GM to 'wind down' Saab business
GM says it has failed to sell its Swedish car brand Saab and will begin "an orderly wind-down of Saab operations".
Looking Ahead: December’s Fundamental Releases
The final week of November will have a slew of reports during its first half as the US will have a national holiday on Thursday and banks and stock markets will be closed on Thurday and stock market will close early on Friday. That will mean less
Crude Oil Rebounds, Still More Upside Potential: VantagePoin
December crude oil futures (CL Z9) on the New York Mercantile Exchange (NYMEX) this week have made a solid price rebound after seeing solid downside price pressure late last week that did see prices hit a fresh four-week low. This week's price st
U.S. Dollar Index to See More Downside in Near Term
The U.S. dollar trade is a crowded one that looks to remain this way for some time to come.
US Housing Sales Rocket Most In A Decade
U.S. Dollar Trading (USD) had a wild and wooly trading day, gaining in Asia on China concerns before losing ground in Europe on a Euro led rally. In the US session, a 7% gain in July Housing Sales broke records and sent the USD to fresh lows befo
U.S. Existing Homes Sales Surge
Existing home sales rose by 7.2% in July to 5.24 million annualized units from 4.89 million in June. Expectations were for a more muted gain of 2.1% to five million. Inventories, as measured by months' supply, remained unchanged at 9.4.
US July Existing Home Sales To Post Modest Rise
There are three key US housing reports that traders look at to evaluate the strength of the housing market. The first report is housing starts which is an indicator of supply in the housing market. The second report is existing home sales which i
Monthly Forecasts for US Dollar - July
Monthly Forecasts for US Dollar - July:- Euro US Dollar Exchange Rate Forecast
- US Dollar Japanese Yen Exchange Rate Forecast
- British Pound US Dollar Exchange Rate Forecast
- US Dollar Swiss Franc Exchange Rate Forecast
Monthly Forecasts for US Dollar - June
European and US interest rate forecasts took a clear turn for the worse in recent months, but the difference between said rate forecasts continues to favor the US dollar.
Monthly FX Outlook
US$ Out of Favour: Momentum has shifted in December, perhaps signaling that the big wave of capital repatriation has run its course. The C$ has stabilized as a result, helped to some extent by talk of OPEC production cuts.
Forex in Review: August
Dollar strength was the biggest story in the forex market last month. Analyze what caused some of the major moves and monthly highs for the USD.
Use forex to foot oil import bill: States
With the Centre's move to hike petro prices forcing states to go for tax cuts, they are likely to ask the Central Government to use small portion of the burgeoning forex reserve to fund the rising oil import bill, estimated at over $8 billion in


