By By our correspondent KARACHI: The surge in the crude oil price threatens to drain foreign reserves of the country, which will result in more loans being ...
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Oil price surge threatens forex reserves
Source: www.thenews.com.pk
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ECB and IMF now join in the chorus
Last week it was Angela Merkel and Ben Bernanke warning of the dangers of persistently low rates and easy monetary policy. Now the ECB is plotting it’s ‘exit’ strategy and the IMF sees a global economy turnaround later this year. 2-year Treasury yields have roared higher and the...
AUD/JPY and EUR/CHF leading indicator history, 2002-2009
This is a follow-up report on the predictive feature discovered in the correlation analysis of AUD/JPY and EUR/CHF. The feature was found by studying the time-integrated correlation of logarithmic returns in the two time series. A detailed time-evolution study is necessary to tell whether this...
Oanda adds trailing stop loss to Forex Trading Platform.
By CountingPips.com - Oanda, a popular forex broker, has added trailing stop losses to its trading platform this...
Dukascopy Morning Forex Overview - Sept 23 09
Previous session overview The U.S. dollar tumbled across the board in Asia on Wednesday, hitting fresh annual lows against the euro, the New Zealand dollar and the Australian dollar ahead of the latest update on monetary policy by the U.S. Federal Reserve expected later in the day. After a shaky...
Biden: Obama to ramp up stimulus on Monday
It is unclear whether they are looking for more money or are shifting spending from the “out years” into this year. Given that the economy looks like it is recovering organically (with a big assist from the Fed), the stimulus will likely come too late to help much, as...