SAO PAULO (Dow Jones)--The bull may have run its course in Brazil for now, with analysts at Citigroup in Brazil saying in a report Wednesday that the bank's ...
See all stories on this topic
Citi Puts Brazil 2009 GDP At -1.5%; Forex Back To BRL2.00
Source: online.wsj.com
Read more...
BOE exit strategy: raise rates, sell assets or both
Bank of England chief economist Dale says the BOE exit strategy from its super-easy monetary policy is likely to consist of a combination of raising rates and selling assets. Pretty straight-forward, really. Also crossing the wires is news from Germany that its tax take has fallen 7.1% y/y in May....
Risk sentiment helped by reports 10 US banks to repay TARP
Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian...
EUR/USD stops tripped as 1.4070 gives way
Support at 1.4050 is being tested as EUR/USD liquidation continues. Stops below the 1.4070 levels have been trigger on this latest slide. 1.4015 is next support should the pullback extend. One interesting note in EUR/USD: we have not closed below the 10-day moving average since late april. That...
A graphic view of the US labor market
The NY Times had this nice neat graphic view of the decline and bergening recovery in the US labor...
FOREX VIDEO - European Outlook November 17th 2009
Hey everyone, for this video I take a longer term look at Aussie USD, Aussie Yen and Pound Yen. The Yen crosses in general look very interesting, they are extremely congested and I don’t expect that to continue very much longer. The Pound Yen especially is in a very clear apex of a daily trap. I...