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German business confidence posts surprise increase

posted by sassygirl 611 days ago in EUR

German business confidence posted a surprise increase in September, despite signs that global economic growth is flagging, a key survey released Friday showed.

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It's mind over markets for second Fed easing effort

posted by Nica 611 days ago in USD made popular 611 days ago

Wall Street is eagerly anticipating another round of easing measures from the Federal Reserve, but the most visible results of new Fed action could materialize in investors' minds; not their pockets.

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Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

posted by Precisetrader 611 days ago in Technical, Daily made popular 611 days ago

EURJPY closed @ 11235 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 2. The Hourly Oscillators are Bearish but Weak and t

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Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

posted by Precisetrader 611 days ago in Technical, Daily made popular 611 days ago

EURUSD closed @ 13315 which was BELOW the open and was within prior day's trading range. The High was 20 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Hrly Level. The Hourly Oscillators are Bearish and the

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Will More Asset Purchases and Intervention be Effective?

posted by domyouji 611 days ago in USD made popular 611 days ago

Mixed economic reports led to inconsistent price action for the U.S. dollar against the major currencies.

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Oil prices rise

posted by ceronueve 611 days ago in Oil made popular 611 days ago

Oil prices rose after two reports provided some hope for the economic recovery strengthening.

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Obama pursues currency spat with China

posted by butterscotch 611 days ago in USD made popular 611 days ago

President Barack Obama said on Thursday that US co-operation with China has helped ease global financial turmoil, but behind closed doors he and Premier Wen Jiabao continued wrangling over American charges that China's currency is undervalued.

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German Business Confidence May Wane as Economic Recovery

posted by BloodDiamond 611 days ago in EUR made popular 611 days ago

German business confidence probably fell from a three-year high in September as a global slowdown damped the country’s export-driven recovery.

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Gold holds near record high

posted by babyblue 611 days ago in Gold made popular 611 days ago

Gold held near record highs on Thursday, eyeing a breach of $1,300 an ounce, while silver flirted with 30-year peaks as the threat of currency devaluation lifted interest in the metals as a safe store of value. Spot gold was bid at $1,292.00 an o

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Yen Weakens on Speculation Japan Will Intervene to Curb Gain

posted by aranel 611 days ago in JPY made popular 611 days ago

The yen fell against 15 of its 16 most-traded counterparts on speculation Japanese officials will sell the currency after intervening in the market last week for the first time in more than six years.

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To euro's founding father, floating currencies 'don't work'

posted by andes 611 days ago in USD, EUR made popular 611 days ago

Flexible exchange rates don't work any more than fixed exchange rates do, Tommaso Padoa-Schioppa, known as the founding father of the euro, told a group of global banking regulators gathered at the Federal Reserve Board of Chicago on Thursday.

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Daily Chart Art - September 24, 2010

posted by gosspipgirl 611 days ago in Technical, Daily made popular 611 days ago

This is Big Pippin' checkin' in with the daily chart art. EURCHF, GBPJPY, and EURUSD in the house, yo! Will these pairs pump it up or drop it low? Check 'em out!

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