From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that interest...
US Treasury Yields in a Tug of War
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Peruvian Central Bank Holds Rate at 4.25%
The Central Reserve Bank of Peru held its monetary policy reference rate unchanged at 4.25%. The Bank said: “This...
Navistar International Misses Estimates And Cuts Guidance (NAV)
3-8-12-Navistar International (NYSE:NAV) reported a fiscal Q1 loss of $2.08 per share, missing estimates by $1.80.Revenues in the quarter rose...
Dukascopy Afternoon Forex Overview - Oct 7 2009
Previous session overview The dollar has leapt higher against the yen, with knock-on effects across other currencies, as traders report unusually heavy dollar-buying ahead of the start of New York trading. Official intervention is not seen as the source of the move but traders say that...
ForexLive New York wrap-up: GDP revives risk rally
US GDP rises 3.5% in Q3; autos, homebuyer credit big contributors Weber: Unconventional measures to end next year; credit to stay weak through middle of 2010; negative inflation rates over. Kansas City Fed survey falls to +6 in October from +16 in September; latest in a number of weak Fed surveys...
Cable ticks higher in early European trade
Cable has advanced to 1.6040 at writing. Some more good news on the UK housing front. House prices in England and Wales fell at their slowest annual pace in 1 1/2 years in the 3 months to May and completed sales hit a 9-month high. The Royal Institute of Chartered Surveyors, (RICS) monthly house...