USDCAD formed a sideways consolidation in a range between 1.0191 and 1.0378. Bounce towards 1.0378 key resistance would more likely be seen, a break...
USDCAD formed a sideways consolidation
Source: feedproxy.google.com
Read more...
Ireland’s Hurley in no hurry to find the exits
Exit strategy has been a big topic of discussion for Weber, Stark and others on the ECB but for Ireland’s Hurley, it is not on the radar. He says rates must remain accommodative as long as required. Policy will only be adjusted when definitive signs of significant improvement. Inflation will...
Tumpel-Gurgerell: Central banks need to be pricks…
…of asset bubbles. Asset bubbles and financial sector imbalances should be dealt with preemptively, she says. The financial crisis represents the greatest ever challenge for the euro, she says. 2009 will be very difficult. Deflating asset bubbles is likely to be the consensus change in the...
WORLD FOREX: Yen Firm As Dollar Remains Under Pressure
By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The yen has risen to its highest level in more than a week as the greenback remains under broad ... See all stories on this...
FOREX VIDEO - European Outlook October 21st 2009
Hi everyone. Looking at the charts today I found a fairly mixed market and I’m hard pressed to put forward a direct market bias, particularly for the USD. In light of this I take a look at the Euro Pound for relative strength clues and then breakdown the Euro USD into bite size pieces and outline...
Stocks come unglued down the stretch
With just minutes to go, US equities have given up a huge chunk of their gains. Shares sit at 944, the former high for the S&P and an important technical point on the close. EUR/USD has pulled back with...