Wegelin & Company agreed to a sale to Switzerland’s Raiffeisen Group after coming under investigation in the U.S. for allegedly helping...
Wegelin & Company Agrees to Sell to Switzerland’s Raiffeisen Group
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Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...
Philippines Central Bank Keeps Policy Rate at 4.50%
The Bangko Sentral ng Pilipinas kept its overnight borrowing rate unchanged at 4.50% and the overnight lending rate at 6.50%, and...
FOREX VIDEO - European Outlook November 17th 2009
Hey everyone, for this video I take a longer term look at Aussie USD, Aussie Yen and Pound Yen. The Yen crosses in general look very interesting, they are extremely congested and I don’t expect that to continue very much longer. The Pound Yen especially is in a very clear apex of a daily trap. I...
Forex Trading Secrets: How to Profit from the G8 Summit
From the beginning of the week until 06:00pm GMT Thursday, virtually every currency was rising against the US dollar. Demand for riskier, higher yielding ... See all stories on this...
Pep Boys Announces Acquisition By The Gores Group
Pep Boys (NYSE:PBY) announced that it has enetered into a definitive merger agreement which it will be acquired by one of the nation’s...