Euro Tumbles Hard As Ireland Says “No” To EU Treaty The Euro has a big sell-off in the currency markets Friday, and that has to do with the Irish. Political integration of the European Union is vital to economic integration of the EU member states, which in turn will influence how ... ...

CHOOSE LONGS CAREFULLY, SHORTS WITH EASE Hey all at hedgeagainstspeculation (HAS), I know it has been a while since my last post, and I’m sorry, but I have been very busy at work. Anyways, about (HAS), the stock not the site. HAHA, play on words, and I swear I will try to keep ... Go...

MacroShares Funds Dip Into Housing Market MacroShares is taking another swing at the up/down market movement, this time with exchange traded funds (ETFs) that track the upward and inverse movement of US home prices. MacroShares Major Metro Housing Up (UMM) and MacroShares Major ... Go to...

Citigroup Shuts Down Hedge Fund Co-Founded by the Current CEO In Egg on your face news, Citigroup is shutting down a Hedge Fund it bought last year that was co-founded by its current CEO:. (From the WSJ) “Citigroup Inc. is closing a hedge fund co-founded by Chief Executive Vikram Pandit, ......

Stock Picks And Trade Ideas For Friday Chart courtesy of stockcharts ( click to enlarge ). Shares of Evergreen Solar (eslr) rose Thursday by nearly 4% as analyst Mark Bachman from Pacific Crest began covering the stock with a “Buy”- equivalent rating on the shares and a $17 ... Go to...

Lower Oil Prices, More Jobs, More Tax Revenues and Union Support ... In all of the recent discussion about opening up America’s vast energy resources, what has received the most attention is the potential effect on oil and gas prices. But there are two other important issues that have not...

Did Stimulus Checks Play A Big Part In May’s Retail Sales? Today’s big economic story is how retail sales “surged” in May, since I’m rather loathe to repeat myself I’m not going to dig into the usual around inflation, the use of nominal figures, how beating bad numbers is not a...

Gold Remains Fringe And The Preserve Of Smart Money Gold closed at $881.00 in New York and was up $13.20; silver closed at $16.84, up 27 cents. Gold has subsequently given up some of yesterday’s gains and has fallen in Asia overnight and in early European trading this morning. ... Go...

Forex in 60 Seconds - Dollar Rallies As Inflation Boosts Rate Expections, CPI May Drive Pound And Loonie See the article... Go to Full Article

US Dollar Rally Sustained by Stronger Than Expected US CPI Figures A rise in consumer prices paired with a decline in oil prices strengthened the US dollar to pick up another round of gains, as the currency posted its... Go to Full Article

GBPAUD: Evidence Supports Formation of a Major Low The GBPAUD is nearly 10,000 pips off its post 2000 high but both long and short term charts indicate that the GBPAUD may be forming a significant low now. Go to Full Article

Australian Dollar Crosses: Pullbacks Expected See the article... Go to Full Article

Swiss Franc Technical Outlook "There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs. Go to Full Article

Canadian Dollar Technical Outlook The minimum objective that we have cited for some time is above 1.0324. Go to Full Article

Australian Dollar Technical Outlook The AUDUSD has fallen below the trendline that had held since late January but there is no sign of a reversal as the decline still counts better as a correction. Go to Full Article