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EUR/GBP: Headed to 90 Cents?
EUR/GBP hit a record high of 0.8740 today. The currency pair has been on a tear, which is not much of a surprise given the Bank of England’s aggressive interest rate cuts. The European Central Bank has...
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Explosion in Forex Trading Ranges
Forex trading ranges have exploded over the past few months. The daily average trading range has doubled for all of the actively traded currency pairs in 2008, with some currency pairs even seeing a...
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Euro: Headed for 1.35?
Hawkish comments from ECB member Weber is driving the EUR/USD through the roof. The currency pair is up close to 2.5 percent or more than 300 pips. After cutting interest rates by 75bp earlier this...
View ArticleRetail Sales and PPI Still Stink
US retail sales and producer prices were basically in line with expectations but that does not undermine the fact that the data was very weak and confirms that the Federal Reserve will be cutting...
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EUR/GBP Hits 0.90….Almost
As you know, I have been very bullish EUR/GBP this week. On Monday, I showed you this chart of EUR/GBP and told you that is headed for 90 cents from 87 cents and today it has pretty much reached that...
View Article2009 British Pound GBP/USD Forecast
Update – 5 Reasons Why the British Pound is Being Pounded – Access my latest article Feb 28, 2010 http://www.kathylien.com/site/british-pound/british-pound-5-reasons-why-the-pound-is-being-pounded How...
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