Feb. 1 (Bloomberg) — George Soros, the billionaire investor who bankrolled Democratic groups during George W. Bush’s presidency, has decided...
Soros Skips Donation to Obama’s Super-PAC
Source: feedproxy.google.com
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EUR/USD, Cable bounce from lows
EUR/USD is bouncing, now at 1.4030 from lows in the 1.4010 region. Dealers report another batch of stop-loss sell orders just below the 1.40 level. Cable traded down to 1.6000 before bouncing to 1.6030. Commodities have turned lower on the day and stocks are threathening to do the same. US bond...
Cable touch firmer early
Cable is a little firmer in early European trade, presently at 1.6345. General risk sentiment is in pretty good shape, while the USD is struggling as the realisation grows that we’re not likely to see an early US rate hike. Recent improved UK housing data and PM Brown’s political...
Labour facing disastrous election results
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...
NAHB- Housing market at or near bottom
The head of the national Association of Realtors says the US housing market is at or near a bottom. Now, he has a vested interest in talking his book, but recent indicators tend to back him up. let’s hope mortgage rates do not soar to the point where the housing recovery is choked...
CORRECTED-(OFFICIAL)-Crown Forex bankrupt, others at risk-FINMA
(In May 29 story headlined "Swiss Crown Forex bankrupt, others may follow", corrects headline to add source and corrects first paragraph to source to the ... See all stories on this...