Have Foreclosures Hit an Extreme? As traders we know that when Main Street latches onto something, it usually means the top. Growing foreclosures have been one of the biggest concerns of Wall Street and with real estate brokerages now giving Foreclosure Bus Tours, ... Go to Full Article

Could Citi’s Deal Signal a Turnaround? During this credit crunch, many banks have been looking to offload loans but there have been few takers. Citigroup (C: 23.84 +0.08 +0.34%) however, seems to be close to a deal to offload $12.5 billion in leveraged loans. ... Go to Full Article

Boeing Down, Circuit City Up US plane manufacturer Boeing (BA: 79.03 +4.01 +5.35%) announced a delay in its first 787 Dreamliner delivery to Japan’s All Nippon Airways, saying that would take place in the third quarter of next year, as opposed to its previous ... Go to Full Article

Daily Market Analysis - ForexPros - 09/04/08 Overnight Asia/Europe • USD two-sided in range bound trade • Overnight news thin but important • BOJ holds rates steady as expected. Today’s Economic Reports. • None of note in the US. Looking Ahead. • 7:30 Am CDT Thursday Balance of ......

Forex Trading - GBP/USD big day ahead for BOE rate announcement Market expecting 25 bp cut in the UK Thursday (7am NYC) Moving rates to 5% FROM 5.25% Go to Full Article

Forex News: Wholesale Sales increase 1.1% and sales decline 0.8% This is worse than expectations. The combination of higher inventories and lower sales increases the stockpile of goods to 1.12 month supply up from a revised 1.10 months. This is still near low levels. Go to Full Article

Forex News: Preview for Wholesale Sales due at 10:00 AM read more. Go to Full Article

Forex News: Bernanke speaking but does not comment on the economy ... This is as expected. Later in the day (1:30 PM NYT) Dallas Fed President Fisher speaks. He is a voting member and his comments are expected to be on the economy. At 10;00 the US Wholesale Sales data will be released. Go...

Forex News: IMF comments on wires move the market IMF in a report says that they see a 25% chance of a global recession and the US was likely to enter mild recession in 2008. read more. Go to Full Article

Forex Trading; GBPJPY held 50% overnight. Now approaches support The GBPJPY held the 50% support level last night (200.96) and bounced (see chart above). Now it is retracing some of the gain and heading toward support at the 201.65-75. Go to Full Article

Bobby's Corner-Market Open 4.8.2008 Wed. April 9, 2008. Good Morning:. The markets were fairly stable in overnight trading. Markets are awaiting Thursday’s interest rate decision by both the ECB and the BOE. The ECB is expected to leave rates unchanged. ... Go to Full Article

Currency Markets Wait For Rate Decisions The forex markets have been in a standstill on Wednesday: events like the FOMC minutes from the Fed’s March 18 meeting didn’t inspire trading outside of the range we have been seeing the past few days. The Fed officials admitted that ... Go to...

In the Financial Papers: Today’s Top Forex News 04.09.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 10:11 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: US Mall Owners Feel...

Australian Dollar Technical Outlook There is no change to the count that we outlined yesterday. "We are treating the decline from .9470 (which was a truncation) as a series of 1st and 2nd... Go to Full Article

Dollar / Yen: Look for a Top Near 104 Expect USD strength for the next few days. Terminal thrusts from triangles in the USDJPY and USDCHF should lead to reversals near 104 and 1.04. Regarding... Go to Full Article