odell

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Consumer borrowing falls by $7.94B in November

posted by odell 3 hours ago in USD, Fundamental, Consumer

Consumers cut back on their borrowing by a record amount in dollar terms in November, another sign of trouble for the rapidly weakening economy.  read more

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Currencies Trading All Over the Map

posted by odell 1 day 47 minutes ago in USD, Sentimental, Special made popular 20 hours ago

Currencies including the dollar and the euro have entered a period of extreme volatility that is hindering global commerce and adding further uncertainty to a world economy facing its worst downturn in decade.  read more

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Pick of the Day: USD/JPY

posted by MarcB 1 day 10 hours ago in USD, JPY, Technical made popular 1 day 2 hours 28 minutes ago

Greetings and Happy New Year! I'm back and it looks like currencies are back to their volatile ways. For my first trade of the year, I'm going short USD/JPY. Let's take a look at the fundamental and technical reasons why I think this pair may con  read more

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Fed: Economic woes will last despite radical moves

posted by odell 2 days ago in USD, Fundamental, GDP

Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for  read more

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Daily Market Commentary - 06/01/2009

posted by einvestorsforumfx 2 days ago in Daily, Trading

EURO
The euro moved extended its sharp slide vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3310 level and was capped around the $1.3660 level. The common currency has now fallen about fourteen big figures in  read more

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MOT #76 - Which Comes First - Wealth or Wisdom?

posted by wiredprg 2 days ago in Trading

Comment on this episode and more here:http://www.tradingpostfinancial.com/mot-------From the beginning of time the most successful individuals have had a common thread of applying wisdom to every action they attempt.T...  read more

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EU faces deepening energy crunch over Russian gas

posted by PipChecker 2 days ago in USD, Trade

Europe faced a deepening energy crunch and more sub-zero temperatures on Wednesday, with Moscow and Kiev showing little sign of a swift resolution of a pricing dispute that has slashed Russian gas supplies to the West.  read more

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Don't get used to cheap oil, analysts say

posted by odell 2 days ago in USD, Oil made popular 1 day 23 hours ago

All that money you're saving these days at the gas pump? You might want to put it in the bank.  read more