GM says the bottom of the car market comes this spring. The NAHB said the same about housing earlier today. Hope they are right EUR/USD is firm, as are equities. EUR/USD trades at 1.4315 while the S&P is up 0.4%.
Automakers join Realtors in calling a market bottom
Source: www.forexlive.com
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FOREX-Dollar gains vs euro and yen after US job report
The market is bailing out of euros now," said Brian Dolan, chief currency strategist at Forex.com in Bedminster, New Jersey. "The view here is that these ... See all stories on this...
Forex: EUR/USD falls sharply on Friday
The Dollar rose against the Euro erasing Thursday's losses. EUR/USD fell to 1.4700 (intra-day low) but failed to break below. The Euro did not hold above 1.4800 and weakened. The fall in stocks helped Greenback that finished the week higher for the first since late September EUR/USD finished...
FOREX Market Buzz: Wayne McDonell of FX BOOTCAMP
Now Playing: New York Forex Market Buzz - FXBOOTCAMP’s Wayne McDonell Discusses Trading In Low Liquidity Environment The VIX lost 1.1 percent to 25.65 at 12:57 p.m. in New York. Wall Street?s largest bond-trading...
EUR/USD technicals
Not much in the way of support until the 20-day MA at 1.3890 but it is the previous low at 1.3800 and the 38.2% retracement at 1.3780 which provide the stronger base. Resistance levels are also scarce until 1.4050/65, a prior high/low...
Forex news: dollar slips vs majors on Asian stocks increase
Thursday, during early Asian deals US currency lost ground against its main rivals as gains in Asian stocks boosted investors to turn toward higher-yielding assets. Asian shares edged up today as investors continued to favor riskier assets on further signs that the global economy is picking up,...