From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that interest...
US Treasury Yields in a Tug of War
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US Q1 Bankruptcies up 10% Q/Q
A few minor economic reports have come out over the session. Firstly US Q1 bankruptcy filings rose to their highest level since 2005, up 10% from Q4 2008. The Philadelphia Fed survey of economists said that the US economy should return to growth in H2 2009, but they also expected the unemployment...
USD/CHF Mid-Day Outlook - Forex Trading, Currency Forecast, FX ...
USD/CHF recovers in early US session but after all it's still limited below 1.0224 minor resistance. Intraday bias remains mildly on the downside for the moment and fall from 1.0337 might extend further. But still, downside should be contained above 1.0032 support and bring rise resumption. Above...
FOREX: Ringgit Lower Against US Dollar In Early Session
KUALA LUMPUR, June 8 (Bernama) -- The ringgit was lower against the US dollar in the early session today on lack of commercial interest for the local unit, ... See all stories on this...
AUDUSD is testing channel support
AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the rise from...
Canadian Employment Sees Sharp Contraction
Source: ForexYard The data released by Statistics Canada this morning highlighted the first contraction in Canadian employment since...