FreshPips.com / User / warrenbuffet / Voted

Payrolls expected to fall in August

posted by pipsmgee 1361 days ago in USD, Fundamental, Employment made popular 1361 days ago

Even as summer tans fade across Wall Street, analysts are pondering some surprisingly bright data released during the final days of August.

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UK Govt. Unveils Housing Market Rescue Measures

posted by lovethefx 1361 days ago in GBP, Fundamental, Housing made popular 1361 days ago

Tuesday, the day saw the UK government announcing a slew of measures to support the faltering housing market. In other news, producer price inflation in Eurozone accelerated, while economic growth gained momentum in Switzerland.

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European Economies Shrink, Dollar Rallies

posted by forexlady 1362 days ago in USD made popular 1361 days ago

Dollar has hit 6 months highs against the Euro and 2 year highs against the pound today. How much stronger can it get now that main stream news has picked up on it.

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Latin America Currencies: Chilean Peso Declines as Copper Fa

posted by halfwatertest 1363 days ago in Daily made popular 1361 days ago

Chile's peso fell for the first time
in four days as the price of copper, the nation's top export,
slid as global inventories of the metal reached the highest in
almost seven months.

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Merk Economic Calendar: Week Ahead In US Financial Markets

posted by warrenbuffet 1366 days ago in USD, Fundamental made popular 1365 days ago

In the Week Ahead in US financial markets, Joe discusses upcoming FED talk and key economic releases.

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Merk Market Outlook: US Housing Sector: Micro Foundation

posted by warrenbuffet 1366 days ago in USD, Weekly, Housing made popular 1365 days ago

The mild mid summer bounce in sales activity inside the housing sector has stimulated broad market discussion around whether a bottom is forming in the market.

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Canadian Dollar Rises the Most in a Week as U.S. Dollar Drop

posted by MarcB 1368 days ago in USD, CAD, Oil made popular 1367 days ago

Canada's dollar climbed the most in almost a week as its U.S. counterpart fell against all of the world's major currencies after European Central Bank council member Axel Weber said there's no scope for interest-rate cuts.

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Chart of the Day - 8/27/2008 - USD/CAD

posted by jameschen 1368 days ago in USD, CAD, Technical made popular 1365 days ago

Long-term price action on USD/CAD (a daily chart of which is shown) has come down decisively off the significant downtrend line (in red) that has served as resistance for at least 5 years

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Euro Rises From Low Against Dollar on Weber, Oil Gain

posted by MarcB 1368 days ago in USD, EUR, Oil made popular 1365 days ago

The euro rose from a six-month low versus the dollar as European Central Bank council member Axel Weber said there's no scope for interest-rate cuts and crude oil prices increased for a third straight day.

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USD/JPY Update

posted by jameschen 1368 days ago in USD, JPY, Technical made popular 1367 days ago

As of very early Wednesday (New York session), price on the USD/JPY daily chart, as shown, has once again come close to approaching key support around the 108.50 region this morning during European session

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The Economics of Political Spin

posted by jonnycakes 1368 days ago in USD, Fundamental, Special made popular 1367 days ago

For the last few days as the Democratic convention ramps up, the economic propaganda machine led by the talking heads on CNBC has been in full gear. They are warning us of the dire stock market consequences of an Obama presidency. Spending will b

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Fed’s Lockhart: Inflation “Worrisome” But Likely Transitory

posted by dollardude 1368 days ago in USD, Fundamental made popular 1367 days ago

Atlanta Federal Reserve Bank President Dennis Lockhart called the latest CPI data a “high and worrisome” number Wednesday, although he said that the recent price increases are “more likely to be transitory than persistent.”

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