AutoNavi (AMAP) was downgraded today by Jefferies (JEF) to hold from buy with a price target of $12, as the company’s business is in...
Analyst Moves: AMAP, CHK
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Weekly Market Wrap: March 9, 2012
This tenth trading week of 2012 comes to a close with investors keeping a close eye on oil prices and unfolding events in Greece....
Locking In Profits
Hi Darrell, Sorry I was not able to get back to you yesterday, it was just one of those days! <really enjoying what looks to be an unbeatable way of trading!> Our trading is solid :) but not unbeatable. Or rather, not easy. Because of our position sizing and risk/reward always being in our...
Australia May employment -1700 s/adj, much better than expected
Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...
AUD/JPY and GBP/USD leading indicator history, 2002-2009
AUD/JPY and GBP/USD form a weakly correlated pair, often but not always correlated positively, which many traders would regard to be one of the last suspects when it comes to predictive forex correlations. Nonetheless, in the screening we conducted last summer using the data set from 2002 to early...
FOREX VIDEO - New York Session Review - Sept 24, 2009
Bank of England governor Mervyn King told a local U.K. newspaper that the country’s banking sector is “not in good shape,” and that he saw the decline in the British pound as “helpful” to re-balancing of the country’s economy. When the market got word of...