Hmm ... tastes like recession
Score one for the green shoots crowd. The second-quarter gross domestic product report Friday clearly showed that the economy is in fact stabilizing.
Market Commentary – 31/07/09
Signs of stabilisation in the US housing and labour markets and positive economic reports elsewhere add to the bullish mood.
Get Ready for the 'Jobless Recovery' Era
Today is GDP day. It's the first look at economic growth during the second quarter, a figure that is currently expected to be just slightly negative and, absent any shocking deviation from that result, everyone will soon start looking to the thir
Chart of the Day - 7/31/2009 – NZD/USD
Price action on NZD/USD, a daily chart of which is shown, has been consolidating around major resistance in the 0.6600 price region for the last two weeks ...
Gold rallies after US GDP hits dollar
Gold rallied to session highs above $940 an ounce on Friday, recovering earlier losses, as the dollar slipped against a basket of six major currencies in the wake of second-quarter GDP data from the United States.
Why House Prices Will Resume Their Fall
The above chart shows the inflation-adjusted Case-Shiller Home Price Index as updated monthly. The right end of the chart shows that in April and May 2009, house prices stopped their rapid descent and moved horizontally.
US economic decline slows further
The US economy shrank at an annualised rate of 1% in the April-to-June quarter, government figures have shown.
EUR/USD Gets Rallied by GDP Report
EUR/USD rose today more than twice as much as yesterday as the news about 2nd quarter U.S. GDP change spurred bullish confidence in the euro and other high-yielding currencies.
Dollar Continues to Slide
Dollar continues to slide… US GDP contracts but not as fast… Nordic currencies outperform… Japanese yen continues to fall… And Now… Today’s Pfennig!Good day… The last day of July is upon us.
Pound rallies against the majors, after UK house prices rise
The Pound rallied back against the Dollar yesterday, rising towards the resistance level at $1.6551 overnight, while the UK currency also made tentative gains versus the Euro, after a report showed that UK house prices climbed in July for a third
Dollar Yen - Short term (Intraday)
95,37. USD JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened.
Crude Oil rises above $67 a barrel
On Thursday, crude oil jumped more than 5 percent, to register its biggest oneday gain since early April, as U.S. data showed the number of workers staying on jobless rolls fell to the lowest in three months last week.


