FXstreet.com (Barcelona) - Yesterday's FOMC announced low rates until 2014, with a possible QE3 along the way, which naturally soared the equity markets, gold, oil and riskier currencies. The Euro reached a new five week high also with news from Greece ...See all stories on this topic »
Forex Flash: European currencies rise, except for the SEK – Wells Fargo
Source: www.google.com
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FOREX-Dollar extends gains after US yield jump
By Satomi Noguchi TOKYO, June 8 (Reuters) - The dollar rose against a basket of currencies on Monday extending sharp gains made late last week as US ... See all stories on this...
Dead cat bounce on the EUR/USD
The low from Friday was 1.3934 and we are only 15 pips above there presently. With a 5 wave up-move from 1.2870 to 1.4340 now complete, it’s certainly possible that a short-term top is in place and that we are in retracement mode. The 38.2% of that up-move is at 1.3780. (Technicals to...
Bernanke and Paulson to testify before House
Darrell Issa from the House oversight and government reform committee is on the Reuters newswire saying that Fed chairman Bernanke and ex-treasury secretary Paulson will be subpoenaed if necessary to testify before the House on Bank of America’s acquisition of Merrill...
Analyst Moves: ACOM, INCY
This morning, Bank of America downgraded shares of Ancestry. om (ACOM) to neutral as there are concerns about slowing growth at the...
USDJPY trades higher
USDJPY has overcome the offers at 97.50-60 to take out small stops above 97.60. Its still looking bid after the morning market seems to have got itself short trying to trigger sub 97.00 stops. Look for an attempt at 98.00 going into...