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AT&T;Reports Mixed Earnings For Q4, Rose 3.6% Year-Over-Year
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EUR/GBP long term technicals
The 61.8% Fibo at .8490 should provide initial support but a break below there will target an interim low at .8260, which also coincides with the long term trend line. The previous important low at .8635 is now the first level of resistance with little behind there until...
Euro Might Fall After the EU Finance Ministers Meeting
By TraderVox.com Tradervox (Dublin) - The Euro has been on a bearish run against major currencies this week due to the eurozone...
Beige Book still downbeat; Weak or worsening conditions thorough May
No green shoots to speak of in the Beige Book. Conditions weak or worsened through May Expectations improved but big gains in activity not expected through year-end Labor markets stayed weak Wages falling or flat Residential real estate still weak Retail sales soft credit improved 5 of 12...
Private Equity Firms are Skeptical About 2009 Recovery
According to a survey conducted by Rothstein Kass in May 2009, private equity industry is skeptical about current market rally. Based on survey, more than 90% of middle-market private equity fund managers believe that the credit crisis will last into next year. Despite that pessimism, most firms...
EUR/USD soft in early trade; buy orders, stops noted
EUR/USD sits at 1.4705, looking a little soft, in slow early European trade. Chinese shares are seeing accelerated losses, Shanghai index down 3% which will be weighing. Sources note buy orders lined up at 1.4700 down through 1.4680, with sell stops said to be gathered around 1.4675. On the...