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EURUSD: ECB Expected to Cut 50bp - How Will the Euro React?
The European Central Bank is widely expected to lower the benchmark interest rate by 50bp to 3.25% from 3.75% following the coordinated rate cut on October 8th. ECB President Trichet joined Fed Chairman Bernanke last month in a joint effort to re
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What Obama Is Inheriting—And What He Might Do
Barack Obama's presidential election victory comes with an albatross of a prize—an economy beset by a stubborn housing slump and the worst financial crisis in 70 years. 5
Dollar Declines Against Euro on Contraction in U.S. Services
The dollar fell against the euro as a contraction in U.S. services increased speculation that the Federal Reserve will cut the target lending rate by a half- percentage point next month. 5
Currency Changes Deplete Canada's Official Reserves
Canada's international reserves shrank by almost $1.6 billion in October, largely as the result of currency revaluation, the federal finance department reported Wednesday. 5
Five Trading Behaviors I'm Seeing Among Traders Making Money
As I'm writing this, the ES futures are lock limit down and my email count is off the charts. Lots of fear, not much greed: fear, not only for one's trading, but for retirement savings and the economy. Most of people's money is tied up in some co 5
Has the Dollar Topped Out?
In the face of Thursday’s 200 point positive and negative swings in the Dow, it could be argued that the US dollar has been relatively stable if you 5
Canada CPI continued growing at a fast pace in September
Consumer prices have continued growing at a strong pace on high energy and food prices, according to figures released by Statistics Canada. 5
UK Economy Contracts For First Time Since 1992
Friday, the pound slumped to a new record low against the euro after a report showed that the UK economy contracted for the first time since 1992 in the third quarter. The third quarter GDP also dropped more than economists expected. The pound al 
