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Market Overview by Forex Yard Economic News * USD USD Sees Reversal as a Result of Bank Failures Last week was a wild week for the US dollar as it experienced a hefty amount of volatility, before range trading to end the week's session. Early in the week the greenback traded at 1-year...
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Euro, Pound Give Back Gains, Yen Rallies Over 300 Points On Lehman, Merrill Lynch News The Yen continues to rally as risk aversion dominates the markets on the heels of the Lehman Brothers Bankruptcy and Merrill Lynch Purchase. A historic... Go to Full Article
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China Cuts Benchmark Interest Rate to Support Economic Growth China cut its benchmark interest rates and required reserves. The Chinese central bank said it will cut its 1-year lending rate by 0.27% from September... Go to Full Article
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Daily Forex News & Commentary - ACM Lehman Brothers Files for Chapter 11 Bankruptcy, Bank of America buys Merrill Lynch for $44Bn, 70% premium and AIG seeks $50Bn capital rise to avoid being downgraded. Go to Full Article
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The Paradigm Shift: ‘Too Big to Bail Out’ The Paradigm Shift: “Too Big to Bail Out.” Is anyone really set for this? A friend, Bill Fleckenstein, told me ”to win this game, all you have to do is recognize when other people finally ‘get it’.” From what I have seen tonight from...
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The Stock Market Plummet - Fueled By Lehman Brothers And Merrill Lynch Just as I was about to make a post on the status of the markets, I hear news of investment banks Lehman Brothers (LEH) and Merrill Lynch (MER). But before we turn to the big news, let me show you what I was seeing in the...
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FX Technical Analysis by iForex.bg The Euro started climbing significantly from Friday against the US Dollar from Friday's bottom 1.3976 to today's top 1.4477, which are the first support and resistance resistance levels respectively for the currency couple today. Go to Full Article
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FX Comment - CMC Markets Please find below today's forex comment from James Hughes, analyst at CMC Markets. September 15th - With the seemingly imminent collapse of Lehman Brothers being the main story in the markets today, the dollar can expect to find itself coming under a degree of...
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Daily Market Update by K. Klombies, Tradingeducation.com, LLC The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets. Go to Full Article
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Daily Market Update by J. Wyckoff, Tradingeducation.com, LLC The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets. Go to Full Article
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Daily Market Update by R. W. Colby, Tradingeducation.com, LLC The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets. Go to Full Article
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Daily Market Update by D. Jobman, Tradingeducation.com, LLC The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets. Go to Full Article
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Swiss Retail Sales Jumps Higher, Inflation Falls From Record High Swiss retail spending surged to 6.2% from 0.7% in June as resilient labor demands helped to boost personal spending. The increase was much stronger than... Go to Full Article
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Swiss Retail Sales Jumps Higher, Inflation Falls From Record High Swiss retail spending surged to 6.2% from 0.7% in June as resilient labor demands helped to boost personal spending. The increase was much stronger than... Go to Full Article
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Forex Update: Market Raises Bets for Fed Rate Cut The market is speculating on a U.S. rate cut at tomorrow's policy meeting. Talk of out of Asian cited the potential for a 50 bp emergency cut to ensure... Go to Full Article
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