The Russian Economy Ministry recently announced that it has decided to decrease its growth outlook for the Russian domestic economy. Citing...
Russian Economy Ministry Downsizes Growth Forecast
Source: feedproxy.google.com
Read more...
Cable extends rally
Cable is seeing acclerated gains this morning, presently at 1.6140. Buy stops are said to have been triggered on breach of 1.6100. Sterling is being bolstered by improving housing data and by the fact PM Gordon looks safe for now. There is also al ot of speculation that sterling is being boosted by...
FOREX VIDEO - New York Session Review - August 10, 2009
The GBP/USD was the only major currency pair which had shown any significant movement during today’s London session. By the open of the New York session, traders had both technical and fundamental reasons to short the cable. A profit of between 65 and 180 pips (depending on exit strategy) was...
German credit crunch deepening
This is the headline on another AEP article and thanks to Saferanger for the lead. Ambrose is as always very bearish on Europe but if the facts stack up, tough credit conditions will not ease the recovery prospects for the vital manufacturing sector. Perhaps some of them are profitable...
FOREX-Dlr edges down ahead of next Treasury auction hurdle
TOKYO, June 11 (Reuters) - The dollar edged down against a basket of currencies on Thursday, paring some of the gains made after the benchmark US Treasury ... See all stories on this...
Week Ahead Market Report: March 5, 2012
Investors will be digesting fresh data that is raising expectations of a European recession, as as as news that China would accept a slower...