The Bank of England (BoE) held the Bank Rate at a record low stimulatory level of 0.50%, and continued with its Asset Purchase Program...
Bank of England Keeps Rate at 0.50%, APP at 275B
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Darling, Mandelson stay
The two posts that matter to the market , Chancellor and Business secretary, the post created for Peter Mandelson, are retained by their present holders in PM Brown’s new cabinet. Purchasing green bananas for the office canteen is not recommended for any of the Labour government. Cable trades...
Regarding wedges and triangles
I’ve attached a 4 hourly EUR/JPY chart with a perfect wedge/triangle formation. A friend of mine insists that this formation loses its effectiveness once prices get past the 3/4 length of the wedge and near the apex. My feeling has always been that the pattern builds up strength as it nears...
Analyst Moves: AMZN, WDR
Amazon. om (AMZN) today its estimates reduced by Goldman Sachs (GS) which assigned the company a neutral rating with a $182 price target due to...
$7,720 on 4 pairs? (4 Forex trades + preview)
If taking $7,720 out of 4 Forex pairs with very little work sounds appealing, then read every word this message, because.. …I have a couple of very important updates: 1. 30+ year trading veteran Bill Poulos will be be picking the lucky recipient of the first copy of his brand new Forex...
FOREX VIDEO - Pre London Outlook August 11th 2009
Hi everyone, for this London outlook I analyze and old favorite the Aussie USD and the Pound Yen. Although I concentrate on the Aussie USD the analysis applies broadly to the USD and Yen in general. The Aussie keeps producing lower highs on a 4 hr level leading us to a downside bias and the Pound...