Source: ForexYard Negative comments by a top credit agency turned the euro bearish today, following several days of upward movement. The comments...
Euro Dips Ahead of Minimum Bid Rate
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Ireland’s Hurley in no hurry to find the exits
Exit strategy has been a big topic of discussion for Weber, Stark and others on the ECB but for Ireland’s Hurley, it is not on the radar. He says rates must remain accommodative as long as required. Policy will only be adjusted when definitive signs of significant improvement. Inflation will...
November 2009 issue of Currency Trader magazine is out
Hello there. I’m not sure how many of you read or have heard about Currency Trader Magazine, but I’d like nonetheless like to let you all know that their November issue is now out and available for download. By the way, I’m in no way associated with the company that publishes this...
US index test critical Fibo support
As noted earlier, 78.49, the 61.8% Fibo is a quite important level. it was test but is holding by a thread at the...
Quiznos Slices Up Its Debt in Restructuring
The Wall Street Journal reported that the troubled Quiznos sandwich chain reached a debt-restructuring deal with lenders that will hand ownership...
The S&P;500 Conundrum
By Adam Hewison - I was just looking at the S&P 500 index as we come to a close for the week of June 6th. While the market appears higher...