|
Forex Trading - GBPUSD Holding the 2.000 Handle
The Sterling has held strong straddling the 2.000 level for the last 48 hours between support and resistance. Since the 50 day moving average crossed the 200 day moving average to the upside at support on 7/14, the Sterling has looked ...
Go...
|
1 |
|
Forex Trading News: CHF ZEW Expectations and EUR Italian Trade ...
The CHF ZEW Expectations came out worse than expected at -76.9 from the previous -63.8. This was forecast for a drop to -66.8. The Italian Trade Balance came out better than expected at -0.06B from the previous -1.02B. ...
...
|
1 |
|
Oil Price Volatility Index Tied To Options On Oil ETF
Oil and related exchange traded funds (ETFs) have been volatile lately, so it stands to reason that there’s now an index that allows investors to track just that: the price volatility. The Chicago Board Options Exchange (CBOE) unveiled...
|
1 |
|
Abbott Labs Delivers Above Expectations
While many earnings reports these days are disconcerting to investors as fuel prices weigh on the economy, we think it is important to note those companies that are beating expectations. Beating estimates amidst tough circumstances is a ...
Go to...
|
1 |
|
Wednesday: Daily Forex Market Commentary
EURO. The euro depreciated vis-*-vis the US dollar today as the single currency tested bids around the US$ 1.5865 level and was capped around the $1.5945 level. The common currency extended yesterday’s losses after it established a new ...
Go...
|
1 |
|
One Aussie trade
Well, finally, I have a beautiful chart to show off again. I have been trading for the past few weeks, but , there was no good trade to show. If you have been following this blog, you know I was looking for Long opportunity after Aussie ...
Go to Full Article
|
1 |
|
Huge XLF Volume Yesterday Signals Financial Sector Could Bottom
If I could pick only one ticker to watch in order to gauge the market’s health in the current environment, it would probably be Financial Select Sector SPDR (XLF), the most popular of the financial sector ETFs. ...
Go to...
|
1 |
|
US Inflation Soars At Second Fastest Pace In 26 Years
Lost in the charade of yesterday’s testimony by Bernanke, Paulson & Cox was an absolutely abysmal wholesale inflation number from the Labor Department. While the Three Stooges entertained, prices continued their journey to the moon ... ...
|
1 |
|
Forex Carry Trades Unperturbed By Financial Market Chaos
Well, what can you say? Yesterday was a “sell everything” day…..at least until that list included oil….after which it became a “buy everything” day. That is, until there were 45 minutes left in yesterday’s US equity...
|
1 |
|
17-Year High Surge In Cost Of Living Has Bernanke Worried Too
After the sharp decline of the US dollar yesterday, traders have been taking profit on their dollar short positions today, spurring an upward retracement against major currencies such as the Euro and Swiss franc. ...
Go to...
|
1 |
|
Alan Greenspan: Gold Still Represents The Ultimate Form Of Payment ...
Gold finished trading in New York yesterday at $977.10, up $5.00 and silver was down to $18.92, down 27 cents. Gold fell in Asia before rising in early European trading. Gold rallied strongly in early trading yesterday on...
|
1 |
|
Gold Set To Replicate Oil’s Parabolic Move, 30-Year Treasury ...
With multiple bank failures looming and the US government doing nothing but take on bad debt and assets onto their balance sheet, we are looking for new lows in the US dollar as the fundamental backdrop of the US financial...
|
1 |
|
Vanguard’s ETF Patent A Brainy Move… For The Time Being
In April 2005, Vanguard patented exchange traded funds (ETFs) as share classes of existing index funds. The move is proving to have been a stroke of genius. As ETFs have grown in number and increased in their popularity among...
|
1 |
|
The Rise Of Renewable Energy In Europe
MARSEILLE, FRANCE: As beautiful as the South of France is, landscapes alone don’t make the future look promising. The economies of Portugal, Spain, and southern France are feeling the pinch of the global recession more than many ...
Go to Full...
|
1 |
|
Bush Should Get Credit for Oil Drop and Dollar Gains!
The Pound lost about 200 pips after making a peak at 2.0150! Will this level hold? Somebody Showed Him The Memo - Leadership at Last? On Monday July 14, US President George Bush announced that he would lift the Executive Prohibition ...
...
|
1 |
