A string of zeros at the end of a currency is a pain for everyone
Redenominating currencies
Source: www.ft.com
Read more...
New York forex wrap; Dollar loses portion of gains
Turning point for global economy Sept/Oct this year: IMF’s Strauss-Kahn German bank West LB in spotlight; Dow Jones reports nearly failed over weekend Conference Board’s employment trends survey rises to 89.9 from 89.7; first rise in 16 mos World Bank head bullish on China; welcome...
June performance review for Danica-9am algorithmic system
During the month of June, the sixth month of live performance, the system went through a major upgrade. The upgrade is expected to further improve prediction quality for daily high and low (as measured by Pearson correlation coefficients between predicted and actual logarithmic returns) while its...
Early Tokyo showing its hand; JPY crosses lower
EUR/JPY has fallen swiftly from 134.80 to 134.35 as early Tokyo enters the market and obviously decides it does not want to buy anymore. Dealers report a lot of offers appearing in USD/JPY, some in very decent size and this is obviously weighing on the crosses. Bids were reported earlier at 97.50...
General Electric Earnings Preview
General Electric (NYSE:GE) is expected to report Q4 earnings on Friday, January 20th before the market open with a conference call scheduled for...
Why Price Fixing Will Be the End of the Retail Industry
By MoneyMorning.com.au According to a National Australia Bank survey, Australia’s retailers raked in $216 billion last year. Online...