Trading has been choppy this morning given the absence of any economic data or major corporate earnings. With earnings season winding down and the calendar light of major data reports, traders await Ben Bernanke’s House testimony on Wednesday, wh 5 Vote(s) Read More US Market Update 2 8 2010
Posted in FX News | Tagged 282010, market, update, us |
The krone rose today as Norway’s chief export, the crude oil, reverted a negative trend that forced commodity linked currencies down during most of last week’s trading session as concerns regarding Europe’s rising budget deficit eased slightly to 5 Vote(s) Read More Crude Oil Advance Favors Norways Krone
Posted in FX News | Tagged advance, crude, favors, krone, norways, oil |
Oil rose for the first time in four days as the U.S. mid-Atlantic region braced for a new winter storm in coming days and dug out from a weekend blizzard. 5 Vote(s) Read More Oil Rises From SevenWeek Low on Forecast for More US Storms
Posted in FX News | Tagged for, Forecast, from, low, more, oil, on, rises, sevenweek, storms, us |
Swiss retail sales rose 3.1 per cent in real, non-seasonally adjusted terms in December 2009, compared with the month before, says the Federal Statistics Office. 8 Vote(s) Read More Retail turnover rises
Posted in FX News | Tagged retail, rises, turnover |
The Bank of England (BoE) is misguided in relying on a weak pound to boost the economy, according to City experts… 7 Vote(s) Read More BOEs faith in weak pound misguided
Posted in FX News | Tagged boes, faith, in, misguided, pound, weak |
After a rudderless G7 meeting over the weekend that saw no resolution on the Greek crisis, risk currencies drifted lower once again at the start of Asian session trade, but rebounded sharply on short covering flows when European markets opened fo 6 Vote(s) Read More EUR USD Rebounds on Short Covering
Posted in FX News | Tagged covering, eurusd, on, rebounds, short |
It has been an extremely volatile day in the financial markets with the Dow Jones Industrial average falling close 160 points only to recover aggressively in the last hour of trading to end the day in positive territory. The turn in risk appetite 6 Vote(s) Read More US Dollar Have We Hit A Capitulation Point
Posted in FX News | Tagged a, capitulation, dollar, have, hit, point, us, we |
The G7 meeting over the weekend produced no concrete proposals on the resolution of the Greek crisis leaving the currency market adrift at the start of the Monday trade. The G7 officials also discussed the possibility of an additional 15bp tax on 6 Vote(s) Read More Euro Holds Its Ground Despite Unsatisfactory G7
Posted in FX News | Tagged despite, euro, g7, ground, holds, its, unsatisfactory |
I’ve often heard the adage, “what you resist persists”, and perhaps you have, too. Ironically, sometimes I find myself resisting this message, because I’ve heard it so many times that it’s become a cliche to me. Obviously, I’m demonstrating how this saying is persisting in my life because of my resistance to it! However, … [...]
Posted in FX News | Tagged business, liberating, mind, of, the, your |
Establishment of a business can be daunting. All of your hopes and dreams plus finances are on the line and success is the only option. There are a lot of things to consider- taxes, employees, rent, inventory, insurance, benefits and yes, and everyone wants to get paid. Whether you are just starting out, your business [...]
Posted in FX News | Tagged business, for, outsource, payroll, small, why |
