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EUR/USD Falls Despite U.S. Trade Balance Deficit Gain
Euro declined against the U.S. dollar today after growing during the early trading session and yesterday. The increased U.S. trade balance deficit didn’t help the Eurozone currency to advance against the greenback. Traders probably treated the drop in imports and exports...
Obama’s Plan Could Affect Hedge Funds
Currently, the proposed legislation to restructure the U.S. financial regulatory system is making its way through both houses of Congress. The plan is aimed to require stability, safety and systemic risk to play a larger role in the planning, thinking and strategizing of every financial...
US Trade deficit increases in April. Dollar gaining in Forex Trading today.
Wednesday, June 10th - The United States trade deficit edged up in April for the second consecutive...
Weekly Forex Market Forecast (December 5th – December 9th 2011)
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 December 5th – December 9th, with release times displayed for the GMT time zone. The list also...
Don`t Cut the Deficit Yet, Ben Bernanke Tells the House
By Michael Trinkle, ForexTraders The growth phase engineered by Ben Bernanke and his team at the Federal Reserve is a financial bubble. That much is understood by many, with reactions differing only to the extent that the bubble can be traded profitably, but as far as the consequences and dangers...