Forex Supersonic closing its doors soon. Forex Supersonic isn't just another "guru bot" with a made-up story and a bunch of flashy pictures of people throwing cash around. It's a REAL piece of software based on a REAL proven strategy ...Business - Latest News - http://www.prlog.org/cat-business/
Forex Supersonic closing its doors soon
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Estonian PM: Does not expect devaluation in Latvia
The Estonian Prime Minister Andrus Ansip is in upbeat mood. He does not expect his Baltic neighbour Latvia to have to devalue the lat and sees signs the situation there is improving. He believes Latvia will continue to cut expenditures. Even if there were a Latvian devaluation, Ansip...
EUR/USD steady just under 1.4900
Sources report a Japanese bank as a notable seller of EUR/USD just ahead of 1.4900. Also selling interest has been seen out of Eastern Europe. Still seems only a matter of time before 1.4900 blown up though. Above there, good mix of sell interest and stops noted between 1.4905 and...
Blackrock agrees to acquire BGI
The deal for Blackrock to acquire Barclays Global Investors including the important ishares business is officially done, according to reports on Reuters newswires. It is possible that this will have some ramifications for the pound, now that the deal is actually signed off on, but with global...
Good News for Hedge Funds in May
Finally, hedge funds had a good month! According to Eurekahedge reports, May is the “best month in nine years.” The Singapore-based data provider’s Eurekahedge showed that Hedge Fund Index rose 5.2% last month, based on preliminary figures, its best since February of 2000. The index is now...
Reflation trade gathers footing
Stocks are off their early lows, down about 0.5% in mid-morning trade while oil has rebounded better than a dollar from it’s erly sell off and now trades at $72.20. EUR/USD is getting a boost, as one would expect, now at 1.390. Look for sellers in the 1.4030/40 area first time up. Dealers...