Forex 24x7

Forex Trading: Usd/sgd Free Fall

Source: www.dailymarkets.com

Read more...

• EUR/GBP support still in place

  Important technical support at .8490 held firm overnight despite a marginal break below. Stubborn longs should now consider reducing or scrapping their positions on a clean break below .8475 as there is daylight until .8200/50 and market chatter is that there are some big stops on the .84 handle....

• Monetary Policy Week in Review – 7 April 2012

  By Central Bank News The past week in monetary policy saw interest rate decisions announced by 7 central banks around the world.  Only Sri...

• Treasury yields lower ahead of auction

  Despite a 30-year Treasury auction (results due at the top of the hour), US yields are slightly lower on the day. 10-year notes, the market benchmark, are yielding 3.93%, down from 4.00% after upbeat retail sales and jobless claims reports. Usually rates rise ahead of auctions as primary dealers...

• Japan’s ex-Economy Minister Ota says recovery may be W-shaped

  Japan’s former Economic and Fiscal Policy Minister Hiroko Ota says country’s economy is likely to stumble again later this year after a temporary rebound. Comments little old, but interesting...

• Picking High-Growth Companies: How to Find the Next Apple

  Apple’s share price exceeded $500 this week, giving it the largest market cap of any U.S. company. Apple (Nasdaq: AAPL) so successfully...