By Will Bland Of DOW JONES NEWSWIRES MOSCOW (Dow Jones)--Russia's largest listed conglomerate AFK Sistema (AFKS.RS) Wednesday swung to a net loss for the ...
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Sistema Swings To 1Q Loss; Forex Loss From Ruble's Fall
Source: online.wsj.com
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Usual suspects rumored buying dips
A US investment bank and the Chinese were rumored buyers on the most recent dip into the 30s and then chasing EUR/USD higher, dealers report. We trade now at 1.3966. Offers are seen in the 1.4030/40 area if we can garner topside...
China set for another setback in iron ore world
Coming close on the heels of Chinalco’s failure to court Rio Tinto, is this report in The Australian that China is not going to get the bigger cuts in iron ore prices which it had been hoping...
The Slow Death of Australian House Prices
By MoneyMorning.com.au The rate cuts in November and then December were supposed to save Australian house prices. Yet less than six months...
USD/JPY retrenching; Exporters seen selling rallies
Japanese exporters have returned to the stage in USD/JPY for the first time in a while. They have offers from 98.80 up through 99.00, traders report. Mid-East accounts were rumored buyers in early US trade but ran into signficant offers in the 99.80/85 region. Given Japan’s rapidly...
USDCHF traded in a narrow range
After touching 0.9971 resistance, USDCHF traded in a narrow range between 0.9855 and 0.9997. Key support is at 0.9855, a breakdown below this...