By GCI Financial - The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US...
Fundamental Outlook at 1400 GMT (EDT + 0400)
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TARP money to begin flowing back to Treasury
Upwards of $50 bln may begin to be repaid beginning next...
London Gold Market Report
THE SPOT PRICE OF GOLD recovered two-thirds of yesterday’s 1.4% drop for US investors in London on Tuesday, but it dropped further against all other major currencies as the Dollar fell hard on the forex market. Read...
Lockhart unsure whether supports more Fed bond buys
Atlanta’s Lockhart says he’s unsure whether to support further buying of Treasuries by the Fed. He’s concerned that housing demand will be hurt by rising rates. One factor will be sentiment on debt monetization, something he opposes. Given how well buying Treasuries worked in...
ZuluTrade Adds Spanish Language Support
Quick update to let all you ZuluTrade users that they’ve added Spanish language support. So if you feel more comfortable navigating the website in Espanol you now have that option. Click here to view the ZuluTrade website in Spanish (Espanol) Alan...
German April trade weaker than expected
German April trade surplus s.a came in at 9.0 bln euros compared to 8.9 bln in March, below the market median of 9.4 bln. The current account surplus came in at 5.8 bln, some way below the median forecast of 10.0 bln euros. EUR/USD having rallied in early European trade has slipped back slightly,...