Archive for September, 2009

September 26th, 2009 This week our traders focused on the EUR/USD and GBP/USD pairs. Beginning the week, the Euro climbed its way in strength to reach a one-year high of 1.4843 against the U.S. Dollar. This rally ended on...View Property September 14th, 2009 The GBP/USD has been in a consistent range for over a month now while reaching tops and bottoms on a consistent basis. At the beginning of the week, the Cable found itself struggling against range resistance...View Property September 12th, 2009 The GBP/USD and EUR/USD rallied after a short sell-off at the beginning of the week in which we took profit at the most opportune times. The Bank of England (BOE) Monetary Policy Committee kept their interest...View Property September 5th, 2009 Non-Farm Payroll (NFP) week, being the first week of each month, as always, is a quiet consolidating week. This week consolidated in a range of roughly 368 pips in the GBP/USD pair with typical volatile behavior...View Property