Source: ForexYard The report out by the Australian Bureau of Statistics this morning gave traders the impression of a country facing significant...
Australia’s Trade Surplus Diminishing? Look Again
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Fed’s Lockhart: Fed should not wait long to tighten
Comments via The Market News International wire from Atlanta Fed’s Lockhart are boosting the dollar. He says the Fed should not wait long to tighten. They can tighten while maintaining a expansionary quantitative ease policies. Buying more Treasuries is an option, but it has draw backs, he...
Oil Getting Ready For Its Next Rally
By MoneyMorning.com.au There is plenty to say about oil right now. After falling for 10 months, Brent Crude Oil has jumped 15% in the last...
EUR/JPY: 135.91 low so far
The pair is having some trouble bouncing and is still hanging around 136.00. AUD/JPY is also lower, currently at 77.25, not helped by comments across Reuters by PM Rudd saying that unemployment is going to...
Weekly Market Wrap: March 30, 2012
This thirteenth trading week of 2012 comes to a close with stocks on track to post their best quarterly gain in almost 14 years....
What’s In The News- March 15, 2012
This is what’s in the news for Thursday, March 15, 2012. Bloomberg reports Goldman Sachs Group (NYSE:GS) saw $2.15B of its market value...