FX Technical Analysis by iForex.bg The British Pound also descended significantly on Friday against the US Dollar from Friday's top 1.8339 to the bottom 1.8006, which are the the first resistance and support levels respectively for the currency couple today. Go to Full Article

Forex Trading News: UK Data Released (Man. PMI, Mortgage App., Net ... The UK Manufacturing PMI comes out at 45.9 from the previous 44.3. This was forecast for a small drop to 44.0. The Mortgagge Approvals number comes out at 33K from the previous 36K. A small drop to 35K was forecast. ... ...

Forex Trading News: EUROZONE Final Manufacturing PMI The EUROZONE Final Manufacturing PMI came out at 47.6 from the previous 47.5. No change was forecast from the 47.5. The EUR did not react much to this data as the number did come out near forecast. Go to Full Article

Forex Trading News - Euro PMI Manufacturing The PMI Manufacturing August Final for Germany and France was released as follows:. French PMI Manufacturing expected at 45.1, which was also the reading for July, came in at 45.8, slightly better than expected. ... Go to Full Article

Forex Trading News: CHF SVME PMI Released The CHF SVME PMI came out worse than expected at 52.5 from the previous 54.1. This was forecast at 53.3. The CHF did not react much to this data. Go to Full Article

Fred’s Deals With Pricing Pressures Fred’s, Inc. (FRED) reported solid second quarter results. Sales were up 5% year-over-year to $447 million with comp-store sales growth of 4.9%, and earnings per share of $0.10. The company previously announced its sales, ... Go to Full Article

China Proactively Dumping Fannie/Freddie Debt In Favor Of Treasuries FT.com has reported that the Bank of China has sharply reduced its Fannie/Freddie securities holdings but sharply increased its holdings of US Treasuries. Is this a sign of things to come? Do they know something we don’t?...

Finding Upside With Broadcom “Connecting Everything,” a perfect company slogan for a company which has been doing just that. Broadcom (BRCM), a semiconductor company based in Irvine, CA has had explosive growth recently. Many of their products are regarded as ... Go to Full Article

Forex Trading News: EUR German Retail Sales Released The German Retail Sales number came out at -1.5% from the previous -1.4%. This was forecast for a rise to -0.1%. The EUR softened up slightly across the board after this worse than expected data. Go to Full Article

Forex Trading News: GBPUSD Plummets to Over 2-Year Low on UK ... Behind Britain's Finance Minister Darling saying that the UK's economic downturn may be the worst in 60 years, the GBPUSD fell to levels not traded at since April, 2006. Darling added that this downturn may be deeper and last...

We’re All Cheap In Our Own Ways; And That Affects ETFs Across the globe, consumers are feeling the financial burden of higher food prices and the growing cost of fuel, and exchange traded funds (ETFs) will be affected. However, as all people are trying to spend in a more conservative...

What Might Be In Store For The US Dollar Index With the US Dollar Strengthening, officially reversing the trend back to the upside, and consolidating above support, let’s look at the daily and weekly chart to see what’s happened and what might be in store. ... Go to Full Article

Anaren Faces Near-Term Challenges Anaren, Inc. (ANEN), a leading provider of microwave components and subassemblies for the wireless and defense industries, is challenged with recent indications of cost overrun as a result of supply-chain issues and other production ... Go to Full Article

Speculators May Now Control Mortgage Purchase Market Last month home sales surged in many states around the nation especially in CA where they jumped to 39500, up 12.2% June. However, values also fell 3%, foreclosures ran over 30k units and foreclosure-related sales as a percentage of ... ...

‘Experts’ Who Actually Know What Is Going On Regular visitors to my site might think I am a cynic — and they would be right. I’m sure many factors have helped to make me this way, including genetics and upbringing. Yet I’m confident that my perspective has also been colored by the...