The US Federal Reserve says benchmark interest will remain ‘exceptionally low until at least late 2014’, as markets pare losses
Fed announcement boosts markets
Source: www.ft.com
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EUR/USD Short Term Trading Idea - Technical Analysis
EUR/USD has created one of our favored chart patterns. In the below 30 minute timeframe chart, EUR/USD has created a false break out (See...
EUR Tumbles Following Italian Debt Auction
Source: ForexYard The euro turned overwhelmingly bearish today, following an Italian debt auction that highlighted how fragile the...
Unemployment Claims Fall to Lowest in Nearly Four Years
The number of individuals seeking unemployment benefits fell last week to 352,000, the fewest since April 2008. The declining numbers added...
US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that...
USDCAD broke below 1.0215 support
USDCAD broke below 1.0215 support and reached 1.0191 only, the subsequent bounce had bring price above 1.0349 key resistance, suggesting that a...