Currency Trading Market Conditions Remain Challenging: Breakout Strategies Prove Profitable

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December 1, 2008

Sharp US Dollar gains have produced profits in several of our currency trading strategies on the week, and a continuation of US Dollar strength would make…
Related PostsPound Drops As Manufacturing Activity Falls To Lowest Level In 16 YearsThe Pound fell over 200 bps during the overnight trading sessions on declining interest rate expecta…Canadian Dollar May Begin Strengthening (USDCAD Bearish)The euro / dollar remains in a range. Until this range is broken, there is little confidence in USD …AUD/USD: Trading the Reserve Bank of Australia’s Rate DecisionThe Reserve Bank of Australia is widely expected to lower the benchmark interest rate to 4.50% from …ECB, BoE to Ease Policy Further as Fundamentals DeteriorateKathy Lien on Fox Business this Week!

Original post by strategist@dailyfx.com (David Rodriguez, Quantitative Analyst)

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