Latest from AEP at The Telegraph.
The crucifixion of Latvia
Source: www.forexlive.com
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June 10, 2009
Hello all, Much quieter today after having the setups we had been waiting for to get some additional positions into the current movements came to be. All those trades have either profited or the stop losses are set to break even. 4 Hour: 12:00 GMT: USD/JPY buy ZLC Watching: EUR/USD for a buy...
Chinese President in Russia for BRIC meeting
President Hu Jintao is in Russia for meetings with Brazil, India and Russia. We can expect to see and hear more of the same confirmation that the USD is still the accepted global reserve currency but that some diversification is needed in coming...
USD/JPY Bows to Our 3rd Tier Downtrend Line
By Fast Brokers - The USD/JPY is turning south from our 3rd tier downtrend line as we notice a Dollar appreciation across...
Bank of England Expands APP by 50B to 325B
The Bank of England (BoE) held the Bank Rate at 0.50%, and expanded its Asset Purchase Program (Quantitative Easing) target by 50...
US Wholesale inventories hit lowest level since September 2007
US April Wholesale inventories were lower than expected down 1.4% to reach their lowest level since Sep 2007. Wholesale sales also fell, down 0.4% to their lowest level since November 2005. Also realeased was the IBD Economic optimism index which rose to 50.8 in June from 48.6 in May. This puts the...