By Ethan Cruz – Have you actually wondered why is it that quite number of traders succeed inside the forex trading market while 90% of foreign...
Ten Factors That are Preventing You From Lucrative Fx Trading
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Lacker: Don’t need to buy more bonds if curve steep on outlook
If the US yield curve is steepening on the back of a brighter economic outlook than there is no need for the Fed to add to its purchases of Treasury notes. Higher rates will be needed when economic growth turns positive, Lacker says. Yields will be in focus this afternoon as the government auctions...
Gas Prices Slide After Days of High Prices .mp4
In a report by CNN Money, gas prices nationwide slid. This marks the first price fall after 27 days straight days of high prices, according to...
Beazer Homes USA Reports Profit; M/I Homes, A Net Loss
This morning Beazer Homes USA (BZH) reported net income of $0.7 million, or diluted earnings per share of $0.01 versus a loss in the first quarter...
Better demand for Long Bond this time around
The 30-year bond was in much better demand this time around than it was a month ago. The bid to cover was 2.68 and the yield was 4.72%. Indirect bids were high, taking nearly half the auction, so higher rates must be attracting fresh investment. Risk assumption is alive and well, sending the dollar...
AUDUSD pulled back from 1.0385
After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend...