Forex Trading: Markets are not friendly. USDCHF being eyed as key ... The markets are not being too friendly. The EURUSD has moved back lower as oil came off from the high. Reports say that the path of the hurricane is too low. CLICK ON CHART TO EXPAND. read more. Go to Full Article

Syneron’s Superb Q2 Treatment Writing about Syneron (ELOS) brings back fond memories. My first trade in ELOS was nearly 4 years ago on 10/19/2004 for 100 shares at $20.48. I sold the shares 2 weeks later at $26.861 for a 31.15% return, banking a profit of $638.10 ... Go to Full Article

Forex Forecast: 5 Key Events(Strength In Consumer Confidence And Housing Data Riddles With Caveats) It seems that the US economy is on track for a strong second half to 2008 with consumer sentiment and housing data adding to the general improvement to... Go to Full Article

Forex Trading News: EURUSD Hits 6-Month Lows After Poor Data The EURUSD hit 6-month lows dropping below the key 1.4600 handle down to a low of 1.4596. This EURUSD move comes behind data displaying that German corporate sentiment fell more than expected in August, softened up by a sharp...

Forex Trading News: CHF Consumption Indicator and German Ifo ... The CHF Consumption Indicator comes out at 1.848 from the previous 2.246. No forecast was available. The German Ifo Business Climate Index comes out at 94.8 from the previous 97.5. This was forecast for a drop to 97.1. ... ...

Fed’s Fisher Says US GDP May Turn Negative; Dollar Retreats After ... The Euro got a huge punch from the US dollar Tuesday, falling to a six-month low following economic data which showed that Germany, Eurozone’s largest economy, is indeed showing negative growth. The past few weeks of...

Gold Market Update: Gold Declines On A Sharply Stronger Dollar Gold finished trading in New York on Friday at $819.30, down $7.60 and silver was down 14 cents to $13.36. Gold and silver traded sideways in Asian trading prior to a sell off in early European trading this morning. ... Go to...

Does Moral Hazard Apply To Sovereign Wealth Funds? Here’sa question for you: Should concerns about moral hazard apply to central bank reserve managers and sovereign wealth funds? The question arises after recent comments from Yu Yongding, a former advisor to PBOC, suggesting that a ... ...

Lost Its Marbles: First Marblehead Loses Out On Student Loans On Thursday, August 21 after-hours, First Marblehead Corp. (FMD) reported a Q4 loss of $0.57 per share or $56.7 million vs. positive earnings of $0.83 per share or $78 million. Analysts expected a loss of $0.39 per share, widely...

Smith & Nephew Questions Remain We are maintaining a Hold recommendation on Smith & Nephew, PLC (SNN) after the company’s second quarter results. The company follows an effective strategy of investing a significant amount in research and development (R&D) activities, ... Go to Full...

Expect A Mixed, Neutral Movement For Major Indices This Week The major indices continue to move in a secondary reaction rally. The major difference is that the volume for last week is weaker than the past two weeks’ volume. Notice the down slope in volume as the rally progresses as down...

US Household Debt: A Frightening Picture Here is a frightening graphic from the FT on consumer debt levels:. Graphic courtesy of the Financial Times. In 1990 consumer debt was at 60% of GDP (60% of a smaller GDP at that), in 2000 the number was around 70% and eight years later ... Go to...

Is Now The Time To Invest In Gold Mining Shares? Using the analogy of what happens just before a tsunami hits shore, the recent action in the financial and precious metal markets is indicating to me that the water at the beach has begun to recede. Some are fleeing to higher ground; ... Go...

US Dollar Pushed Around By Oil And Equities Monday’s US Dollar Trading • The USD unable to hold gains in NY • Volume a bit better than Friday, stops drive a lot of trade • Oil pushes Greenback around as do equities. Overnight Preview • Look for two-way action overnight ... Go...

Ethanol Companies Innovate For Growth I have come across a couple of interesting news items recently that point towards continued viability and growth for the US ethanol industry. As I have written in the past, I believe the US corn based ethanol industry will grow as a ... Go to Full...