3M (MMM) announced higher than expected quarterly earnings due to strong demand from industrial and transport markets that was able to offset weak...
Earnings Roundup: 3M, Caterpillar
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EURUSD remains in uptrend from 1.3146
EURUSD remains in uptrend from 1.3146, the pullback from 1.3833 is treated as consolidation of uptrend. Support is now at 1.3650, as long as...
Free Forex Charting
Recently we had service issues with one of our partner charting providers which left subscribers in the lurch without access to their charting services for two days. If any of you are married to your charting platform, you know what I’m talking about – it’s tough to adjust to anything else...
Risk sentiment helped by reports 10 US banks to repay TARP
Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian...
USD drifting lower heading into Tokyo open
The USD is uniformly lower early in the session and it is difficult to see where the buy-dollar signals are going to come from. Order books are fairly clear in the EUR/USD until 1.4200-10 where some Sovereign offers are touted. There is also said to be good selling interest in the AUD/USD at .8250...
Weekly Forex Market Forecast (January 16th – January 20th 2012)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of January 16th – January 20th, with release times displayed for the GMT time zone. The list also...