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G-8 starts planning stimulus exit strategies on recovery signs
The Group of Eight nations began considering how to reverse the emergency steps they took to rescue the world economy as it shows signs of...
FOREX: Ringgit Starts Slightly Lower Versus Greenback
KUALA LUMPUR, June 15 (Bernama) -- The ringgit was slightly lower against the US dollar in early trading today due to continued buying of the greenback as a ... See all stories on this...
Euro surges on the developments of Greek deal
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I’m reducing my long USD/CHF position
I have been in the money on this trade for a total of about 11 minutes and that is starting to grate. EUR/CHF is grinding lower and everyone I know is either long or square EUR/CHF, which is a bit of a worry. With cable and AUD/USD showing no signs of backing off, I’m reducing this position...
Risk / Reward Thoughts Going Into the NFP Data
Going into tomorrow’s US NFP data there are two themes driving my thinking. The first is that NFP Data is not nearly...