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Economic News

Good News for Softbank: Dish Abandons Sprint Bid

Posted by on Jun 19, 2013

Dish Network Corp said it would not make a new offer to buy Sprint Nextel and will instead focus on Clearwire Corp.

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Forex News

The Federal Reserve’s Exit Strategy: How Will It Unfold?

Posted by on Jun 13, 2013

Quantitative easing (QE) has been one of the most controversial aspects of the Federal Reserve's strategy to support the U.S. economic recovery. The aggressive pace of asset...

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Fundamental Analysis

Japanese Merchandise Trade Deficit Surged In May

Posted by on Jun 19, 2013

Merchandise trade balance total in Japan recorded a narrowed deficit in May, where Japanese yen supported the nation's trade balance amid the recent global instability, adding that...

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Technical Analysis

Foreign Exchange Market Commentary

Posted by on Jun 19, 2013

The EURO closed higher on Tuesday and the highrange close sets the stage for a steady o higher opening when Wednesday's night session begins trading. Stochastics and the RSI remain...

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Recent Posts

Scouting out the next move for USD. Watching USDCAD.

Scouting out the next move for USD.  Watching USDCAD.

Jun 2, 2013

  It’s been 40 days since I posted my last blog entry.    Since then I have had two really nice swings.  The GBPUSD played out picture perfect for me and I took a nice profit.  I also got in on the majority of the AUDUSD short over the past month.  The US Dollar has had a great run but it’s at a level where I want to start preparing for the next move.  I...

UvaKail123’s first blog. Swinging, USDX and the GBPUSD.

UvaKail123’s first blog.  Swinging, USDX and the GBPUSD.

Apr 23, 2013

First of all I’d like to say it’s a pleasure to be blogging for IRCForex.com.  I have been a member of the IrcForex community for a several years now and it has without a doubt accelerated my learning curve as a trader.  If you are a trader looking for an active group of forex traders to bounce ideas off of and learn from please don’t hesitate to join us.  We...

New Forex Contest

New Forex Contest

Apr 22, 2013

A new trading contest has been announced. Contest starts May 5, 2013 and will run until June 1, 2013: click here to sign up. You can use an existing Oanda demo account or sign up for new one here and then go back to the contest page. Please join us in the chat room to discuss the contest and anything Forex. There are no prizes, just bragging...