USDCAD rebounded strongly from 1.0471, suggesting that a cycle bottom is being formed on 4-hour chart. Another rise to test 1.0676 (Jul 6 high) key...
USDCAD rebounded strongly from 1.0471
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Dukascopy Morning Forex Overview - Oct 5 2009
Previous session overview Demand from importers pushed the dollar up against the yen in Asia Monday, but the U.S. unit’s upside is likely to be limited because the weekend Group of Seven meeting didn’t issue a clear warning about a too-strong yen. The U.S. currency rose slightly to...
Forex Carry Trade Correlation to CRB Index at Record Highs
The Forex Carry Trade correlation to the Reuters CRB Commodities index is now at its highest in at least 10 years, and it seems that recent recoveries in ... See all stories on this...
Consumer sentiment firms a bit but misses expectations
University of Michigan consumer sentiment edged up to 69.0 from 68.7 but it fell short of 69.5 expectations. EUR/USD has dipped to...
Omnicare, PharMerica Shares Weak On FTC Meeting (OCR)
Susquehanna attributes the weakness in shares of Omnicare (NYSE:OCR) and PharMerica (NYSE:PMC) to concerns that their proposed merger may be...
Dollar loses ground as the fear of early Fed rate hikes recedes
10 US banks given the go ahead to start paying off the TARP money. US Wholesale inventories fall 1.4% in April to reach their lowest level since September 2007 US Wholesale sales fall 0.4% in April to reach their lowest level since November 2005 US IBD Economic optimism rises to 50.8 in June from...