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British Interior Minister Jaqui Smith to step down at next government reshuffle - source
Wires seem to be confirming what we already pretty much knew, that Jaqui Smith is toast. The much loved UK interior Minister is to step down at the next cabinet reshuffle. Cable seemed to rally off the news, or was I imagining it. Cable up at 1.6540. Resistances 1.6550/55 and...
Nikkei and Kospi both over 1% lower in early trade
The Japanese and Korean equity markets have picked up again on the negative sentiment from yesterday and are both over 1% lower in early...
Energy Development Corporation (EDC) Bulls Ready To Be Awaken
Energy Development Corporation or EDC in the Philippine Stock Exchange has been consolidating sideways for 5 months now after a good run up...
UK economy weak but improving
That would seem to sum up the prognosis for 2009-2010 from the Confederation of British Industries. Sterling is steady this morning at 1.6440 and .8515 against the USD and EUR...
Daily Forex Outlook - FED remains Dovish, USD Weak
U.S. Dollar Trading (USD) was on the back foot as stocks rallied around the world and the Federal Reserve left rates at 0.25% and stating that rates would remain low for an extended period of time. ADP October Employment Report was -203k vs. -188k previously. Also released, ISM Services forecast at...