X-Mas break for FX Weekly Report - Previous post for Dec 14 is last until New Year
Sunday, December 14, 2008
Hi folks.
I won't be posting now until the New year. All the best for the season and have a prosperous 2009.
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About the author
Pierre Charlebois is one of Trading Post's Senior Trading Coaches and also serves as an Advisor with the GTC Group.
He has a no-nonsense technical approach and uses several disciplines including Elliott Wave Theory, Candlestick Formation and Pattern Recognition in his teaching and swing trading.
December 2008
Dollar ended week lower - Will USD weakness continue into Xmas?
Sunday, December 14, 2008
Last week I was suspect the Dollar was going to weaken some. We did the CAD and the EUR gain throughout the week. Will this now be the trend for the month? And if so, will the lagging currencies such at the GBP catch up?
USD still safe heaven - When will it break?
Sunday, December 7, 2008
We had quite an event on Friday with dismal numbers out of the US. One would normally surmise this should equate into a weaker Dollar. However the opposite is still happening. Sooner or later the Dollar should loose favour when risk appetite returns however this is not yet evident. use caution as long as the USD is caught in it's range.
