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FXDD DAILY VIDEO : August 13th 2008 Forex Video Market Outlook
FXDD DAILY VIDEO : August 13th 2008 Forex Video Market Outlook.
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August 13 market commentary and technical levels
Wed, 13th of August, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook After attempted to move lower and bottomed at 1.4815, yesterday the EURUSD recovered, made a new high of the day, topped at 1.4963 and closed at 1.4913 ...
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Russia And Georgia At War: Over Oil?
Dear Reader:. Here at Wealth Daily, we take no joy in predicting wars. But to get global markets, you have to understand the relationship between peace, conflict, and money. Two years ago, the “frozen” conflict between Georgia and its ...
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Credit Unions Facing Mortgage Troubles
In “what’s next news” some credit unions are sitting on paper losses that could potentially wipe out their net worth:. Graphic courtesy of the WSJ. (From the WSJ): “Five of the nation’s largest credit unions are reporting big paper ...
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Pimco’s Entry Into ETFs: Will It Be Much Ado About Nothing, Or A ...
Some of the biggest names in the mutual fund industry have so far seemed reluctant to really put their arms around exchange traded funds (ETFs). A case in point is Fidelity, which has just one lone ETF: the Nasdaq...
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Financials Back On The Radar
NEWS: The markets were holding up fairly well and only suffered modest losses until the financials fell off the cliff. The Dow closed the session off 139 points or 1.2% and is now sitting just above the 50-day moving average. ...
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Paulson’s Freddie And Fannie Hangover
In the annals of “too big to fail”, there have only been two companies in my mind that had to be bailed out. They are Freddie (FRE) and Fannie (FNM), even though longer term they should be broken up into several much smaller pieces. ...
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So Much For The Power Of The Fed
Share prices have come alive in recent weeks, aided by a number of ostensibly positive developments. Providing a big boost, of course, has been sell-off in crude oil and other commodities. To the optimists, the moves are a clear sign ...
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Stock Picks And Trade Ideas For Wednesday - TSRA, FSLR
Chart courtesy of stockcharts ( click to enlarge ). (FSLR) - With MACD below 0 the stock is still in bear market so wait until the stock reverse back to uptrend before you buy the stock. For now the stock is holding the 200 DMA and the ......
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Forex News: AUD Westpac Consumer Confidence & Wage Cost Index Out ...
WEstpac Consumer Confidence Expected at +9.1 Prior -6.7%. Wage Cost Index QoQ Expected at +1.0% Actual +1.2%
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NY Fed: Dynamic Maps Of Nonprime Loan Conditions
Map (click to enlarge) showing that as of June 2007, 47% of subprime mortgages in California were low or no documentation (highest in the country). Dynamic map showing that 19.4% of subprime mortgages in Florida were in foreclosure in ...
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Tuesday: Daily Forex Market Commentary
EURO. The euro depreciated vis-*-vis the US dollar today as the single currency tested bids around the US$ 1.4815 level and was capped around the $1.4965 level. The common currency reached its lowest level since 26 February. ...
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Japanese Yen Rockets As Risk Aversion Makes a Comeback
As we mentioned in our discussion of the Australian dollar and New Zealand dollar, risk aversion returned on Tuesday, weighing heavily on high-yielding...
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Euro Successfully Holds Above 2007 Highs
Despite an early-morning plunge to 1.4815, the Euro managed to recover during Tuesday?s US trading session and as of the NY close, EUR/USD was successfully...
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US Dollar Rally Stalls on Dovish Fed Commentary, Ahead of Advance Retail Sales
- Euro Successfully Holds Above 2007 Highs - British Pound Breaks Key Support, More Declines May Be In Store
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