The Advisor Weblog

Posted: 05 Nov 2010 04:16 AM PDT

Pair is struggling with a key support, quite interesting levels right now. Wait for further confirmations, yet here is my first choice for today:

http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2010-11-05.html

Starting the day

Posted: 05 Nov 2010 04:13 AM PDT

Hi everyone and welcome back! Friday, payrolls, sovereign debt, FED, QE, indeed, a more than interesting week in the forex market. We are again fighting the battle of the less weak; ok, dollar is the weakest right now yes, but not that the rest of the economies are showing skyrocketing growth (except Australia maybe?) Anyway, BOJ held off on easing policy past Asian session, while the sovereign debt woes hit euro zone again, with spreads in between German and Irish bonds widdening again to records. We have just seen Canada payrolls, quite disappointing, anticipating maybe US ones will also be downwards. Anyway, I will be covering live, the release of the news, at Fxstreet.com home page.

Here is the link for todays' calendar:

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

Have a great day!