Feedback Form

Avatar warrenbuffet

5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Yen Bounces Back Against Major Rivals

posted by Avatar JayP 1356 days ago in USD, JPY made popular 1356 days ago

The Japanese yen rebounded on Monday in New York and regained much of its Sunday night slump. The yen got back almost all of its losses against the sterling and euro and also edged higher versus the dollar.  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Chart of the Day - 9/08/2008 - EUR/USD

posted by Avatar jameschen 1356 days ago in USD, EUR, Technical made popular 1356 days ago

Price action on the EUR/USD daily chart, as shown, has pulled back up to the long-term uptrend support line that it broke on Thursday of last week  read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD Update - Wedge Alert

posted by Avatar jameschen 1356 days ago in USD, CAD, Technical made popular 1356 days ago

As we can see on the accompanying USD/CAD daily chart, price has formed a tentative rising wedge consolidation.  read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD Update - Pullback after Breakdown

posted by Avatar jameschen 1356 days ago in USD, EUR, Technical made popular 1356 days ago

After breaking down below the long-term uptrend support line late last week, price action on the EUR/USD (a daily chart of which is shown) has pulled back up to the line and retreated back down.  read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK Output Prices Record Largest Monthly Fall Since 1986

posted by Avatar lovethefx 1356 days ago in GBP, Fundamental made popular 1356 days ago

Monday, output prices in the UK showed the largest monthly fall since 1986 as the economic growth came to a standstill and fuel prices eased in August. Meanwhile, annual output price inflation slowed after hitting a record high in July.  read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australian Economy Not In Recession, RBA Governor Says

posted by Avatar nancypants 1356 days ago in AUD, GDP, Inflation made popular 1356 days ago

The Australian economy might be in a period of slow growth - but it's definitely not in recession, Reserve Bank of Australia Governor Glenn Stevens told the House of Representatives on Monday in Melbourne.  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Economic Crisis Becoming Increasingly Broad-Based

posted by Avatar pippinallnite 1357 days ago in GDP, Inflation, Employment made popular 1356 days ago

Trader sentiment over economic conditions vacillated between hope and despair, as economic reports continued to relay mixed messages. Last week's reports were bordering on negative, with the bulk of the negativity stemming from weak readings on t  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australian, N.Z. Dollars Rise on U.S. Rescue of Fannie, Fred

posted by Avatar pippinallnite 1357 days ago in JPY, AUD, NZD made popular 1356 days ago

The Australian and New Zealand dollars rose against the yen after the U.S. government seized control of Fannie Mae and Freddie Mac, restoring confidence among investors to buy higher-yielding assets.  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Yen Declines After US Government Takes Over Fannie, Freddie

posted by Avatar MarcB 1357 days ago in USD, JPY, Housing made popular 1356 days ago

The yen fell by the most in seven weeks against the euro and dropped versus the dollar on speculation the U.S. government's takeover of Fannie Mae and Freddie Mac prompted investors to buy higher-yielding assets.  read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Trader Sentiment is changing - Could this be an important turning point?

posted by Avatar wiredprg 1357 days ago in Weekly made popular 1356 days ago

I'm going to keep it short and sweet this week and just say that if this isn't an important turning point on most pairs we are very close. Market sentiment is extreme and we should now see a strong reversal. See this article for market ...  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GFT Daily Market Commentary

posted by Avatar wiredprg 1357 days ago in Daily made popular 1356 days ago

Forex Market Commentary for September 8, 2008 by Cornelius LucaGFT Daily Market Commentary The unemployment data didn’t let us down, triggering aggressive, but divergent reaction of the dollar against different currencies. La...  read more
7 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The Week Ahead for U.S.

posted by Avatar odell 1357 days ago in USD, Fundamental made popular 1356 days ago

In the Week Ahead in U.S. financial markets, Joe discusses upcoming FED talk and key economic releases.  read more