GBPUSD breaks below 1.5350 support and the fall from 1.5815 extends to as low as 1.5190 level. Deeper decline is still possible ...
GBPUSD breaks below 1.5350
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Estonian PM: Does not expect devaluation in Latvia
The Estonian Prime Minister Andrus Ansip is in upbeat mood. He does not expect his Baltic neighbour Latvia to have to devalue the lat and sees signs the situation there is improving. He believes Latvia will continue to cut expenditures. Even if there were a Latvian devaluation, Ansip...
FOREX VIDEO REVIEW: London Session July 28th, 2009
Since the weekend I had spoken in length in the London FXBootcamp session about seriously developing 4hour MACD divergence on every Japanese Yen pairing I could pull up. About a third of the way into today’s London session we began to see hints of a change in direction, such as USD/JPY having...
Weber: ECB to absorb excess liquidity as quickly as possible
No surprise here: the president of the Bundesbank says that the ECB will absorb the excess liquidity it has created quickly, saying the measures that bank used allow for easy reversal. He does see some signs that the intensity of the downturn is subsiding though the crisis will put strain on global...
‘Lunchtime’ Forex trade video + big giveaway
Read every word of this post because it has BIG NEWS for you if you trade Forex (or have always wanted to)… *** BIG NEWS ITEM #1 *** I just got my hands on Part 3 of Bill Poulos’s new Forex training video series. This one is cool, and very unique… it shows a “live”...
Navistar International Misses Estimates And Cuts Guidance (NAV)
3-8-12-Navistar International (NYSE:NAV) reported a fiscal Q1 loss of $2.08 per share, missing estimates by $1.80.Revenues in the quarter rose...