Get Adobe Flash player

You are currently browsing the Forex Blog – Trading on Foreign Exchange Market weblog archives for the day Monday, August 20th, 2012.

Breaking News

Little More than a Rumor to Trade on

larrygreenberg @ August 20, 2012 # Comments Off

Today’s calendar of data releases is pretty bare.  The main piece of news is a report in the German press that the ECB may consider limits for peripheral minus German bond spreads. New macroeconomic forecasts will be unveiled after the Septe…

More on page 10102

Daily Forex Analysis – August 20, 2012

ForexCycle.com @ August 20, 2012 # Comments Off

USDCAD Analysis. USDCAD remains in downtrend from 1.0083, the rise from 0.9859 is treated as consolidation of the downtrend. Resistance is now at 0.9930, as long as this level holds, we’d expect downtrend to resume, and another fall towards 0.980…

More on page 10101