Here’s an interesting perspective from istockanalyst. The rise in the VIX correlates almost perfectly with the drop in google searches for Mr Roubini.
Roubini index Vs VIX- or are they one and the same?
Source: www.forexlive.com
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Yen cross selling sees USDJPY back under 98.00
Selling of Yen crooses has weighed on the USDJPY sending it back below 98.00 and towards the first line of support at 97.80. There are some range traders on the bid here at 97.80. However Japanese traders are looking at 97.50 as the pivot point with the base of the ichimoku cloud coming in at...
FOREX VIDEO - European Outlook October 28th 2009
Hi everyone, for this outlook I go back to drawing on my old favorites; Euro Pound and Cable. Cable has been consolidated the last few days after some reasonably dramatic moves. I don’t expect this consolidation to continue and build a trade plan around a price trap break out. Not quite as simple...
German finance minister: Unhappy if stability pact brought into question
The EcoFin meeting is getting underway and with it comes the usual blizzard of headlines from the assembled finance ministers. On the tape now is German Finance Minister Steinbrueck, who says that he would be unhappy if the credibility of the growth and stability pact (which limits budget deficits)...
Analyst Moves: CA, AAPL
CA (CA) today had its estimates and price target raised by Credit Suisse (CS) to $24, as the company has been experiencing higher realized margins....
U.S. Nonfarm jobs fall less than expected, Unemployment rate at 9.4%. US Dollar gains in Forex after report.
Friday, June 5th - The Department of Labor nonfarm payrolls report showed that U.S. payrolls shed 345,000 jobs in...