In an interview with Jeff Sommer of The New York Times in July 2010, Robert Prechter said that he is convinced that a "market decline of staggering...
3 Reasons Now is Not the Time to Speculate in Stocks
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Fed’s Fisher says will not monetize deficits
The Fed’s Fisher again mindful to not promote profilgate policy has said that the Fed will “do our job” on not monetizing deficits and pushing up inflation pressures. More sporting analogies from the Fed with Fisher saying that the US economy is “out of the end zone”...
Irish PM survives confidence vote
First Gordon Brown survived the worst week of his political life and now the PM of the struggling Republic of Ireland has survived a confidence vote. With Ireland in financial disarray, wide politicians will wait on the sidelines rather than trying to catch a falling knife. EUR/USD is consolidating...
Mexican brewer Modelo says cancels FOREX coverage
MX), which makes Corona beer, said it had been using the FOREX instruments to shield it from sharp fluctuations of the peso against the dollar. ... See all stories on this...
Reviewing Last Week - BBFX
Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from...
French April trade deficit better than expected
French April trade deficit came in at -3.79 bln euros, better than the median forecast of -4.5 bln euros. EUR/USD continues to do well, presently at...