Sterling hit a seven-month high against a broadly weaker dollar on Tuesday as surprisingly strong figures on the US housing market fuelled speculation the ...
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Forex Daily Analysis
Source: www.forexhound.com
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Analyst Moves: BEN, CMG
This morning, UBS raised its price target on shares of Franklin Resources (BEN) to $113 per share as funds are flowing in at a faster rate...
GBP/USD Drops on Rising Volume
By Fast Brokers - The Cable is pulling back on rising volume along with the EUR/USD, raising a red flag as far...
Lockhart sees second-half recovery; Fed will meet inflation objective no matter the environment
Atlanta Fed President Lockhart, a relative hawk, frets that some of the bond rate back up in recent weeks is tied to the fear that the Fed will monetize the debt. He warns that fiscal imbalances will make the Fed’s pursuit of stable growth and prices more difficult. US equities are firmer and...
Forex News and Rumors
The US government is expected to announce today which of the banks that received funds under the Troubled Asset Relief Program (TARP), are now strong enough ... See all stories on this...
USD/JPY Daily Outlook
Daily Pivots: (S1) 88.97; (P) 90.16; (R1) 90.83; USD/JPY’s dived to as low as 88.23 before turning sideway. At this point, intraday bias remains on the downside and fall from 97.77 is still expected to continue. Next target will be 87.12 key support level. On the upside, above 89.90 minor...