Key US Events: FOMC Policy Statement: FOMC Policy Statement, Retail Sales, a $74 billion refunding, auctioning three-, 10- and 30-year securities. ...See all stories on this topic »
August 9th – 13th Quick Review/Preview: Stocks, Commodities, Forex
Source: www.benzinga.com
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Chevron Phillips Chemical to Build Plant
Chevron Phillips Chemical Co. (NYSE:CVX) announced Monday its plan to build a plant capable of generating up to 250,000 metric tons of a...
Kiwi Spikes Up To New Multi-day High Of 1.2568 Versus Aussie
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USDCAD is in uptrend form 1.0333
USDCAD is in uptrend form 1.0333, and the fall form 1.0678 is treated as correction of uptrend. Key support is now at 1.0515, as long as this...
Weber: ECB to absorb excess liquidity as quickly as possible
No surprise here: the president of the Bundesbank says that the ECB will absorb the excess liquidity it has created quickly, saying the measures that bank used allow for easy reversal. He does see some signs that the intensity of the downturn is subsiding though the crisis will put strain on global...
EUR/USD Rises for Third Day as GM Goes Bankrupt
Euro continued to advance sharply against the U.S. dollar today as the U.S. are witnessing their biggest bankruptcy case in history. Economic indicators that came out from the United States today (other than GM bankruptcy) were better than expected. EUR/USD is now trading...