German imports surged to their highest level in June and were expected to grow further, lifting European stocks on hopes of a solid economic recovery
German imports surge points to rebound
Source: www.ft.com
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BRICs flexing muscles
Reuters reports that Brazilian President Lula wants the BRIC countries to forge a common front on reforming multinational groups like the UN and IMF. Lula also announced a $10 bln contribution to the IMF. If the BRICs are willing to fund these and other programs, then by all means they should have...
USD/JPY resistance line eyed at 98.50
USD/JPY has rebounded along with the broad dollar as EUR/JPY losses its risk barometer role. The dollar is moving in more monolithic fashion, making life somewhat easier for the market at the moment. Modest resistance is seen at the 98.50 level from a resistance line drawn off the 98.90 highs from...
No surprises in RBA minutes
The market is digesting the minutes from the last RBA meeting but, based on the headlines, there have been no real surprises. AUD/USD is steady at...
The crucifixion of Latvia
Latest from AEP at The...
Demi performance review, June 2011
This post begins monthly peformance reviews for the Demi line of EUR/USD daily time frame trading systems. There are four systems in total, differing only according to the choice of the closing hour of the "day": 3, 5, 9 and 11 am Eastern time. The systems went live on August 25, 2010, after...