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Bernanke: Central Bankers' Bob the Builder?

posted by odell 898 days ago in USD, Fundamental, Weekly made popular 897 days ago

Axel argues Ben may want Bob's job - that's Bob the Builder, for those who know the children's character. While lighthearted in tone, the implications may be far from it.

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Euro Loses Sharp Gains Vs Dollar, But Up On Day

posted by odell 899 days ago in EUR, Fundamental

The euro has reversed earlier advances against the dollar late Tuesday morning, but remains up on the day. Better-than-expected data releases had led the higher-yielding euro to it highest level this week against the dollar as traders sold the bu

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EUR/JPY

posted by odell 971 days ago in EUR, JPY, Technical made popular 971 days ago

US Jobs data just came out and the US economy only lost 345K jobs (much less than forecast) and the unemployment rate came it at 9.4%. The markets took this as a sign that the recession is abating.

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Wachovia Weekly Economic and Financial Commentary

posted by odell 993 days ago in Fundamental, Weekly made popular 993 days ago

The dollar got smacked this week. For example, the euro rose to its highest level vis-à-vis the greenback since the beginning of the year (see graph at the left). The euro did receive a bit of a boost from some stronger-than-expected data.

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Market-Based Stress Test May Relieve Anxiety

posted by odell 1011 days ago in USD, Fundamental, Weekly made popular 1011 days ago

The stress test may be causing more harm than good. Why? Regulators should always have a good assessment of the health of financial institutions. If there are deficiencies in the process applied to regulate banks, then the process for the system

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What Is Driving USD/JPY Higher?

posted by odell 1077 days ago in USD, JPY, Special made popular 1077 days ago

Since the beginning of the month, the US dollar has skyrocketed against the Japanese Yen. The strength of the currency pair has baffled nearly all forex traders.

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Economists see deeper recession, upturn starting this year

posted by odell 1083 days ago in USD, Fundamental, GDP made popular 1082 days ago

A survey of leading economists finds them now forecasting a far deeper and more painful recession ahead in the first half of the year, but a modest pickup in the second half of 2009, followed by a solid recovery in 2010.

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Fed downgrades economic forecast for this year

posted by odell 1088 days ago in USD, Fundamental, GDP

The Federal Reserve on Wednesday sharply downgraded its projections for the country's economic performance this year, predicting the economy will actually shrink and unemployment will rise higher.

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Confidence More Important Than Gold

posted by odell 1095 days ago in USD, Sentiment, Weekly made popular 1095 days ago

In a rare interview with Western media, Wen Jiabao, the Chinese premier, told the Financial Times,
'Confidence is the most important thing, more important than gold or currency'
Investors and entrepreneurs take risks in search of profit opportu

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Cowabunga System Daily Update: Thursday, 02/05/09

posted by odell 1101 days ago in JPY, GBP, Technical made popular 1100 days ago

Today was another good day for me as I was able to grab +75 pips off of 1 trade today. See how it all went down in today's Cowabunga Surf Report.

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Vital Information You need Before You Start

posted by odell 1101 days ago in Trading Psychology made popular 1101 days ago

Since BabyPips is mainly a trading community for traders in training, I thought I would do a series of posts, over the coming weeks, covering some basic stuff. So let's gets started by finding a good source of Forex education. In this article, I

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Cowabunga System Daily Update: Wednesday, 02/04/09

posted by odell 1101 days ago in GBP, Technical

See how the Cowabunga System worked out for me in today's Cowabunga Surf Repor

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