The Group of Eight nations began considering how to reverse the emergency steps they took to rescue the world economy as it shows signs of recovery.
G-8 starts planning stimulus exit strategies on recovery signs
Source: www.forexlive.com
Read more...
FX speculative positioning: USD shorts on the increase
Another reason to be very careful getting long EUR/USD, cable or AUD/USD at current levels. USD shorts are at their highest level in almost a year, although not yet at extremes. Overall JPY positioning has flipped from long to short and the big unwind in GBP short positions has gained pace. EUR,...
April 2012 Headlines at Central Bank News
By Central Bank News Following is a list of all the headlines on Central Bank News during the month of April. The month in central banking in...
USD Rallies Following Non-Farm Payrolls
Source: ForexYard The USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure....
FOREX-Dollar rebounds broadly, euro hit by weak data
NEW YORK, June 12 - The dollar rose on Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial ... See all stories on this...
No challenge to Brown: Labour Parliamentary group
Reuters quotes the head of the Labour Party parliamentary group as saying there will be no challenge to PM Brown. There was an outside chance that bankbenchers would push for his ouster, as Gerry has been writing, but it looks as though he has survived that process. Cable continues to consolidate...