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Forex: GBP/USD falls further to 1.6410
Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. After finding resistance at...
A snarky take on today’s GDP report
For all you non-believers in the strength of the US recovery, this post’s for you. The recession is over only because Washington decided it should be. With billions in fresh government spending, it was only a matter of time before GDP posted some growth. It’s too bad all that government...
Nutrisystem Announces Earnings
Nutrisystem (NTRI) announced that it lost four cents per share in its fiscal fourth quarter, above analyst estimates of two cents per share....
Payroll “whisper” matches Goldman’s forecast
The payroll “whisper” of -475k seems to me a bit too close to Goldmans own estimate of -475k for my liking, but it certainly has the market set up in expectation of a figure in that vicinity. Meanwhile Buba President Weber is on the tape, mirroring the Bundesbank report, saying that...
Forex contest - win 100$
Predict EUR/USD closing price on july 3rd and you could win 100$. -...