By MoneyMorning.com.au Let’s talk Japan. Every year some analyst comes out with a variation of the story that Japan’s economy is about to...
Godzilla Will Come Out of Tokyo Bay Before Japan’s Economy Rebounds
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Bearish trend for US dollar continues in forex trading today
The bearish trend for the US dollar shows no sign of abating, with the daily USD index chart plunging ever lower this morning. The problem for the US currency is that it is being pressured lower both from a technical and fundamental perspective. The FED policy of further quantitative easing is...
FOREX VIDEO - Pre London Outlook September 21st 2009
Hey everyone, for this Monday presentation I take a look at a small currency basket. I have constructed trade plans for the Euro USD, Euro Pound, USD Yen and Pound Yen. The USD Yen and Euro USD are both in some tight 4 hr price traps that I am watching closely for a break out. In addition to this...
Asian forex market wrap
Japanese current account surplus for April -53.4% YoY against expected -39% Centre-right parties the big winners in European parliament elections Top Chinese banker calls for US help in the development of Yuan debt markets Sterling loses ground on the crosses after a very poor showing by...
Bank of Cape Verde Raises Rate 150bps to 5.75%
The Banco de Cabo Verde (Bank of Cape Verde) increased its minimum cash availability ratio (DMC) by 200 basis points to 18.00% from 16.00%, and...
EUR/USD Pops Despite Higher Than Expected EU UnemploymentEUR/USD Pops Despite Higher Than Expected EU Unemployment
By Fast Brokers - Volume topped out yesterday as anticipated and the EUR/USD slipped down towards our 1.4117...