Forex Bull

US Dollar Bound to See Weak ISM, NFP Results – What Impact Will They Have? Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut Japanese Yen May Fall As Seasonal Forces Grip the Forex Market British Pound Forecast Bearish Ahead of Bank of England Cuts Canadian Dollar May Fall As Labor Market Weakens

A steady stream of disappointing economic data added further gloom to British economic forecasts, and the general mood remains dour for the British Pound. Second revisions to Gross Domestic Product figures confirmed that the domestic economy finds itself in its worst slowdown since 1990-1991, and formal announcements of a fiscal stimulus package hardly boosted outlook for bearish economic trends.

The Canadian Dollar fought back against the greenback as the bailout of Citigroup and new efforts by the Fed to support consumer lending gave a boost to the carry trade.

Forex traders may see the Japanese Yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.

The euro is at a cross roads and the US dollar is a perfect fundamental and technical counterpart for the single currency. Risk trends, growth, interest rates and bailout efforts between these two economic superpowers will soon redefine the long-term trend of the Forex market?s most liquid currency pair.

The US dollar generally ended the week lower across the majors, but lacked the momentum to yield the breakouts expected amidst the low volume trading typical of US market holidays.

- Euro Outlook Hinges Upon Key European Central Bank Rate Decision on December 4 – British Pound Under Pressure as Markets Forecast 100bp Cut by the Bank of England Next Week

Greenback holds out agains the euro in forex trading The U.S. dollar is retaining its support in currency trading on the FX market this morning, thanks to pledges by the government to continue on the bailout track

Euro zone stimulus announcement can’t save euro The euro zone stimulus package does not appear to be helping much right now in terms of the euro in forex trading.

Holiday levity for the end of the week Here is a fun Thanksgiving trading pattern. A little more fun for the end of the week