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Friday: Market Report
It seems that everybody is on holiday or networking in Jackson Hole Wyoming at a Fed symposium. Commodity prices have been soaring. Traders are focused on what the US authorities might be planning for Fannie Mae (FNM) and Freddie Mac ...
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Is Microsoft Master Of Their Domain?
Microsoft (MSFT) has tabbed Jerry Seinfeld to be its newest spokesman. In return for his appearances on commercials with Bill Gates, the company will fork over $10 million to Seinfeld. This is just one part of a $300 million campaign to ...
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China And ETFs Scale Back After Stimulus Skepticism Spreads
After a big jump yesterday, China’s markets and exchange traded funds (ETFs) are trading lower today. The leap forward came as a result of speculation that Beijing would launch an economic stimulus package, reports Parvathy...
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The New CPI is Better, More Precise Than Old CPI
visit site to read more]. Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
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Gamblers state of mind
My latest thinking is that I'm totally wrong in my approach to trading. Now when I'm looking what is wrong, what need to be changed I see where is my attention. It's on the money and only on the money. I was watching some movie ...
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Forex News: Fed's Bernanke speech is released
COMPREHENSIVE FINANCIAL REGULATION JUSTIFIED; TREASURY BEST TO DEAL WITH NONBANK FAILURES; FED TO KEEP REVIEWING LIQUIDITY MEASURES; FED'S JOB ONE OF MOST CHALLENGING IN MEMORY; CRISIS SOFTENING GROWTH AND RAISING JOBLESSNESS ...
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Forex Trading; EURUSD holds the line as Bernanke Approaches
As outlined in a previous post, the EURUSD tested and held the 200 hour moving average at the 1.4802 level. We, and the market, follow this moving average for clues to short to intermediate term market trends. ...
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Forex Trading: GBPUSD remains between the goal posts
The GBPUSD moved down sharply overnight reversing the move from yesterday when the pair moved above the 100 and 200 hour moving average as the focus was on the US problems. Today the focus returned to the UK problems as 2nd quarter GDP ... ...
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Forex Trading: GBP under pressure as GDP disappoints
The UK GDP came out weaker than expectations and the component pieces of the report painted an even bleaker picture. Business Fixed Capital formation was down 5.3% on the quarter - the biggest fall in 23 years. ...
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Bobby's Corner Market Open 8.22.2008
Good Morning:. The greenback traded higher overnight-as European data on industrial orders slowed. The GBP traded lower as data showed that growth has stalled in the UK putting the economy closer to recession. read more.
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Forex Trading News: EUROZONE Industrial New Orders Released
EUR Industrial New Orders came out better than expected at -0.3% from the previous -5.4%. This was forecast at -1.1%. The EUR did not react much to this news.
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Daily Forex Fundamental Analysis - Investica
A further escalation of economic fears will keep Sterling on the defensive in the short term even if losses from current levels are contained.
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Market Update from Trade The News
European Market
Update: UK Posts Flat Q/Q Preliminary GDP for Q2
·*** DATA ***
·EU June Current
Account: -?8.2B v -?5.5B prior || Prior revised from -?7.3B to -?5.
5B
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Forex Market Update
Asian stock losses not enough to deter yen funded carries
While the moderate gains in American stocks has failed excite the Asian stocks, the steady outflow of yen from Japan continues to keep yen on offer and carry traders well equipped.
MAJOR...
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Daily Forex News & Commentary - ACM
The Dollar fell broadly on Thursday as worries of wider credit-related losses at some US financial firms made investors abandon risky trades, starting a rally in the Yen and Swiss Franc.
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