The US government is expected to announce today which of the banks that received funds under the Troubled Asset Relief Program (TARP), are now strong enough ...
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Forex News and Rumors
Source: forexblog.oanda.com
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GBPUSD is forming a cycle top at 1.5128
GBPUSD is forming a cycle top at 1.5128 level on 4-hour chart. Key support s now at the lower border of the rising price channel, now at 1.4910,...
Reflation trade gathers footing
Stocks are off their early lows, down about 0.5% in mid-morning trade while oil has rebounded better than a dollar from it’s erly sell off and now trades at $72.20. EUR/USD is getting a boost, as one would expect, now at 1.390. Look for sellers in the 1.4030/40 area first time up. Dealers...
AUDUSD stays above a upward trend line
AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0596, the fall from 1.0855 is treated as consolidation of...
November 2009 issue of Currency Trader magazine is out
Hello there. I’m not sure how many of you read or have heard about Currency Trader Magazine, but I’d like nonetheless like to let you all know that their November issue is now out and available for download. By the way, I’m in no way associated with the company that publishes this...
Oh no! Another Canadian election?
I doubt it. Canadian voters have been to the polls more than the Italians in recent years and have very little appetite for a return trip. Nonetheless, the Liberals are threathening to bring down the Tories unless they relent to demands for amended jobless benefits. Just one more layer of risk,...