Consumer borrowing falls by $7.94B in November
Consumers cut back on their borrowing by a record amount in dollar terms in November, another sign of trouble for the rapidly weakening economy.
Currencies Trading All Over the Map
Currencies including the dollar and the euro have entered a period of extreme volatility that is hindering global commerce and adding further uncertainty to a world economy facing its worst downturn in decade.
Pick of the Day: USD/JPY
Greetings and Happy New Year! I'm back and it looks like currencies are back to their volatile ways. For my first trade of the year, I'm going short USD/JPY. Let's take a look at the fundamental and technical reasons why I think this pair may con
Fed: Economic woes will last despite radical moves
Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for
Daily Market Commentary - 06/01/2009
EUROThe euro moved extended its sharp slide vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3310 level and was capped around the $1.3660 level. The common currency has now fallen about fourteen big figures in
MOT #76 - Which Comes First - Wealth or Wisdom?
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...
EU faces deepening energy crunch over Russian gas
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.
Don't get used to cheap oil, analysts say
All that money you're saving these days at the gas pump? You might want to put it in the bank.



