Friday, June 5th - The Department of Labor nonfarm payrolls report showed that U.S. payrolls shed 345,000 jobs in May...
U.S. Nonfarm jobs fall less than expected, Unemployment rate at 9.4%. US Dollar gains in Forex after report.
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FOREX VIDEO - Pre London Outlook October 1st 2009
Hi everyone Wednesday was an interesting trading day for sure let’s hope Thursday offers the same quality opportunities. For this presentation I take a look at Cable, Euro Pound and Aussie Yen. Cable being the focus is at an interesting area from a technical perspective and I explore a few trade...
Philippines Central Bank Keeps Policy Rate at 4.50%
The Bangko Sentral ng Pilipinas kept its overnight borrowing rate unchanged at 4.50% and the overnight lending rate at 6.50%, and...
GBP/USD Sets a Temporary Bottom on Declining Volume
By Fast Brokers -The Cable is finally forming a temporary bottom after its swift selloff. Friday’s downturn gained traction as Gordon Brown...
Chinese Vice Foreign Minister: No one is talking about “dumping the dollar”
China’s Vice Foreign Minister He Yafel says China has no intention of abandoning the dollar. Speaking at a news briefing on President Hu Jintao’s forthcoming trip to Russia, where he will attend an inaugural summit of the BRIC countries, He Yafel said that the idea of a super-sovereign...
BOE exit strategy: raise rates, sell assets or both
Bank of England chief economist Dale says the BOE exit strategy from its super-easy monetary policy is likely to consist of a combination of raising rates and selling assets. Pretty straight-forward, really. Also crossing the wires is news from Germany that its tax take has fallen 7.1% y/y in May....