FreshPips.com / User / MarcB / Voted

Big rate cuts will not prevent 20% house price falls in 2009

posted by grink 1311 days ago in GBP made popular 1310 days ago

House price falls will intensify next year even if the Bank of England slashes interest rates to as low as 2.5%, a major economics consultancy has warned.

Discuss

Foreign Currency Doesn't Suffer from a Global Recession

posted by thegearedinvestor 1311 days ago in Sentiment, Special, Trading Psychology made popular 1307 days ago

I just took a look at the headlines and noticed that the Nikkei just plummeted more than 7% in early Japanese trading because of global recession fears. News flash: This isn't breaking news. Situations like this make me so glad that my financi

Discuss

Dollar to Drop 8% Against Yen as Carries Unwind, Barclays Sa

posted by MarcB 1311 days ago in USD, JPY, Daily made popular 1307 days ago

The yen may strengthen 8 percent by March 2009 to 90 per U.S. dollar as investors dump higher- yielding assets funded in Japan and bring their cash home, Barclays Capital said.

Discuss

Canada Rate Cut: Will it Increase Losses Against US Dollar?

posted by thegearedinvestor 1313 days ago in USD, CAD, Technical made popular 1313 days ago

At 9 AM EST Canada will likely cut rates 50 basis points from 2.50% to 2.0% in an effort to stimulate the ecomony. This comes after an unexpected but seemingly necessary rate cut on October 8th. This has the possibility to extend the losses we

Discuss

Canadian Dollar Mixed against Majors

posted by twilight 1314 days ago in CAD made popular 1313 days ago

n early trading on Tuesday, the Canadian dollar dropped to a 4-day low against its Japanese counterpart. The Canadian currency also weakened against the greenback, but climbed against its European and Australian counterparts.

Discuss

Swiss exports fall in September, hit by global slowdown

posted by princesa 1314 days ago in CHF made popular 1313 days ago

Swiss exports fell sharply in September, according to data on Tuesday that indicated the Swiss economy was being hit by the global economic downturn.

Discuss

MOT #65 - We Need To Do What We Have Never Done Before

posted by wiredprg 1314 days ago in Trading Psychology made popular 1313 days ago

Don't forget to check out the new Mind of a Trader blog!http://www.tradingpostfinancial.com/mot-------By seeing the areas that we have strengths and keeping them on a path of growth along with honestly working on those areas that...

Discuss

Deflation is the Warm Up; Inflation is the Game

posted by simitpatel 1314 days ago in USD, Fundamental, Special made popular 1313 days ago

A big picture look at the US dollar and the economic crisis, and how the current deflationary trends may be a prelude to an inflationary depression.

Discuss

Oil Climbs Above $73 A Barrel

posted by MarcB 1314 days ago in USD, Daily, Oil made popular 1314 days ago

Oil prices climbed again on Monday as traders showed they expect the Organization of Petroleum Exporting Countries to lower production later this week. Light sweet crude for November delivery moved to $73.52, up $1.67 for the session. Crude touch

Discuss

Bernanke endorses fiscal stimulus

posted by pipsmgee 1314 days ago in USD, Fundamental made popular 1314 days ago

Another shot of fiscal stimulus may be needed now to help the U.S. economy recover from what could be a drawn-out slowdown, Ben Bernanke said Monday.

Discuss

Recession stalks UK, threatens global economy

posted by princesa 1314 days ago in GBP made popular 1314 days ago

More warnings about the fragile state of the UK and world economies were offered on Monday as a global recession became a more realistic prospect.

Discuss

Economic Recovery May Be Long Drawn Out Process

posted by MarcB 1315 days ago in USD, Sentiment, Daily made popular 1314 days ago

Markets are exhibiting extreme volatility, as traders remain uncertain about how macroeconomic conditions will pan out. The Federal Reserve and governmental actions instead of calming the markets served to aggravate fears of a looming recession.

Discuss