US Dollar Under Pressure Prior to Payrolls Report The euro and high-yielding currencies held firm on Friday after an improvement in US housing and jobless.
Forex Trading: U.S. Dollar Under Pressure Prior To Payrolls Report ...
Source: www.dailymarkets.com
Read more...
Chinese Leaders Comment on 2012 Monetary Policy
Top Chinese officials have recently made public comments on the direction of monetary policy in China for 2012. China’s President,...
EUR/USD, Cable bounce from lows
EUR/USD is bouncing, now at 1.4030 from lows in the 1.4010 region. Dealers report another batch of stop-loss sell orders just below the 1.40 level. Cable traded down to 1.6000 before bouncing to 1.6030. Commodities have turned lower on the day and stocks are threathening to do the same. US bond...
Euro Stabilizing
Source: ForexYard The euro has made reasonable gains against the greenback during Thursday trading. Per usual, the Greek debt crisis is the...
Avon Earnings Missed Big, Andrea Jung Will Stay as the Chairwoman
Avon missed on its 4th quarter earnings. Analysts expected top line of $3.11B and the result was $3.04B. Actual EPS came in at 39c while the...
US Q1 Bankruptcies up 10% Q/Q
A few minor economic reports have come out over the session. Firstly US Q1 bankruptcy filings rose to their highest level since 2005, up 10% from Q4 2008. The Philadelphia Fed survey of economists said that the US economy should return to growth in H2 2009, but they also expected the unemployment...