Why Short Selling Can Be Viewed as Bullish
One of the most closely watched parts of the global financial system is the Chinese economy. I don’t need to tell you that the economic recovery in America and the rest of the world is quite sluggish. Many had hoped that China could help propel t
EUR/USD forecast for 2013 04 22; prepare for ranging moves
EUR USD price failed to reach astonishing heights or lows and ranged within the 1.3200 - 1.3000 levels. Today there isn't much news coming out and I expect the price to range within the 1.3120 - 1.3000 area with a bearish bias. Sell the price fro
Japan Stimulus Strategy Gets G20 Blessing
Facing another global slowdown, the tag team of the U.S. and the International Monetary Fund (IMF) have been pitched against the Eurozone and the U.K. over whether axing budgets and debt is the recipe for recovery or recession to spend or not to ...
EUR/CAD falls to support at 1.3321/26 after Retail sales in Canada
In Canada, Retail Sales (MoM) rose +0.8% in February, against expectations of +0.3%. Moreover, Retail Sales ex Autos (MoM) experienced a climb of +0.7% in February, vs. a projection calling for +0.5%. Later today within the hour, the BoC's Mark Carney ...
Low inflation outlook to ease rate call - WA Today
''The high currency is keeping a lid on a range of retail goods prices; while this may no longer be as great a source of disinflation given the stabilisation of the Australian dollar in 2012, it is contributing to offshore and online competition in the ...
NZ Dollar Soars as RBNZ Refrains from Cutting Interest Rates
The New Zealand dollar surged today after the Reserve Bank of New Zealand left its main interest rate unchanged and suggested that there will be no rate cuts this year.
Dollar Exchange Rate Today: GBP USD Falls Sharply Ahead Of GDP Release
A negative reading would put the Pound under renewed selling pressure because it would confirm a triple dip recession for the first time since the 1970s. The Euro came under heavy selling pressure during the day yesterday, as an early advanced reversed ...
Gold, Crude Oil Gains Vulnerable on Soft US Data
Crude oil and gold prices are trading higher as a risk-on mood boosts cycle-sensitive assets and weighs on the US Dollar but the landscape is far from clear ahead.Talking Points
• Oil, Copper Rise with Risk Appetite But Durable Goods
Session Recap: Ugly US data weight the Dollar; USD/JPY remains below 100.00
The Greenback traded lower on Wednesday against its major competitors as investors were cautious on the back of an ugly US durable goods data that surprised market. Italy has done a new step to normalization after ...
Seoul shares seen up on upbeat Q1 GDP but weak yen concerns may cap market
"The index is due for a modest rebound given that there is talk of stimulus in Europe and the local GDP figures beat expectations," said Koh Seung-hee, an analyst at SK Securities. However, Koh said the continuing risks posed by a weakening yen would ...
ACP Axos Capital GmbH consortium to acquire 75% of PTK, the incumbent ...
ACP Axos Capital GmbH consortium to acquire 75% of PTK, the incumbent telecom operator in the Republic of Kosovo, for EUR 277 million. Thursday, Apr 25, 2013. HAMBURG, Germany, April 23, 2013 /CNW/ - ACP Axos Capital GmbH Consortium with its ... The ...
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