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Forex Trading Guidelines
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Analyst Moves: UNM, DELL
Unum (UNM) was upgraded today by JP Morgan (JPM) from neutral to overweight, due to improving pricing trends as well as potential stock...
EUR/USD Demonstrates Fastest Gain in 3 Weeks
The dollar fell at a fastest pace in 3 weeks against the euro today as the Q1 GDP decline was reported to be not so bad as expected. EUR/USD is now trading near 1.4114 and technical analysis shows that it will probably continue...
Australia June consumer confidence index +12.7% to 100.1
This is the second largest result in the history of the WestPac/MI index and the biggest rise in 22 years. The AUD/USD has popped up to .8035 from...
China putting reserves to work the old fashioned way
They’re buying stuff…In the 80s, the Japanese bought up real-estate like Rockefeller Center and Pebble Beach. In the 90s, the European snapped up telecom companies. Today, the Chinese are buying industrial companies, or pieces of them. The latest example if the politically-incorrect...
Gold Climbs with a Depreciating Dollar
By Fast Brokers - Gold continues its recovery from our 2nd tier uptrend line and the psychological $950/oz level as it rises...