The market didn’t really move in the direction of the overall trend and as a result I didn’t get any valid signals. See how it all went down in today’s Cowabunga Surf Report. 26 Vote(s) Read More Cowabunga System Daily Update Thursday, 02 23 12
Posted in FX News | Tagged 022312, cowabunga, daily, system, thursday, update |
Recent central bank rate decision meetings highlighted the focus on economic growth and inflation targets, as the sovereign debt crisis in Europe continues to pose significant downside risks to global economies. Read More Central Bank Interest Rate Outlook February 2012
Posted in FX News | Tagged 2012, bank, central, february, interest, outlook, rate |
In 2008 in the Telegraph, Margaret Thatcher’s former foreign affairs adviser, (now Lord) Charles Powell, recounted how German Chancellor Helmut Kohl sought to win the friendship of the Iron Lady in the 1980s when the two were in power. Read More If we want the UK to grow, we should take lessons from Germany
Posted in FX News | Tagged from, germany, grow, if, lessons, should, take, the, to, uk, want, we |
AstraTech has highlighted the continued success achieved by its Atlantis CAD/CAM (computer-aided design/computer-aided manufacturing) abutment solutions in recent months. The product range is currently the market-leading CAD/CAM abutment solution in … 38 Vote(s) Read More Astra Tech highlights continued success of Atlantis abutments
Posted in FX News | Tagged abutments, astra, atlantis, continued, highlights, of, success, tech |
The greenback gave back the advance from earlier this week, with the Dow Jones-FXCM U.S. Dollar index slipping to an overnight low of 9,828, but we may see the reserve currency bounce back over the next 24-hours of trading as the rise in risk-taking behavior tapers off. Read More USD Weakness To Be ShortLived, Australian [...]
Posted in FX News | Tagged australian, be, dollar, hold, range, shortlived, tight, to, usd, weakness |
Natural gas spot price remained nearly unchanged during last week, after they had rallied a week earlier. The extraction of natural gas from storage continues to rise, but at the current rate it seems the storage levels will continue to be much h 30 Vote(s) Read More Natural Gas Storage Fell by 166 Bcf Last [...]
Posted in FX News | Tagged 166, 23, bcf, by, february, fell, gas, last, natural, storage, week |
The US is showing Britain how to create jobs – everything else we’ve tried has failed, says Jeremy Warner. Read More Firms will hire more workers if we make it easier to fire them
Posted in FX News | Tagged easier, fire, firms, hire, if, it, make, more, them, to, we, will, workers |
In light of the recent volatility in the currency market, the short-term moving averages point to a key reversal for the majors as the recent rally in risk tapers off. Meanwhile, the recent rebound in the EURCAD may develop into a larger trend as the pair continues to mark higher highs paired with lower highs, [...]
Posted in FX News | Tagged averages, defines, eurcad, for, key, majors, moving, new, shortterm, trend |
Britain better get used to weak growth and a bumpy recovery as that is the best the economy can expect over the next four to five years, a former Bank of England rate-setter has warned. Read More Weak growth is the new normal, Andrew Sentance warns
Posted in FX News | Tagged andrew, growth, is, new, normal, sentance, the, warns, weak |
Technically speaking, the spot rate looks set for a corrective wave lower on the recent momentum higher against the US dollar. Currently trading at 80.20, about 3.5% higher since the beginning of the month, the Japanese yen is hitting resistance 21 Vote(s) Read More Could There Be Yen Strength On The Horizon
Posted in FX News | Tagged be, could, horizon, on, strength, the, there, yen |