Forex Bull

Making a living in the forex trading market can be very profitable but at times stressful. The trick is to keep the perfect balance that will allow you stay sharp, make money and not go insane

Risk sentiment dominated the markets last week; and it will no doubt do so again next week. This is a promising trend for Japanese yen traders who are looking for volatility – and nail-biting for those that await a lasting trend.

Next week, there are a top-tier economic indicators scheduled for release; but among them only the European Central Bank?s rate decision has the potential to fundamentally redefine its currency?s trend.

US Dollar Outlook Unfazed by Worst Economic Contraction Since 1982 Euro On The Edge Ahead Of Pivotal ECB Rate Decision Japanese Yen May Finally Break From Its Range As Risk Trends Swell British Pound Outlook Hinges on BOE Rate Decision, Policy Statement Swiss Franc Looks For Direction From Safety Flows, Data Canadian Dollar Holds Up Despite Dismal US Economic Data Australian Dollar Likely to Fall on Economic Data, Risk Aversion New Zealand Dollar To Weaken Further As Growth, Labor Deteriorate

Investor sentiment is on the verge of another collapse just as efforts to stabilize economic growth and financial markets have been ramped up. Can global policy officials revive investor and lender confidence before the cumulative pessimism behind underlying fundamental trends picks a direction for the us?

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week?s trade.

News of the worst US economic contraction in 26 years was not enough to keep the dollar at bay, as the US currency posted gains against the euro and other major counterparts to end the week?s trade.

The Australian Dollar faces a triple threat next week as a heavy load of negative economic data and renewed flight from risky assets combine with bearish technical positioning to put downward pressure on the exchange rate.

Posted By: Yolaiki Gonzalez   |   Giovanny Moreano   |   Ariel Nelson For the week and month ending Friday, January 30, 2008, all major US indexes ended in negative territory. Bank stocks helped drive gains on Wednesday after hopes that a government-sponsored plan for a “bad bank” would absorb toxic debt from financial institutions    Read More Topics: Earnings | Economy (Global) | Economy (U.S.) | Gold & Precious Metals | Agriculture | Yen | Currencies | Dow Jones Industrial Average | Nasdaq | euro | Commodities | Stock Market Sectors: Oil and Gas Companies: Kraft Foods Inc.

The British pound was the strongest of all the majors last week, as the currency trades in a highly speculative manner and attempts to recoup the massive losses accumulated between October 2008 and January 2009.