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Strauss-Kahn sees autumn as turning point for global economy
IMF managing director Strauss-Kahn says that the turning point for the global economy will come in September/October of this year. An early-2010 recovery is the most likely scenario, he says. Banks must rid themselves of toxic assets, he says. Failure to do so could endanger the recovery. Update:...
AUD/USD short term technicals
The overall trend on the hourly chart is neutral. Potential resistance at .8070 in the form of a Fibo, trend line. Support is at last nighs .7965 low. Looks like a range trading market to me, buy dips, sell...
The Greenback Weakens despite Positive Data from U.S | Forex ...
My Forex Blog More on this topic (What's this?) The Declining US Dollar (Trends I'm Watching, 6/10/09) Tracking the Collapse of the US Dollar (Financial Market Commentary by S..., 5/25/09) Why the Current US Dollar Chart Tells a ... Forex Trading TV Video Blog -...
USDCHF remains in uptrend from 0.8569
USDCHF remains in uptrend from 0.8569, the fall from 0.9148 is likely consolidation of uptrend. Support is now at the lower border of the...
German credit crunch deepening
This is the headline on another AEP article and thanks to Saferanger for the lead. Ambrose is as always very bearish on Europe but if the facts stack up, tough credit conditions will not ease the recovery prospects for the vital manufacturing sector. Perhaps some of them are profitable...