The US Federal Reserve prints it’s FOMC statement tomorrow at 2:15pm EST. After the Fed’s last FOMC announcement, we saw the futures [...]
Think Like a Dealer - FOMC Wednesday
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Ahmadinejad wins election, State media reports
Not so fast, says IRNA, the Iranian official media outlet. They say Ajad has won the election. Turnout was extremely high in the election, according to media reports, so unrest is possible if credible claims that the election was stolen can be made. Could be an interesting weekend in...
AUDUSD may be forming a cycle bottom at 0.9537
AUDUSD may be forming a cycle bottom at 0.9537 level on 4-hour chart. Range trading between 0.9537 and 0.9700 would likely be seen in a couple...
Euro Set For the Worst Weekly Drop against Yen in 7 Months
By TraderVox.com Tradervox (Dublin) – The 17-Nation currency has dropped most in seven months against the yen due to concerns about...
Treasury yields lower ahead of auction
Despite a 30-year Treasury auction (results due at the top of the hour), US yields are slightly lower on the day. 10-year notes, the market benchmark, are yielding 3.93%, down from 4.00% after upbeat retail sales and jobless claims reports. Usually rates rise ahead of auctions as primary dealers...
USD/JPY Underperforms in Reaction to Japan Airlines News
By Fast Brokers – The Dollar is continuing its strong performance against the Yen as investors speculate that Japan Airlines will need...