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The Wealth Effect Shifts Into Reverse
Yippee!! We’re rich. That’s what so many believed as they looked around their homes and saw nothing but dollar signs. Beverly Hills here we come. But for a large portion of the market, those big gains turned out to be pretty short lived ...
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EUR/JPY Short-Term Technical Outlook
Currency Pair: EUR/JPY Chart: 15 Min Charts Short-Term Bias: Long After touching a low of 160.18 last week, a correction looks to be underway for the euro-yen.
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Monday: Daily Forex Market Commentary
EURO. The euro moved lower vis-*-vis the US dollar Monday as the single currency tested bids around the US$ 1.4695 level and was capped around the $1.4805 level. Technically, today’s intraday high and low were around the 38.2% and 76.4% ...
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Should You Hang Tight On Your AIG Stock?
Three years ago this week, Hurricane Katrina’s storm surges devastated New Orleans and surrounding areas. But the disaster also had financial effects that extended far beyond the region’s floodwaters and relocation centers. ...
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Monday US Stock Market Commentary: We Don’t Think This Is The Bottom
On what appeared to be a harsh “down” day, there were some stocks that managed to make gains. Unfortunately, I wouldn’t have recommended touching them with a ten-foot pole. Thornburg Mortgage (TMA), Freddie Mac...
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Monday Belonged To The Bears
Coming off the weekend and looking ahead to the start of school years and the Labor day holiday, traders were decidedly negative with the markets today, selling off in droves. Once again uncertainty in the Financial sector was the ...
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Euro Isn’t Winning Popularity Contests With Spain and ETFs
The euro is having a bit of a PR crisis in Spain, where most Spaniards believe it has damaged their economy and, in turn, its exchange traded fund (ETF). On the other hand, not many people seem to be in favor of ditching it,...
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UK ETFs Reeling From Zero Growth And Property Glut
British economic growth has come to an end after 15 years of continuous expansion, marking the end of an era and the beginning of troubles for exchange traded funds (ETFs). With a growth figure of 0.0 is below even the modest estimate ...
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US Stocks Slump As Fate Of Lehman, Freddie And Fannie Hang In The Air
It’s another occasion to post Thomas Lorimer’s print that reflects current conditions. Without a firm buyout/bailout of Lehman Brothers (LEH) or any concrete rescue proposals for Freddie Mac (FRE) and Fannie Mae (FNM),...
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Drilling Boom Revives Hope For Natural Gas, Prices Fall By 42% In ...
NY TIMES — American natural gas production is rising at a clip not … . Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
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Forex Trading News: Forex and Economic Preview (8/26/2008)
Attached are the Forex and Economic releases and previews for today.
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Forex Trading News: Economic Calendar (8/26/2008)
Tuesday, August 26, 2008.
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Forex News: NZD RBNZ 2 year Inflation Expectation Out At +3.0%
Description. Expected- 2.9%. read more.
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Forex Videos - August 26th 2008 FXDD Daily Market Outlook
Forex Videos - August 26th 2008 FXDD Daily Market Outlook. read more.
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August 26 market commentary and technical levels
Tue, 26th of August, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook Yesterday the EURUSD bearish momentum seemed very limited. The trend line support on daily chart around 1.4695/1.4703 level should be the key level at ...
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