By Jerry Furst - Sr Analyst “1st on Forex” at Investors Education Network .com Mid Week Review As we await Interest Rates from the ECB and the UK. The fools on the hill continue to entertain us with their multi-trillion dollar show… The Cast of Characters: The President, The Fed Ch...

Good News and Signs Emerge The US Consumer is feeling more optimistic, and the President Elect continues to show he is working hard at putting together his team to address the US and World economic situation. The Currencies React At 8:30 the news hit the charts that the US GDP came in at the consen...

If You Can’t Say Anything Good - Keep Your Mouth Shut!   Last week I was invited to the Federal Reserve in Miami for Dinner and a Seminar, The Filet was excellent! The subject matter made me uneasy as I came to realize that there is a bit of a disconnect between the realities on the ground a...

Currency Without a Nation   Fundamentally - Political uncertainty can undermine a nations currency. The Euro is in a unique and interesting situation that may cause some currency volatility as the European Union itself is being reopened to debate. Will the Euro stay in the current consolidation...

Euro Poised at Support - Will It Hold? Click to Enlarge Chart   No "Plan C" for the EU So it all comes down to Ireland today as there is no "Plan C" to the Lisbon Treaty. But if the 27 nation bloc fails - it will not be because of one tiny Ireland. The Dutch and French said no to the previous t...

Read my post of January 8 – As at that time two months ago we were awaiting Interest rate announcements from across the pond. Since then the UK has lowered rates a .25% to 5.25% and Trichet and the ECB has held rates steady at 4.0% - But the key point here is that at that time – it became appare...

The Three Wise Men Spoke The True Issues But Did Anyone Hear Them? US Treasury Secretary Paulson, FOMC Chairman Ben Bernanke, and SEC Commissioner Cox took to the hot seat in front of congress Thursday January 14th - but there was no love on Valentines Day for these three scape goats for a financial...

The equity markets sold off hard Tuesday and the non mfg ISM became the  goat of the day. My car radio blasted the financial news while I was taking care of last minute preparations for attending the World Money Show in Orlando. So now Joe and Jane public are being explained what the ISM non-mf...

Lots on the Calendar and Lots on the Line! and the TV too... A full week of scheduled economic events kicks off the first full week of 2008. Store Sales, Pending Home Sales, Consumer Credit, Trade Reports, Import Export Prices all have plenty of weight to push the charts around. Don't worry about so...

Does your broker display a message similar to the one above? Charts Show Narrow But Active New Years Day Trading Range   Even though New Years Day is the quietest of all market times, the currency markets are still moving as someone is always exchanging money somewhere.   Euro Posts 160 Pi...