Britain’s economy is in the grip of its first double-dip recession for 35 years, City forecasters believe. Read More Britain in the midst of first double dip since the 1970s
Posted in FX News | Tagged 1970s, britain, dip, double, first, in, midst, of, since, the
Retail sales rose 0.5 percent in October, increasing for the fifth-straight month, according to a government report. The economy expanded at a 2.5 percent pace in the third quarter, from 1.3 percent in second quarter, the Commerce Department said Oct. … 32 Vote(s) Read More Dollar Status Grows as Foreign Banks Double Deposits at Fed
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Growth forecast and youth jobless likely to hit one million. Read More David Cameron hit by double whammy on growth and jobs
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The 4H GBP/JPY chart shows a market that made two lows one at 116.83 in September and another at 116.97 in October. The market then rallied above the 120.60 pivot, forming a double bottom.Note that the RSI reading in this time-frame rose above 70, reflecting bullish momentum in the medium Read More GBP JPY Attempting [...]
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Nonfarm payrolls registered no change in August, another disappointment relative to expectations. As evidenced in the top graph, the current recovery continues to generate far fewer jobs than many expected and far fewer than at this point during the 1990 and 2000 expansions. Overall job growth continues to be restrained Read More Double Trouble Zero [...]
Posted in FX News | Tagged amp, double, growth, high, job, trouble, unemployment, zero
The Empire Manufacturing survey gave a cold blow to the US fundamentals being the first release out of the gate for this week. It showed that New York manufacturing sector in contraction for the third straight month. The expectation had been for around a flat to slightly positive reading and Read More USD Faces Double [...]
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Over the past eight trading days the euro has lost 5.5% against the dollar returning the united currency to levels not seen since March. The Australian dollar is down 3.9%, the New Zealand dollar 3.0% and the pound sterling 3.4%. Have the hidden qualities of the American dollar suddenly become Read More Double Reversal The [...]
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British economic growth slowed to 0.3pc in the three months to April from 0.5pc in the three months to March, the National Institute of Economic and Social Research said. Read More UK recovery slows, but Niesr sees no double dip
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Since its inception, the Internet has been a resource for many things. It has been considered as a pragmatic tool for the development of the economic industry. One good thing about the Internet is that it offers a lot of opportunities and tools in order to develop a particular business. For instance, online businesses are [...]
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Analyzing a Candlestick Formation is more of an Art than a Science Read More Identifying a Double Top
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