Forex Trading News: EUR German CPI Released on Par With Forecast The German CPI comes out at 0.6% from the previous 0.6%. This data came out on forecast. No change in the EUR after this data. Go to Full Article

Forex Trading News - Japan Consumer Confidence Japanese consumer confidence came in weaker than expected at 34.1 vs. expectations of 35, also weaker than last months report at 35.4. The Yen has had no reaction off this release against any major currency pair. Go to Full Article

Forex Trading News- Australia's Stevens Speech In his speech today in Melbourne Stevens mentioned the following highlights:. Tight rates are essential to counter trade shock. The high Aussie has cushioned the inflation rate. Terms of the trade surge will add to demand. ... Go to Full...

Forex Trading News: JPY Industrial Production Released The Industrial Production number comes out at -0.2% from the previous -0.3%. This was forecast at -0.3% once again. As this number came out only slightly better than forecast, not much change in the JPY across the board. Go to Full...

Forex Trading News: Economic and Forex Preview (6/13/2008) Attached is the Economic and Forex releases and previews for today. Go to Full Article

Cowabunga System Update: Thursday, 06/12/08 Well the Cable once again moved back down, but unfortunately it started to move before the Cowabunga trading time frame. As a result, I laid back and watched the waves roll by. See how it all went down in today's Cowabunga Surf Report. Go to...

InBev Willing To Make Concessions To Nab Anheuser Busch As noted in our post of May 23, 2008, there have been rumors floating around about Anheuser Busch (bud) being acquired by InBev (inb.br). After the market closed yesterday, that rumor became fact as the $46.3 billion offer went public....

Dollar Looks Primed For Near-Term Rally On Rate Hike Speculation The near to medium-term outlook of the US dollar in the currency markets is one of relative strength, particularly against the Euro, Swiss franc, British pound and Japanese yen. Ever since Bernanke indicated he has his eyes...

How Will We Know the Credit Crisis and Banking Fiasco Are Truly Over? By Keith Fitz-Gerald. How will we know the credit crisis and banking fiasco are truly over? We won’t. But there’sa damn good indicator that will show us the way - the London Interbank Offer Rate, usually referred to as...

Three Better Uses For ex-CEO’s Money The Wall Street Journal loves to poke fun at corporate execs living large on the lam. Kobi Alexander, Comverse’s (CMVT: 0.00 N/A N/A) Namibian-dwelling ex-CEO, is not spared any ribbing in today’s Page 1 of the WSJ (sub. required). ... Go to...

When Bad Hedges Happen To Good People It ain’t getting any easier, is it? While Macro Man has escaped, if only temporarily, from the House of the Fat Tail (which has a lawn dotted with pink flamingos), he cannot help but think that he’s left a number of market colleagues ... Go to...

Time To Buy More Shares of GeoEye - An Eye In The Sky It’s time to put some more capital to work today. I am initiating a second (2) BUY recommendation of GeoEye, Inc. (Nasdaq: GEOY), a provider of space-based and aerial imagery and geospatial information. I’m pounding the table hard for...

Daily Forex Analysis Today’s US Dollar Trading • USD fails to hold gains • Stops run early • Two-way action suggests offers building. Overnight Preview • Look for consolidation with a downside bias • USD likely to open lower in New York tomorrow ... Go to Full Article

Media Funds Could Benefit From NBA Playoffs, But I May Not While the NBA playoffs could be helping some exchange traded funds (ETFs), they sure aren’t helping me any. I grew up in Boston, and if you hadn’t noticed, we’re nutty about our sports teams. You’d have to be to love a team...

Agricultural Funds Surge On Midwest Flooding Crop Damages Agriculture exchange traded funds (ETFs) shot up in trading today as a flood in the Midwest damaged the 2008 corn crop. Corn futures rose more than 4%, the fifth straight record trading session, reports Sam Nelson for Reuters. ... ...