Feedback Form

Avatar ForexPlaybook

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

Obama Signs FinReg: 'No More Bailouts'

posted by Avatar ForexPlaybook 675 days ago in USD, Special

President Obama signed the financial reform bill into law today, issuing a strong, though not especially credible statement regarding future bailouts: "There will be no more taxpayer-funded bailouts. Period."  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Stress Tests May Add to Swiss Bank Intervention Losses

posted by Avatar ForexPlaybook 675 days ago in USD, EUR, CHF

The Swiss National Bank's intervention efforts aimed at weakening the franc relative to the euro has resulted in $13.3 billion dollars in losses. However, the real pain may still await the central bank ahead of the eurozone's stress test results  read more
13 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Merrill Lynch: USD/JPY to Test 14-Year Low

posted by Avatar ForexPlaybook 675 days ago in USD, JPY, Fundamental made popular 675 days ago

The US dollar may trade at a 14-year low against the Japanese yen, as diverging monetary policies between the Federal Reserve and the Bank of Japan take hold, according to Bank of America Merrill Lynch.  read more
19 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

RBS: Euro Peaking Amid 'Fragile Confidence'

posted by Avatar ForexPlaybook 676 days ago in USD, EUR, Fundamental made popular 676 days ago

Royal Bank of Scotland warns that the euro is nearing its peak, as "fragile market confidence" remains at the fore.  read more
16 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Crude Oil Tests Resistance on Summer Demand Bet

posted by Avatar ForexPlaybook 676 days ago in USD, Technical, Oil made popular 676 days ago

Crude oil is rising for the second consecutive day, as traders bet that summer demand will outpace expectations.  read more
17 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Goldman Sachs Posts Huge Earnings Miss

posted by Avatar ForexPlaybook 676 days ago in USD, Fundamental made popular 676 days ago

Further evidence of weakness among global banks came in the form of a huge earnings disappointment issued by Goldman Sachs (NYSE: GS) earlier today.  read more
8 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BNP Paribas: USD/JPY Heading to 84.95

posted by Avatar ForexPlaybook 676 days ago in USD, JPY, Fundamental made popular 676 days ago

The US dollar may trade at an eight-month low against the Japanese yen, as concerns of a faltering US economy mount, according to BNP Paribas.  read more
45 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Forex Signal: GBP/USD May Retrace Toward 1.50

posted by Avatar ForexPlaybook 677 days ago in USD, GBP, Technical made popular 677 days ago

The British pound is losing ground against the US dollar at this hour, as the decline from recent highs near the 1.55 handle continue in trading today.  read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Bank Stress Tests a 'Lose-Lose' for Euro

posted by Avatar ForexPlaybook 677 days ago in USD, EUR, Fundamental made popular 677 days ago

The euro will fall against all currencies ahead of the "lose-lose situation" that the bank stress tests in the eurozone create, according to High Frequency Economics.  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

George Soros: Too Early to Withdraw Stimulus

posted by Avatar ForexPlaybook 677 days ago in USD, Fundamental

Renowned investor George Soros says that US lawmakers should refrain from ending stimulus measures, as the economy has yet to strengthen sufficiently to take it off of life support.  read more
21 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Karen Jones: EUR/USD May Reach 1.35

posted by Avatar ForexPlaybook 677 days ago in USD, EUR, Technical made popular 677 days ago

The euro may strengthen to 1.35 against the US dollar based on technical indicators, according to Commerzbank.  read more
11 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Homebuilder Sentiment Worsens in July

posted by Avatar ForexPlaybook 677 days ago in USD, Fundamental, Housing made popular 677 days ago

The National Association of Home Builders index declined in July to a reading of 14 from a downwardly revised reading of 16 in June.  read more