Forexpros.com Daily Analysis - 08/06/2010

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ForexPros Daily Analysis June 8, 2010


Free webinar on ForexPros - Profit in Any Market Environment with Forex Options

Expert: Kris Matthews
When: Today, June 8, 2010, 10:00 a.m. EST

In this webinar, Kris Matthews of Paradigm Macro Trading and coauthor of the book, "Trading the Forex Market with Options," will teach traders how to trade Forex options profitably and limit risk. If you have issues with making sense of the "randomness" of price action, often get stopped out when the market turns, and are looking for a way to spend less time trading but still would like to earn profits in any type of market, this webinar is for you.

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Fundamental Analysis: Fed Chairman Bernanke Speaks

Traders of the US look forward to the Fed Chairman Bernanke Speech tomorrow June 9. The Fed Governor Ben Shalom Bernanke was born in 1953. He graduated from Harvard University and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology. In 2006 he became the Chairman of the Federal Reserve System. His comments may determine a short-term positive or negative trend.

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Euro Dollar

With astonishing accuracy, the Euro