Positive US Data Sends Dollar Further Down
Weekly unemployment claims in the US are at 377K. 371K was expected. Last week's figure was revised from 352K to 356K - it's still very low. The numbers are in line with early expecations. The moving average continues edging lower.Durable goo
Brent rises above $110 as Fed vows low interest rates
* European shares, euro firm as markets cheer Fed rate outlook * US Fed says no rate hikes until at least late 2014 * US crude inventories rise as imports rebound -EIA * Coming Up: US weekly jobless claims; 1330 GMT (Adds comments, updates prices) By ...
a buy for the brave
DEBT MOUNTAIN Italy has a 1.9 trillion euro public debt, too large for anyone to absorb should things turn ugly in the euro zone. At around 120 percent, the country's debt to GDP ratio is the third highest in the world behind Japan and Greece.
SNB To Resist Higher EUR/CHF Floor For Now
(Dow Jones via eFXnews) SNB to resist higher EUR/CHF floor for now says Citi as EUR/CHF remains the odd one out as it fails to react to the ups and downs of investor sentiment, unlike EUR/USD, EUR/CHF and EUR/JPY."One could argue that ....
Nokia Board of Directors convenes Annual General Meeting 2012
Nokia Board of Directors convenes Annual General Meeting 2012 Dividend of EUR 0.20 per share will be proposed for 2011 Nokia Corporation Stock Exchange Release January 26, 2012 at 13.25 (CET +1) Espoo, Finland - Nokia announced today that its Board of ...
U.S. Durable and Capital Goods Orders Rose Again – December
Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures' shipments, inventories and orders for December 2011
US Markets Up USD Down
The greenback continued to drop against most major currencies today continuing losses after a two major US economic reports showed jobless claims and durable-goods orders jumped. One positive and the other negative. The move downward spiral comes the ...
USD/CAD tests parity on weak US data
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...
EUR/USD Rallies to New Record This Month
EUR/USD was at the highest since December 21 as yesterday’s pledge of the Federal Reserve to keep interest rates low at a prolonged time continued to push the dollar lower.
Decreasing EUR Risk Premium Opens Upside - Goldman
(Dow Jones via eFXnews) Decreasing EUR risk premium opens upside says Goldman Sachs after calculating that 8 of the 18 big figures in the move lower from the 2011 high in EUR/USD was due to the escalating nervousness stemming from the euro-zone d
Indian IT firms are creating, not stealing jobs from US, Europe: India Inc to ...
According to him, 400 million new jobs could be needed to be generated in next 10 years. Indian IT industry, which rakes in about USD 60 billion revenues from overseas markets, depends significantly on outsourcing of business processes of the Western ...
Weekly Review OpenBook Roundup
OpenBook trader waleed0987 has earned praise from his copiers this week for his profitable strategies that use low risk. The trader has traded both long and short EURUSD positions this week with gains as high as 11%. The pair traded in a range be


