By MoneyMorning.com.au Emerging markets preparing for sound money ‘I need a dollar, dollar, a dollar is what I need,’ And so goes the...
Are You Missing Out On Bargain Stocks?
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Dead cat bounce on the EUR/USD
The low from Friday was 1.3934 and we are only 15 pips above there presently. With a 5 wave up-move from 1.2870 to 1.4340 now complete, it’s certainly possible that a short-term top is in place and that we are in retracement mode. The 38.2% of that up-move is at 1.3780. (Technicals to...
EUR/USD Forms a Head & Shoulders Pattern
By Fast Brokers - The EUR/USD registered rising volume to the downside again, showing there is more interest on the sell-side these...
Daily Dividend Report: SPG, PEP, ADM, WYNN, PRE
Simon Property Group (SPG) announced its quarterly dividend of 95 cents per share, an increase of about 6% over its prior dividend in November of...
China’s Industrial Output for May rumoured to be higher than expected
There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency...
ForexLive New York wrap-up: GDP revives risk rally
US GDP rises 3.5% in Q3; autos, homebuyer credit big contributors Weber: Unconventional measures to end next year; credit to stay weak through middle of 2010; negative inflation rates over. Kansas City Fed survey falls to +6 in October from +16 in September; latest in a number of weak Fed surveys...