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 settlement volumes rise in May - CLS
LONDON, June 16 (Reuters) - The average number of daily foreign exchange payment instructions rose in May, reversing a slide in April, ... See all stories on this...
Optimizing the forex trading system parameters: GBP/USD revisited
After important changes to the trading system optimization methodology, I am revisiting the case of GBP/USD on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD and USD/JPY studies, is used. The extended, more conservative threshold...
Speculation over early Tarp repayment boosting risk sentiment
It is always interesting to see which story grabs the markets attention in early New York trading and with the market in recent weeks in optimistic mode, maybe it should come as no surprise that the news that the US Treasury is hoping that ten banks can repay their Tarp funds early, is adding to...
USD/JPY Hits 3-Month Low amid Poor US News
Source: ForexYard The USD/JPY hit a fresh 3-month low today, as worse than expected news out of the US continued to weigh down on the pair....
“Enormous Consolidation” Expected in Gold Mining in 2012
“Enormous Consolidation” Expected in Gold Mining in 2012 by Justin Dove, Investment U Research Friday, November 11, 2011 In...