Forex Technical Analysis EUR/USD is in a downtrend, after peaking at 1.5146 (Nov .25,2009). Technical indicators are descending, and trading is situated ...www.actionforex.com/.../forex-technical-analysis-201008271...
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Forex: EUR/USD: Euro post weekly gains
Despite a decline on Friday, the Euro ended the week 0.79% higher against the Dollar. EUR/USD finished Friday trading in a range between 1.4830 and 1.4850. The Dollar failed to confirm a break below 1.4700 and on Wednesday the Euro rallied after the FED decided to leaves rates unchanged but on...
General Mills Cuts Forecast Citing ‘Weak Volume’
General Mills (NYSE:GIS) lowered its annual EPS forecast citing ‘weak volume,’ on Friday. The company now sees adjusted 2012 EPS of...
Cable slides in early trade
Cable is starting the new week on the defensive, presently down at 1.5810. The Centre of Economics and Business Research, in its latest UK prospects, is predicting the Bank rate will remain at 0.5% until 2011. They also expect the Old Lady to do further quantitative easing, feeling that the...
USD/JPY: Decent sized buying interest 97.00/25
The JPY crosses are proving to be very stable at lofty levels with GBP/JPY now consolidating well above 160 and AUD/JPY trying to form a foothold above 80. The USD bears are being cancelled out by the JPY bears which should mean that USD/JPY continues to range trade both in the short and medium...
Petrobras: The Real Winner From Brazil’s Offshore Oil Boom
Petrobras: The Real Winner From Brazil’s Offshore Oil Boom by Mike Kapsch, Investment U Research Thursday, January 26, 2012 Several miles off...