Forex Trading: USDSGD Bounces Off 200day · Forex Trading: USD/SGD Finds Resistance @ 38.2% On Hourly · Forex Trading: USD/CNH Re-testing Lows · Forex Trading: AUD/JPY Tests Support @ 81.905 · Forex Trading: USDCHF Holds ...
Forex Trading: Eurozone M3 Money Supply Up 1.6% Vs 2.2 ...
Source: www.dailymarkets.com
Read more...
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...
Leveraged bailout resumes in EUR/USD
EUR/USD is trading in soimilar fashion to Wednesday when hedge funds headed for the exits en masse. Bids at 1.4100 are being absorbed. 1.4070, the spike low from yesterday is the next focus. Large stops are perched below that...
Quiet start to interbank Monday
The disturbances in Iran have some traders talking of a possible risk-aversion play this morning but the USD is only slightly firmer, 1.40 against the EUR versus a 1.4020 close on Friday night, and EUR/JPY is only slightly lower, 137.70 versus a 137.90 close. All in all, the early interbank session...
EUR/USD Down for a Second Day as Productivity Grew
EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121. Initial jobless claims were at 621k last week, down from 625k...
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...