By Fast Brokers - The USD/JPY is turning south from our 3rd tier downtrend line as we notice a Dollar appreciation across [...]
USD/JPY Bows to Our 3rd Tier Downtrend Line
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Brazil: Is the Samba Over?
By The Sizemore Letter Brazil is world renowned for its beaches, its potent caipirinhas and, of course, the Rio de Janeiro Carnival. And onto...
Chevron Phillips Chemical to Build Plant
Chevron Phillips Chemical Co. (NYSE:CVX) announced Monday its plan to build a plant capable of generating up to 250,000 metric tons of a...
February 2010 issue of Currency Trader magazine is here
Just a brief news update to let you know that the February 2010 issue of Currency Trader Magazine is out. The magazine can be obtained for free but you gotta register with your e-mail address to download the magazine (it comes in PDF format.) You can get this month’s issue over...
Lockhart unsure whether supports more Fed bond buys
Atlanta’s Lockhart says he’s unsure whether to support further buying of Treasuries by the Fed. He’s concerned that housing demand will be hurt by rising rates. One factor will be sentiment on debt monetization, something he opposes. Given how well buying Treasuries worked in...
Citigroup to close proprietary-trading desk
Citigroup will close a proprietary-trading desk that makes bets with the firm’s own money and most of the unit’s staff will leave...