Despite its strength in 2011, speculators are putting on record bets that the European currency will finally fall against the dollar
Euro foxes bearish hedge fund managers
Source: www.ft.com
Read more...
2011: What We Got Right. What We Got Wrong.
By MoneyMorning.com.au Dear Friend, Welcome back to Money Morning. And happy New Year to you! Last year, ex-reader Jim wrote to let us...
Foreign Exchange
Foreign Exchange , "FX" or "Forex", is the largest financial market in the world, where the trading of main currencies takes place 24 hours a day, ... See all stories on this...
Talk of positive M&A;flow for sterling
Talk in market that Sainsburys have accepted a 420p a share bid from the Qatari Fund (can’t find confirmation myself so far). The possibility of positive M&A flows is helping support sterling, cable presently up at...
Forecasting optimization: an overlooked parameter fix improves quality while "efficient market" Monte Carlo supports the results.
Following up on the topic of our forex prediction quality measurements, I've decided to conduct the same analysis on the simulated data, unpredictable by construction. As before, I am tracing the dependence of the Pearson correlation coefficients between predicted and actual logarithmic returns in...
Forex news: dollar slips vs majors on Asian stocks increase
Thursday, during early Asian deals US currency lost ground against its main rivals as gains in Asian stocks boosted investors to turn toward higher-yielding assets. Asian shares edged up today as investors continued to favor riskier assets on further signs that the global economy is picking up,...