Morgan Stanley (NYSE:MS) reported a narrower than expected loss of $0.15, vs. consensus estimates for a loss of $0.57.Revenues in the quarter came in...
Morgan Stanley Reports Narrower-Than-Expected Loss
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JPY crosses getting nervy
The bears have been having a tough time over the last few months in the JPY crosses but now it’s time for the longs to feel nervous. Trouble ahead for the European banks and heavy selling interest appearing in USD/JPY might be enough in the short term to make long positions re-assess their...
Is this the driver today?
There has not been that much talk on the topic today but the considerable chance that Iran’s Ahmadinejad could lose his reelection bid tomorrow could be supporting markets today. The story hits all the right notes, potentially dampening geopolitical tensions in the Middle East, boosting...
Downgrades in Europe
By TraderVox.com Tradervox (Dublin) - The EUR/USD opened the day negative pushing the currency pair to four month lows of 1.2656. The...
Real Forex daily market analysis
USD/CAD Daily graph: http://www.real-forex.com/charts-daily/November2010/CAD_DAILY_091110.JPG For the last few weeks, the pair is navigating...
Tote Hose
A great German expression which literally means “dead trousers”. When applied to the FX market, tote hose means that absolutely nothing is going on. Who says that you don’t learn anything in the FX market. By the way, Die Toten Hosen is a German punk band from my old arbeitsplatz...