Friday, March 26, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now:GBP/USD

Posted: 26 Mar 2010 05:10 AM PDT

Majors’ sentiment for today

Posted: 26 Mar 2010 03:12 AM PDT

Majors’ sentiment for today:Eur/Usd: Slightly Bullish

Gbp/Usd: Bearish

Usd/Chf: Slightly Bearish

Usd/Jpy: Bullish

Eur/Gbp: Bullish

Eur/Jpy: Bullish

Gbp/Jpy: Neutral


Starting the day

Posted: 26 Mar 2010 03:02 AM PDT

Hi everyone, and welcome back! Euro kept falling Thursday, after ECB’s President Jean Claude Trichet, said that IMF help for Greece as the prime ministers summit agreed, should be “very, very bad”. Own words, that only bring more disappointment to investors. Lack of coordination between the Central Bank and the governments of the region isexposing further the currency weakness. Really hard to believe. Anyway, after a quiet Asian session, European majors are correcting yesterday’s falls, yet both Cad and Aud are approaching to daily lows against greenback; we have US GDP let’s see how it hits the market. Here is the link for today’s calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day! 


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