The Financial Times reported that Deutsche Bank is preparing to launch a fund to snap up investors’ illiquid or damaged holdings in hedge funds...
Deutsche Bank Targets Distressed Assets
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AUD/USD short term technicals
The overall trend on the hourly chart is neutral. Potential resistance at .8070 in the form of a Fibo, trend line. Support is at last nighs .7965 low. Looks like a range trading market to me, buy dips, sell...
The USD Declines Ahead of US Manufacturing Data
By TraderVox.com Tradervox.com (Dublin) – The dollar opened the trading weaker after speculation that the Manufacturing data report will...
UK trade deficit better than expected
UK May global goods trade deficit came in at £6.263 bln, an improvement from the £7.137 bln revised shortfall in April, and better than the median forecast of £6.75 bln. Lowest deficit since June...
US Pending Home Sales up much higher than expected | Forex News ...
The sales were up 6.7% much higher than expected. This is the largest gain since October 2001. It also is the 3rd straight increase. Pending Home. Forex News and Commentary by FXDD -...
Dollar comeback in Eur/Usd not seen elsewhere
Interesting to see that the pullback in Eur/Usd has not been replicated in Dollar strength in Cable or Usd/Yen. Cable is looking well supported at 1.6220 with markets awash with chatter over positive Sterling M&A flows. Eur/Gbp selling by a clearer in the 0.8630/40 area is being cited as maybe...