AUDUSD stays in a trading range between 0.9157 and 0.9381 and the price action in the range is treated as consolidation of uptrend from 0.8577 (Feb 5...
AUDUSD stays in a trading range between 0.9157 and 0.9381
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Sorry for the lack of updates lately
Hello my dear readers. I’d like to apologize for the lack of blog postings recently. My internet access was down for about 3 days, and before that I was busy moving to a new home. Imagine that, you get all setup in your home and expect the net to work; it does for five hours and then dies. I...
IBM Captures Top Position in Server Sales, Price Hits All-Time High
IBM announced today that according to technology research firm Gartner, IBM captured the top spot in server sales in the fourth quarter of 2011...
US: Don’t rely on US
The various finance ministries are giving background briefings in the run-up to the G7 meeting this weekend. A US Treasury official is on the wires saying the world can’t rely on the US consumer to fuel a recovery. The world is not out of crisis yet and there is still much work to be done....
US Dollar down across the board
By TraderVox.com Tradervox (Dublin) - Euro retraced back below the 1.3100 levels as it was under the pressure all day. It is trading near...
USD weaker across the board in Asian trade
The USD has seen some across the board weakness during Asian trade, EUR/USD presently up at 1.4050 compared to a North American close Wednesday around 1.3985, while cable is up at 1.6420 from around 1.6350. The USD is being underminned by worries major emerging countries (BRICs) may be about to...