The Bank for International Settlements recently published a working paper on China’s reserve requirements. The paper focuses on...
China’s Evolving Reserve Requirements [BIS paper]
Source: feedproxy.google.com
Read more...
USD/JPY fairly steady after overnight sell-off; sell,buy,stop orders noted
USD/JPY is seeing fairly quiet trade after it’s overnight sell-off, presently at 89.10. Sources note sell orders lined up at 89.20 up through 89.50 and then again at 89.75. On the downside, some buy orders, not thought to be heavy, seen down at 88.50/60. Ahead of there sell stops seen on...
Who declares pandemic; no restrictions on movement of people, goods or services
The World Health Organization has declared a swine flu pandemic but does not recomend restrictions on movement of people goods or services. That should end market concerns over the issue once and for...
Cable under pressure
Cable is under heavy pressure early, presently down at 1.5870 from an early 1.5930. The USD is seeing across the board strength, while sterling is weak in it’s own right as the market continues to fret over Brown’s future. Technical support now lies at 1.5850/55. Could well be sell...
U.S. Unemployment Numbers Released
Source: ForexYard Unemployment claims from the U.S. remain roughly the same as last week following the report released this afternoon from...
Facebook Salaries Revealed
With Facebook’s IPO, their S1 filing revealed a lot of interesting,never before known information that has been now been made public....