forex trading tips and tricks

- British Pound Declines Could Continue as UK CPI is Forecasted to Drop by Most in 7 Years
- Euro Falls Sharply as S&P Downgrades Spain’s Credit Rating, European Commission Forecasts Sharp Drop in Growth in 2009
- Canadian Dollar Outlook Depends Not on Bank of Canada’s Rate Decision, but Press Release Policy Bias

There are few fundamental themes that are so prominent that they can determine price action for the entire currency market; but one of those few happen to be risk appetite. However, with correlations wearing down and technicals filling out, a USDJPY range may represent a source of temporary stability for range traders.

US dollar and Japanese yen have been so strong, why the New Zealand dollar tumbled at the end of the US trading session, and which pieces of event risk may impact the British pound and Canadian dollar