Source: ForexYard Thursday’s job speech by US President Barack Obama is being called one of several defining moments of his presidency as the run-up...
Obama Job Plan Focuses on Middle and Lower Class
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AT&T;Reports Mixed Earnings For Q4, Rose 3.6% Year-Over-Year
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Forex: EUR/AUD lowers to 1.6296
The EUR/AUD eased from threatening 1.64 to steadily lose ground to remain at 1.6296. The mood has been bearish for the pair in keeping with the monthly trend. However, while there is a down bias for the pair, the Aussie is set to firm as interest rates are set to rise by at least 25 basis points...
99.00 to prove magnetic in USD/JPY
There were said to be some big option barriers at this level last week and I’m not sure whether they are still active or not but I am hearing of large stops above 99.00. Not much in the way of decent support in USD/JPY until around 97.40. There are not a lot of reasons to be long JPY in the...
Romania Increase it's Forex Reserves
Romania's foreign exchange reserves stood at EUR 28.402 million as on October 31, up from EUR 28.339 million as on September 30, the National Bank of Romania said on Monday. At the same time, the gold stocks remained unchanged at 103.7 tones. The international reserves (foreign currencies and...
Monetary Policy Week in Review – 3 March 2012
The past week in monetary policy saw interest rate decisions announced by 6 central banks, with those changing rates including: Tajikistan -80bps...