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An Hour a day is all you need to successfully trade
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Fed’s Fisher says will not monetize deficits
The Fed’s Fisher again mindful to not promote profilgate policy has said that the Fed will “do our job” on not monetizing deficits and pushing up inflation pressures. More sporting analogies from the Fed with Fisher saying that the US economy is “out of the end zone”...
EUR/JPY drifting lower
EUR/USD is back at it’s opening level of 1.3890 and USD/JPY is on it’s session lows at 98.25. This means of course that EUR/JPY is lower, currently trading at 136.50 after posting a high at 137.30 earlier in the session. Dealers say that interest is very low and it is a case of small...
Barclays in talks with Blackrock, others on BGI sale
Barclays are presently in talks with Blackrock, others on BGI sale. As Jamie mentioned over the weekend, at some juncture there should be some positive M&A flows for sterling coming out of this situation. But not...
Weekly Forex Market Forecast (November 7th – November 11th 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of November 7th - 11th, with release times displayed for the GMT time zone. The list also includes the...
Lacker: Don’t need to buy more bonds if curve steep on outlook
If the US yield curve is steepening on the back of a brighter economic outlook than there is no need for the Fed to add to its purchases of Treasury notes. Higher rates will be needed when economic growth turns positive, Lacker says. Yields will be in focus this afternoon as the government auctions...