By eToro – Strong sentiment combined with a austerity vote in the Italian upper house, pushed the Euro above 1.30, and to resistance at 1.3094. The...
Forex Daily Market Review July 30, 2010
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Barclays in talks with Blackrock, others on BGI sale
Barclays are presently in talks with Blackrock, others on BGI sale. As Jamie mentioned over the weekend, at some juncture there should be some positive M&A flows for sterling coming out of this situation. But not...
USDJPY trades higher
USDJPY has overcome the offers at 97.50-60 to take out small stops above 97.60. Its still looking bid after the morning market seems to have got itself short trying to trigger sub 97.00 stops. Look for an attempt at 98.00 going into...
Steinbrueck: Nothing to see here, move along…
We can handle a pseudo-stress test but not the real thing. That seems to be the message from German Finance Minister Steinbrueck at the G8 meeting: “We want stress tests, but stress tests of the system not related to individual banks,” German Finance Minister Peer Steinbrueck told reporters in...
Forex Market Update: US Dollar Mixed, British Pound Continues to ...
The USD briefly extended Friday's gains in Asian trading against some currencies, successfully sending EUR/USD to 1.3928 and Kiwi to lows of 0.6240 and ... See all stories on this...
Chrysler Currently In Talks For Auto-Lending With Banks
The Wall Street Journal reports that Chrysler is in talk with plenty of major lenders including JP Morgan (NYSE:JPM) and Ally Financial...