Feb. 1 (Bloomberg) — Craig Ferguson, a currency hedge fund manager at Antipodean Capital Management in Melbourne, talks about Europe’s...
Antipodean’s Ferguson Says Euro May Reach Dollar Parity
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EUR/USD firmer; China noted
EUR/USD is making some pretty good ground in early European trade. The pairing is being underpinned by decent risk appetite, realisation US rates won’t be raised anytime soon, and by an improving situation in the Baltics. Sources report China has been buying fairly agressively in this latest...
Dollar loses ground as the fear of early Fed rate hikes recedes
10 US banks given the go ahead to start paying off the TARP money. US Wholesale inventories fall 1.4% in April to reach their lowest level since September 2007 US Wholesale sales fall 0.4% in April to reach their lowest level since November 2005 US IBD Economic optimism rises to 50.8 in June from...
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FOREX VIDEO - London Session Review - October 20, 2009
Throughout pre-London we had established a bit of a range on the majors early one, with some volatility showing up on the GBP/USD about an hour before London open. Even though the GBP/USD was starting to show some short term strength, the combination of a Daily trend line touch, along with a closed...
FOREX VIDEO | NEW YORK SESSION REVIEW | July 7, 2009
Although the US dollar lost ground against most major currencies during today’s European session, the reserve currency recouped those losses during the New York session as risk aversion enveloped the financial markets. The descent of the EUR/USD currency pair from the M4 pivot point to the...