The Advisor Weblog |
| Best pair to trade now: GBP/USD Posted: 10 Jan 2011 04:02 AM PST Here is my first choice for today: http://www.fxstreet.com/technical/forex-strategy/the-best-pair-to-trade-now/2011/01/10/02/
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| Posted: 10 Jan 2011 04:00 AM PST Hi everyone and welcome back! Another week that begins with dollar heading higher across the board, as stocks and commodities lose ground. However, as we have seen over the past few days, Euro weakness leaders the board, while Pound still trades in past 4 weeks range, lacking a clear direction. Early data however, is also discouraging with Halifax price index down in the UK and Investors confidence falling in the euro zone. In a few minutes Jean Claude Trichet will be giving a speech, so I will post EUR/USD technical view right after that. Here is the link for today’s calendar: http://www.fxstreet.com/fundamental/economic-calendar/ Have a great day!
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