By The Sizemore Letter I read a fact this week that I never expected to read in my lifetime: “The Japanese government is expected to announce...
Japan’s Endgame Nears
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Japanese investors flocking to dollars
Higher rates are luring Japanese investors back into US Treasuries and have been for several weeks. Prices tested downtrend resistance at 98.30 in the last hour and is consolidating now at 98.15. A break of trendline resistance turns the focus back toward the 99.50/70...
GBPUSD continues its bearish move
GBPUSD continues its downward movement from 1.5997 and the fall extended to as low as 1.5296 level. Key resistance is now at 1.5488, as long as...
USDCAD breaks below 0.9905 support
USDCAD breaks below 0.9905 support and reaches as low as 0.9844, suggesting that the downtrend from 1.0318 has resumed. Further decline is...
Why it May Be Too Late for Retailing Slow-Coaches to Get Online
By MoneyMorning.com.au In 1998, upmarket US department store chain, Nordstrom [NYSE: JWN], launched its online shop. It was one of the first...
Chinalco/Rio failure won’t harm China/Australia relationship
A Chinese Ministry of Commerce spokesperson is on the Reuters newswire saying that the recent failed deal between Chinalco and Rio Tinto will not harm Australian/Chinese relations. The AUD/USD is up 10 pips at...