posted by
milkyway
1106 days ago
in Fundamental, Weekly
made popular 1105 days ago
A funny thing happened on the way to the recovery. It turns out the global economic mending process is more of a meandering creek than a beeline back to the top. This does not mean recovery is not happening, but the data certainly hows why it wil
posted by
currencyplus
1106 days ago
in Fundamental, Daily
made popular 1106 days ago
Important economic news were released today. Numbers rather than news, since there was nothing new about announcement. Financial world simply waited for numbers to define how bad the official reality was.
posted by
Alice
1106 days ago
in EUR, Fundamental, Special
made popular 1106 days ago
European economies contracted sharply in the first quarter of 2009 as activity stalled across the entire region after convulsions in the global financial system late last year, according to reports released Friday.
posted by
MonteAmor
1106 days ago
in Technical, Daily
made popular 1106 days ago
The EURUSD attempted to push lower yesterday, bottomed at 1.3525 but further bearish momentum was rejected as the pair whipsawed to the upside, hit the top at 1.3663 and closed at 1.3639.
posted by
Holt
1106 days ago
in Fundamental, Daily
made popular 1106 days ago
The U.S. Dollar plummeted considerably versus its major rivals on Thursday. This was amid uncertainty about the economic outlook, buoyed by modest safe-haven flows. The Dollar dived against the EU after a report showing U.S. jobless claims rose l
posted by
Tantan
1106 days ago
in EUR, Fundamental, Special
made popular 1106 days ago
The currency markets fell back into their established routine also, as fear drove investors out of riskier assets and back into the U.S. dollar. We saw a general reversal of the carry trade, with the Japanese yen (JPY) the only major currency whi
posted by
LadyBroker
1106 days ago
in Fundamental, Special
made popular 1106 days ago
“We can’t keep on just borrowing from China,” President Obama declared at a town hall meeting in New Mexico yesterday. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”
posted by
edward
1106 days ago
in Special, Metals
made popular 1106 days ago
If you are one of the people who write to me and question my consistent advice to buy gold, silver and oil (“Dear Mogambo, You’re an idiot, which means that you are probably wrong about gold, silver and oil, too! (signed) A guy who can recognize
posted by
czarinacleopatra
1106 days ago
in EUR, Special, GDP
made popular 1106 days ago
The eurozone unveiled some nasty economic news early this morning. For starters, Germany dropped its first-quarter 2009 GDP number… a 3.8% contraction, worse than anticipated, and the worst since ze Germans starting keeping track in 1970.
posted by
dennis
1106 days ago
in Fundamental, Special
made popular 1106 days ago
Maybe we are just sticklers for detail. And maybe it's simply rear-view mirror stuff we are worried about. But we keep having trouble with the use of the term "optimism" when two of the world's biggest exporters--China and Germany--aren't doing
posted by
fx360
1106 days ago
in USD, Daily
made popular 1106 days ago
The rally that we have seen in the U.S. dollar this morning should be short-lived as positive economic data gives investors more reasons to believe that the U.S. recession is coming to an end. Most importantly, the light that has begun to shine o
posted by
fx360
1106 days ago
in EUR, Daily, GDP
made popular 1106 days ago
Both German and French GDP data missed expectations with German results printing especially grim, as the EUR/USD fell through the 1.3600 level in early European trade. The German GDP came in at -3.8% vs. 3.% forecast – the bleakest reading in the