http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-07-01.htmlPast Week's Data and Events The US currency looks to be in new trouble, as the equity indices plummet into recession and energy costs are out of control. The downside is favored this week, with the ECB expected to hike rates during a week shortened by the Independence Day on Friday, and the Fed may need to cut rates before hiking them. United States The Federal Reserve removed the odds of a rate hike to fight inflation, as the credit conditions worsen, unemployment rises and the DJIA spells itTue, 01 Jul 2008 05:56:27 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-07-01.htmlPast Week's Data and Events The US currency looks to be in new trouble, as the equity indices plummet into recession and energy costs are out of control. The downside is favored this week, with the ECB expected to hike rates during a week shortened by the Independence Day on Friday, and the Fed may need to cut rates before hiking them. United States The Federal Reserve removed the odds of a rate hike to fight inflation, as the credit conditions worsen, unemployment rises and the DJIA spells itTue, 01 Jul 2008 05:56:27 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-23.htmlPast Week's Data and Events The US currency was hit last week, and the easy explanation is that the US economy is on pretty bad shape. The economy is going to get in much worse shape, but the correlation with the dollar is not all that high. The European currencies remain in a tight trading range, while dollar/yen is stubbornly high. The dollar should indeed weaken, but getting married to your position may be dangerous to your health. United States The dollar closed the week lower amid a veryMon, 23 Jun 2008 06:21:34 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-23.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-23.htmlPast Week's Data and Events The US currency was hit last week, and the easy explanation is that the US economy is on pretty bad shape. The economy is going to get in much worse shape, but the correlation with the dollar is not all that high. The European currencies remain in a tight trading range, while dollar/yen is stubbornly high. The dollar should indeed weaken, but getting married to your position may be dangerous to your health. United States The dollar closed the week lower amid a veryMon, 23 Jun 2008 06:21:34 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-23.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-20.htmlPast Week's Data and Events The US currency mounted an aggressive rally during the past week, as the prospect of higher rates in the US, premature as it may be, awakened thoughts that the dollar was severely oversold. And dreams that the G8 meeting will somehow prop up the ailing dollar triggered some significant buying. Don’t get fooled by the fluff – the US economy remains in trouble, inflation is rampant, and we all have less money to spend unless we stop eating and driving. The dollarFri, 20 Jun 2008 06:58:50 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-20.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-20.htmlPast Week's Data and Events The US currency mounted an aggressive rally during the past week, as the prospect of higher rates in the US, premature as it may be, awakened thoughts that the dollar was severely oversold. And dreams that the G8 meeting will somehow prop up the ailing dollar triggered some significant buying. Don’t get fooled by the fluff – the US economy remains in trouble, inflation is rampant, and we all have less money to spend unless we stop eating and driving. The dollarFri, 20 Jun 2008 06:58:50 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-20.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-09.htmlPast Week's Data and Events It was a very confusing week that saw hopes for a recovery in the dollar and an end in the spiraling energy prices smashed into smithereens. Bottom line: the US economy continues to weaken, the credit risk is rising again, and the Federal Reserve opted to focus on inflation rather that on the economy. This is a lethal cocktail for the dollar. And an Israel warning that it will attack Iraq to stop it from making nukes propelled the oil price to record levels andMon, 09 Jun 2008 06:09:41 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-09.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-09.htmlPast Week's Data and Events It was a very confusing week that saw hopes for a recovery in the dollar and an end in the spiraling energy prices smashed into smithereens. Bottom line: the US economy continues to weaken, the credit risk is rising again, and the Federal Reserve opted to focus on inflation rather that on the economy. This is a lethal cocktail for the dollar. And an Israel warning that it will attack Iraq to stop it from making nukes propelled the oil price to record levels andMon, 09 Jun 2008 06:09:41 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-09.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-03.htmlPast Week's Data and Events The financial markets got a little euphoric last week, as some of the US economic data suggested that recession has been avoided so far. Hope is nice, but doesn’t have a long shelf life. The economic growth remains under pressure, but the Fed will first hike rates to fight inflation, so the recession will be extended. The dollar looked pretty last week, but this rosy picture is unlikely to last. United States The dollar rallied last week against most of the major,Tue, 03 Jun 2008 06:28:00 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-06-03.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-03.htmlPast Week's Data and Events The financial markets got a little euphoric last week, as some of the US economic data suggested that recession has been avoided so far. Hope is nice, but doesn’t have a long shelf life. The economic growth remains under pressure, but the Fed will first hike rates to fight inflation, so the recession will be extended. The dollar looked pretty last week, but this rosy picture is unlikely to last. United States The dollar rallied last week against most of the major,Tue, 03 Jun 2008 06:28:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-06-03.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-28.htmlPast Week's Data and Events Dreams that the US economy will be able to skirt recession were doused last week, when the Federal Reserve practically acknowledged stagflation. The out of control oil price will only accelerate the misery. The dollar fell last week as optimism faded, and the selling pressure should continue. United States The Federal Reserve on Wednesday slashed its 2008 US economic growth forecast and signaled that mounting concerns over inflation would make further interest rateWed, 28 May 2008 06:04:55 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-28.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-28.htmlPast Week's Data and Events Dreams that the US economy will be able to skirt recession were doused last week, when the Federal Reserve practically acknowledged stagflation. The out of control oil price will only accelerate the misery. The dollar fell last week as optimism faded, and the selling pressure should continue. United States The Federal Reserve on Wednesday slashed its 2008 US economic growth forecast and signaled that mounting concerns over inflation would make further interest rateWed, 28 May 2008 06:04:55 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-28.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-19.htmlWe have been treated to an appetizing array of strong US reports that seem to tell us that recession talk is for the wimps. But the cold fact is that consumer confidence is down, jobs are disappearing and the housing sector is a disaster. The dollar fell last week and this seems to have been the end of its recovery. The dollar should encounter more weakness this week. United States The dollar sank aggressively and comprehensively on Friday, as a series of good economic reports failed to pullMon, 19 May 2008 06:18:26 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-19.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-19.htmlWe have been treated to an appetizing array of strong US reports that seem to tell us that recession talk is for the wimps. But the cold fact is that consumer confidence is down, jobs are disappearing and the housing sector is a disaster. The dollar fell last week and this seems to have been the end of its recovery. The dollar should encounter more weakness this week. United States The dollar sank aggressively and comprehensively on Friday, as a series of good economic reports failed to pullMon, 19 May 2008 06:18:26 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-19.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-12.htmlThe dollar was all over the place last week as the euro correction ran out of steam and the appetite for risk fluctuated. Apparent weakness of the yen reversed, while weak fundamentals sapped the pound. Expect consolidation this week, with the euro seeing slightly more risk on the upside. United States The oil prices are burning holes in consumption and accelerate recession forces in the US and eventually in Europe and elsewhere. But the commodity currencies failed to take much advantage, withMon, 12 May 2008 06:22:44 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-12.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-12.htmlThe dollar was all over the place last week as the euro correction ran out of steam and the appetite for risk fluctuated. Apparent weakness of the yen reversed, while weak fundamentals sapped the pound. Expect consolidation this week, with the euro seeing slightly more risk on the upside. United States The oil prices are burning holes in consumption and accelerate recession forces in the US and eventually in Europe and elsewhere. But the commodity currencies failed to take much advantage, withMon, 12 May 2008 06:22:44 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-12.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-05.htmlThe dollar put on a good performance last week in line with the stock indices on liquidation of long-term short positions, and on relief that the worst of the credit crunch and of the financial crisis is over. That’s nice, only that the recession is in its budding stages. That on its own doesn’t mean the US currency has to decline, but expect more shocks, as consumer confidence/spending will only worsen. Watch out for some more short term strength for the dollar. United States We had someMon, 05 May 2008 06:34:08 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-05-05.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-05.htmlThe dollar put on a good performance last week in line with the stock indices on liquidation of long-term short positions, and on relief that the worst of the credit crunch and of the financial crisis is over. That’s nice, only that the recession is in its budding stages. That on its own doesn’t mean the US currency has to decline, but expect more shocks, as consumer confidence/spending will only worsen. Watch out for some more short term strength for the dollar. United States We had someMon, 05 May 2008 06:34:08 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-05-05.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-28.htmlThe dollar made some spectacular gains last week primarily on relief/hope that the worst of the subprime disaster is over. Maybe. But recession is looking us in the eye and while the dollar doesn’t do all that bad during these periods, it is premature to call the end of its long-term downtrend. This week could prove crucial for new-found strength of the dollar and weakness is likely early in the week. United States The equity markets look good here, and the dollar mounted a dramatic recoveryMon, 28 Apr 2008 06:13:23 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-28.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-28.htmlThe dollar made some spectacular gains last week primarily on relief/hope that the worst of the subprime disaster is over. Maybe. But recession is looking us in the eye and while the dollar doesn’t do all that bad during these periods, it is premature to call the end of its long-term downtrend. This week could prove crucial for new-found strength of the dollar and weakness is likely early in the week. United States The equity markets look good here, and the dollar mounted a dramatic recoveryMon, 28 Apr 2008 06:13:23 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-28.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-22.htmlPast Week's Data and Events The dollar is trying to regain its footing amid (new) hopes the worst of the US financial disaster is over. That’s premature. The US currency is oversold and some significant retracement is likely. But buy it only on a confirmation. United States Bad earnings were ignored and the good ones loved (have you seen Google?) and there are budding hopes for the end of the financial nightmare. But the recession is under way, and the housing sector will be contacting longer.Tue, 22 Apr 2008 06:55:34 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-22.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-22.htmlPast Week's Data and Events The dollar is trying to regain its footing amid (new) hopes the worst of the US financial disaster is over. That’s premature. The US currency is oversold and some significant retracement is likely. But buy it only on a confirmation. United States Bad earnings were ignored and the good ones loved (have you seen Google?) and there are budding hopes for the end of the financial nightmare. But the recession is under way, and the housing sector will be contacting longer.Tue, 22 Apr 2008 06:55:34 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-22.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-14.htmlThe dollar made little progress during the past week, while the appetite for risk changed from day to day. Only the pound made a discernable move, sinking across the board amid UK housing prices and the tacit OK from the government. The dollar remains weak and there is little hope to look for a sustained recovery while the oil flies through the sky. The dollar should trade all over the place and focus should be on the pound and yen crosses. United States The oil is surging and the US equityMon, 14 Apr 2008 06:33:25 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-14.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-14.htmlThe dollar made little progress during the past week, while the appetite for risk changed from day to day. Only the pound made a discernable move, sinking across the board amid UK housing prices and the tacit OK from the government. The dollar remains weak and there is little hope to look for a sustained recovery while the oil flies through the sky. The dollar should trade all over the place and focus should be on the pound and yen crosses. United States The oil is surging and the US equityMon, 14 Apr 2008 06:33:25 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-14.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-07.htmlA boost of premature confidence entered the market last week and the newly found appetite for risk vaulted the carry trades. The commodity currencies rallied, the yen weakened unexpectedly, while the European currencies basically consolidated. The dollar remains in a major downtrend, but trading should remain choppy and the short term bias is up. United States There is little doubt the US economy is in a recession, so what left is for the talking heads to debate the end of it – like they know.Mon, 07 Apr 2008 06:27:27 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-04-07.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-07.htmlA boost of premature confidence entered the market last week and the newly found appetite for risk vaulted the carry trades. The commodity currencies rallied, the yen weakened unexpectedly, while the European currencies basically consolidated. The dollar remains in a major downtrend, but trading should remain choppy and the short term bias is up. United States There is little doubt the US economy is in a recession, so what left is for the talking heads to debate the end of it – like they know.Mon, 07 Apr 2008 06:27:27 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-04-07.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-31.htmlUnclear – this is the message to take with you going into the second quarter. The shock of Bear Stearns disappearance into JP Morgan Chase is gone (unless you worked for Bear) and all eyes are now on Lehman and Oppenheimer. Foreign exchange is mixed in very choppy trading and anything except intraday jabbing could prove dangerous to your health. The dollar should remain under pressure, but it’s already so weak that its decline is not so easy to melt further. United States The dollar was allMon, 31 Mar 2008 06:10:32 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-31.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-31.htmlUnclear – this is the message to take with you going into the second quarter. The shock of Bear Stearns disappearance into JP Morgan Chase is gone (unless you worked for Bear) and all eyes are now on Lehman and Oppenheimer. Foreign exchange is mixed in very choppy trading and anything except intraday jabbing could prove dangerous to your health. The dollar should remain under pressure, but it’s already so weak that its decline is not so easy to melt further. United States The dollar was allMon, 31 Mar 2008 06:10:32 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-31.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-24.htmlForeign exchange encountered one of the most volatile periods in a while during last week. The aggressive recovery of the US currency took no prisoners, but the pause for Easter is jeopardizing the move. The dollar must extend its upmove quickly, or the recovery will end and the major downtrend will resume. United States The dollar has been deeply entrenched in a long-term downtrend and the near collapse of Bear Stearns sent the currency even lower early last Monday. The Federal Reserve cutMon, 24 Mar 2008 06:46:17 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-24.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-24.htmlForeign exchange encountered one of the most volatile periods in a while during last week. The aggressive recovery of the US currency took no prisoners, but the pause for Easter is jeopardizing the move. The dollar must extend its upmove quickly, or the recovery will end and the major downtrend will resume. United States The dollar has been deeply entrenched in a long-term downtrend and the near collapse of Bear Stearns sent the currency even lower early last Monday. The Federal Reserve cutMon, 24 Mar 2008 06:46:17 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-24.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-17.htmlThe dollar has been rolling out of control for weeks amid record breaking prices in oil and gold, and amid top disastrous conditions for top financial names in the industry. Who will be next this week? The Federal Reserve will cut rates by a minimum of 75 basis points on Tuesday, but this will not stop the bleeding. We are living in interesting times, my friends, and they are only starting – this will be the mother of all recessions, as the previous ones will look like 50’s rock’n roll softiesMon, 17 Mar 2008 06:29:36 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-17.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-17.htmlThe dollar has been rolling out of control for weeks amid record breaking prices in oil and gold, and amid top disastrous conditions for top financial names in the industry. Who will be next this week? The Federal Reserve will cut rates by a minimum of 75 basis points on Tuesday, but this will not stop the bleeding. We are living in interesting times, my friends, and they are only starting – this will be the mother of all recessions, as the previous ones will look like 50’s rock’n roll softiesMon, 17 Mar 2008 06:29:36 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-17.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-04.htmlPast Week's Data and Events The dollar fell off its bed last night after Federal Reserve Chairman Bernanke practically gave the green light to further sales, and the weight of the soft US economic data didn’t help any. Credit is still tight and leading financial names continue to bleed billions by the day. With the appetite for risk swerving wildly, carry trades are toxic, as the end of last week showed. The low yielding currencies should outperform the high yielding ones and cross tradingTue, 04 Mar 2008 06:08:28 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-03-04.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-04.htmlPast Week's Data and Events The dollar fell off its bed last night after Federal Reserve Chairman Bernanke practically gave the green light to further sales, and the weight of the soft US economic data didn’t help any. Credit is still tight and leading financial names continue to bleed billions by the day. With the appetite for risk swerving wildly, carry trades are toxic, as the end of last week showed. The low yielding currencies should outperform the high yielding ones and cross tradingTue, 04 Mar 2008 06:08:28 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-03-04.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-25.htmlThe disaster of the subprime crisis is far from being fixed and is dragging us in a recession that will likely be significant. But, as I wrote in previous reports, Washington is really working hard on smoothing out our predicament. As of the time of this writing, a solution seems to be in the works for one of the key monolines. That’s a big step, mind you. While the economy is in a tightening corner and the financial and housing sectors are toast, things are not as bad – but a bad attitude canMon, 25 Feb 2008 07:48:47 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-25.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-25.htmlThe disaster of the subprime crisis is far from being fixed and is dragging us in a recession that will likely be significant. But, as I wrote in previous reports, Washington is really working hard on smoothing out our predicament. As of the time of this writing, a solution seems to be in the works for one of the key monolines. That’s a big step, mind you. While the economy is in a tightening corner and the financial and housing sectors are toast, things are not as bad – but a bad attitude canMon, 25 Feb 2008 07:48:47 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-25.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-18.htmlProblems are piling up on the US economy and the recession can be avoided in word, but not in deed. But the stock markets, with or without artificial help, held its own, and so did the dollar. Expect further choppy trading during this short week, but the odds the dollar should attempt to advance, as the bad news is priced in. United States The dollar was all over the place last week, but basically was stuck in inside ranges. The bill for the excesses of this young millennium is coming like aMon, 18 Feb 2008 07:22:56 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-18.htmlProblems are piling up on the US economy and the recession can be avoided in word, but not in deed. But the stock markets, with or without artificial help, held its own, and so did the dollar. Expect further choppy trading during this short week, but the odds the dollar should attempt to advance, as the bad news is priced in. United States The dollar was all over the place last week, but basically was stuck in inside ranges. The bill for the excesses of this young millennium is coming like aMon, 18 Feb 2008 07:22:56 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-18.htmlhttp://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-11.htmlThe dollar managed to hold its own despite piling proof that the US economy is slipping its recession. The market has priced in rate cuts in both the US and the UK and even the inflation-minded ECB may come to its senses and reduce borrowing costs in an attempt to slow a worldwide recession. Risk adversity is increasing and the antipodean currencies are at risk versus the yen. If the US equity markets can struggle higher, with or without artificial support, the US currency will also doMon, 11 Feb 2008 07:14:35 GMThttp://www.fxstreet.com/fundamental/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/fundamental/market-view/weekly-forex-market-commentary/2008-02-11.htmlhttp://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-11.htmlThe dollar managed to hold its own despite piling proof that the US economy is slipping its recession. The market has priced in rate cuts in both the US and the UK and even the inflation-minded ECB may come to its senses and reduce borrowing costs in an attempt to slow a worldwide recession. Risk adversity is increasing and the antipodean currencies are at risk versus the yen. If the US equity markets can struggle higher, with or without artificial support, the US currency will also doMon, 11 Feb 2008 07:14:35 GMThttp://www.fxstreet.com/technical/market-view/info@gftforex.com (Global Forex Trading)http://www.fxstreet.com/technical/market-view/weekly-forex-market-commentary/2008-02-11.html