Fed’s Near-Zero Interest Rate Policy a Failure?

Source: feedproxy.google.com

The world’s largest central banks continue to follow a low interest rate policy first implemented to deal with the 2008 recession. The argument...


Read more...

  • EUR/USD trying to steady at lower levels

    EUR/USD is trying to steady at lower levels, presently at 1.3850. Last heard reports of China buying up around 1.3880/90 and gotta think they’ll be sniffing around again in the low 1.38’s, although haven’t heard of them being in again as yet. Stocks are trying to claw back some of...

  • Japan MOF: G8 may discuss exit strategies

    A senior MOF official said today that finance ministers from the G8 may discuss exit strategies from extraordinary policy steps taken to combat the global crisis. He went on to say that he doesnt think Latvia will be a major topic at the G8 this...

  • Usd/Yen soars on Payroll surprise

    Usd/Yen is off to the races as the Payroll data far exceed even the most optimistic expectations. The only dampener will be the higher unemployment rate. Trading at 97.40 now, resistance is seen...

  • USDCHF broke above the downtrend line from 1.0624 to 1.0464

    USDCHF broke above the downtrend line from 1.0624 to 1.0464, suggesting that a cycle bottom is being formed at 1.0257 on 4-hour chart. Key...

  • GBPUSD broke below 1.6215 support

    GBPUSD broke below 1.6215 support, suggesting that a cycle top has been formed at 1.6343 level on 4-hour chart. Pullback towards the uptrend...