AUD/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/AUD_DAILY_301110.JPG After an uptrend who last for 3 weeks, the pair clearly...
“Real Forex” daily analysis for 30-11-2010
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Rick Santelli calls out Geithner
Some refreshing skepticism from Rick Santelli on CNBC; he calls out Treasury Secretary Geithner for saying that the US is not monetizing its debt. He falls back on the idea that the Fed is strong and independent, so the government is not calling the shots, instructing the Fed to buy the debt. But...
IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...
What To Do With Your Money Today
What To Do With Your Money Today by Alexander Green, Investment U Chief Investment Strategist Monday, November 7, 2011: Issue #1637 When I speak...
Quiet London session as markets focus on US Payrolls
UK Pensions Minister James Purnell resigns and calls on Prime Minister Gordon Brown to quit too. UK Q1 Construction output falls 9 % q/q, ONS likely to revise Q1 GDP to -2.2% from -1.9% as a result. UK PPI meets expectations, factory costs fall at sharpest rate in 7 1/2 years. Swiss inflation...
Megaworld Corporation (MEG) Poised For Another 10% Drop
2010 was a marquee year for Andrew Tan’s flagship company Megaworld Corporation or MEG in the Philippine Stock Exchange as it was able to...