14

+

U.S. Dollar Makes Fresh Gains Against Canadian Dollar

posted by twilight 5 days ago in USD, CAD, Fundamental made popular 5 days ago

A brief break towards session-open levels ended abruptly for a bearish CAD/USD on Friday morning, as equities sold off following the release of U.S. consumer sentiment and business inventories reports.  read more

14

+

BOE will cut another full point in December

posted by eriathwen 7 days ago in GBP, Fundamental, Weekly made popular 7 days ago

While a shock and awe approach to rate cutting Thursday saw the Bank of England cut the key rate 150 basis points to 3% briefly lent the British pound support, weak economic data piled up and left the currency down 2.5% against the greenback at t  read more

13

+

Reality in the Economy

posted by chloegurl 27 days ago in CAD, Special made popular 27 days ago

The vast majority of Canadians are woefully unprepared for the world that is emerging around them. This is not simply because the savings rate in the country has fallen, year by year, nor is it because their financial assets have been shredded an  read more

13

+

Euro rallies on upbeat sentiment

posted by joemama 234 days ago in EUR made popular 234 days ago

The euro rallied sharply this week as figures showed the eurozone economy was weathering the current turmoil on financial markets better than expected  read more

13

+

Mindset of a Profitable Trader

posted by Forex 139 days ago in Trading made popular 139 days ago

Just as important as controlling risk (money management), traders also needs to have confident in oneself. Traders need to know that even with a profitable trading system; one could also have numerous losses in a row.  read more

13

+

CMHC Housing Starts Report Will Likely Show Slowing

posted by twilight 12 days ago in CAD, Housing made popular 12 days ago

The Canada Mortgage and Housing Corp.'s report on housing starts will likely decline in October, as the perennially strong multiple-family dwelling category is expected to finally react to the slowing economy and declining sales, economists say.  read more

13

+

Bank of England: Inflation to fall below 2 pct.

posted by odell 8 days ago in GBP, Fundamental, Inflation made popular 7 days ago

The Bank of England warned Wednesday that it expects inflation to fall below the government's target of 2 percent next year as the economy contracts further, stoking expectations that the Bank will lower its benchmark interest rate -- possibly to  read more

13

+

ECB, BoE poised to cut rates Thursday

posted by princesa 16 days ago in GBP, Fundamental, Inflation made popular 16 days ago

The European Central Bank and the Bank of England are both expected to cut interest rates Thursday as they face sharply lower growth prospects as a result of the world's financial turmoil.  read more