough
The week we leave behind we have seen historic movements, starting for the ECB and BoE's interest rate decisions, the Bank of England has slashed its Bank Rate by 100 basis points to 2%. Interest rate have never been lower than 2% since the Bank was created in 1694, the last time rates were this low was in 1939. European Central Bank has cut its Repo Rate by 75 basis points, instead of the 50 bp expected, to 2.5%.
Interest rate cuts have not been enough to restore confidence in the markets and currencies continued in the tren they were, Dollar and Yen, as safe havens have continued strengthening while The Pound reaches the lowest levels in years against all majors.
To end the week US non−farm payrolls have posted a huge slump in November, −533K instead of the −320 expected, well above a million of workers have lost the jobs in the last three months in the United States, a clear signal that the US is entering a deep and long recession period. In order to boost fast deteriorating economy, the Federal Reserve could approve another rate cut and leave interest rates at the lowest levels in the last 50 years. Interesting times ahead.
Friday Notes - Let's talk about US deflation by HVB Group
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Forex Forum
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- NFA Forex Dealer Dead Pool: The news about the NFA shaking up the forex industry by dramatically raising capital requirements has kicked off a lot of speculation.
- The Bear Market is Over: Stocks are again surging today and it now appears the bear market is over. We can all rest assured that by the end of the year we will look back at today and, in confidence, state to ourselves that this was a marvelous time to buy...
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Editor's Pick
New Europe Weekly - The fiscal policy dilemma by Danske Bank A/S
Fri, Dec 5 2008, 15:21 GMT
Spot Forex Trades - Resumption of EURCAD Uptrend by ForexSurvivor
Fri, Dec 5 2008, 14:53 GMT
Market Session Recaps - Asia Session by FOREX.com
Fri, Dec 5 2008, 12:03 GMT
Market Comment - Guidelines For a Market Bottom by Comstock Partners Inc.
Fri, Dec 5 2008, 11:42 GMT
Live Sessions Schedule
Longer−term Support and Resistance Trading: Setups and Rules
Expert: Rob Booker
Start: Tue, Dec 9, 17:00 GMT
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Dec 10, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Dec 8, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN |  |
| Mon, Dec 8, 14:00 GMT | Year end Fundamental Review  | Adam Rosen | WBN |  |
| Mon, Dec 8, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Dec 8, 16:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Mark Whistler | WBN | |
| Mon, Dec 8, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Dec 9, 12:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
New Contributors on FXstreet.com
Currency on the Day - EUR/USD by Forex−Trends.com
Fri, Dec 5 2008, 09:24 GMT
Daily Video Recap - ECB and BOE Cut Rates in Attempt to Support Economies, Euro Strengthens by CMS Forex
Fri, Dec 5 2008, 08:20 GMT
FX Levels for Today - FX Levels for Today December 5, 2008 by Top Trader Thinking
Fri, Dec 5 2008, 02:16 GMT
Market Opinion - Markets volatile as the big 3 automakers CEO's meet on Capitol Hill. by ForexAmericas
Fri, Dec 5 2008, 00:15 GMT
Live Daily Broadcast - Today's Live Show by AllThingsForex
Thu, Dec 4 2008, 17:54 GMT
Top 5 Most Viewed Reports
Mid−Day Forex Technical Report − Risk Aversion to Dominate after Exceptionally Poor Job Report from US and Canada by ActionForex.com
Fri, Dec 5 2008, 13:52 GMT
Today's Technical Trading Points by Danske Bank A/S
Fri, Dec 5 2008, 07:57 GMT
Daily Recommended Trades - Daily Technical Outlook − Friday 12.05.2008 by E−Forex
Fri, Dec 5 2008, 07:45 GMT
The Daily Forecaster by FX−Forecaster.com
Fri, Dec 5 2008, 03:31 GMT
Daily Technical Strategist - EURUSD: Retarget Of The 1.2330 Level Continues To Dominate by FXTechstrategy
Thu, Dec 4 2008, 12:14 GMT
Press Releases
Free $50 to Open FXCM Micro Forex Trading Account
FXCM Micro (www.forexmicrolot.com), the discount brokerage division of FXCM, announced today that it will be offering forex traders who currently trade with a different forex firm free $50 accounts to try FXCM Micro.
FXDD: Customer Appreciation Bonus Program
If you've been waiting to open a live trading account, now is the time! FXDD has an incredible limited−time offer for all new customers: Open a live FXDD trading account between November 25 and December 25, 2008, and receive a $100 instant credit – regardless of when (or whether) you fund your new account.