Mcgraw Hill Companies Incorporated (MHP) announced its quarterly dividend of 25.5 cents per share, an increase of about 2% over its prior dividend in...
Daily Dividend Report: MHP, MS, MMC, HBAN, KMI
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Moody’s downgrades Ireland to AA1 from AAA, outlook negative
The news has seen EUR/USD come under accelerated pressure, hitting a session low 1.4048 before recovering to 1.4060 at writing. Earlier sources had noted buy orders at 1.4050 and 1.4030. The fact that S&P already downgraded Ireland on June 8th will be helping limit the...
Leveraged bailout resumes in EUR/USD
EUR/USD is trading in soimilar fashion to Wednesday when hedge funds headed for the exits en masse. Bids at 1.4100 are being absorbed. 1.4070, the spike low from yesterday is the next focus. Large stops are perched below that...
USD/JPY overcomes big hurdles but more to jump just ahead
USD/JPY has broken its 200-day moving average at 95.8 and now has its sights set on 95.45, the 38.2% retracement of the 101.45/91.75...
Pimco all over the wires, talking their book
El-Erian and Gross are tag-teaming, running for the cameras to tell the markets that the economy still sucks. When you are long $1 trln in bonds (that’s their job), what else would you expect. US 10-year notes are now around 3.85%, a level where Gross said he would be a buyer around a week...
Fed’s Fisher says will not monetize deficits
The Fed’s Fisher again mindful to not promote profilgate policy has said that the Fed will “do our job” on not monetizing deficits and pushing up inflation pressures. More sporting analogies from the Fed with Fisher saying that the US economy is “out of the end zone”...