Top officials from the US Treasury and the International Monetary Fund are privately worried that Europe’s `Grand Plan’ to overcome the debt crisis is fundamentally deficient and may fail to restore market confidence. Read More Lack of ECB firepower weakens Europes Grand Plan
Posted in FX News | Tagged ecb, europes, firepower, grand, lack, of, plan, weakens
At the last count British companies had ?688bn sitting in their bank accounts. Read More Our woes stem from a lack of spending not a shortage of money
Posted in FX News | Tagged a, from, lack, money, not, of, our, shortage, spending, stem, woes
Retail sales rose 0.1 percent in June, as stronger sales at motor vehicle dealers were offset by reduced spending at gasoline stations. The 0.8 percent rise in motor vehicle sales was a slight surprise and follows three consecutive months of decline. Motor vehicle sales have been held back by shortages Read More Consumers Still Lack [...]
Posted in FX News | Tagged consumers, lack, power, purchasing, still
Well if you’ve been listening to and watching the news, chances are you’re probably more confused than you were before. You can’t be blamed, there is a distinct lack of rationality presently at play in this market and those looking to get involved will do more damage to themselves than Read More Distinct Lack Of [...]
Posted in FX News | Tagged and, distinct, lack, of, rationality, themes
When it comes to annoying mantras, I’m beginning to think that the Coalition Government may give New Labour a run for its money. Read More Which is creepier Osbornes lack of conviction or Camerons passion
Posted in FX News | Tagged camerons, conviction, creepier, is, lack, of, or, osbornes, passion, which
There were high hopes that the return of speculative liquidity this week (after the extended US holiday and the general return from summer vacation) would encourage a meaningful trend development. Yet, nothing has developed; and lethargy is setting back in. Read More A Lack of Fundamental Drive Resolves Oil to Congestion, Breaks Gold Trend
Posted in FX News | Tagged a, breaks, congestion, drive, fundamental, gold, lack, of, oil, resolves, to, trend
European leaders standaccused of sparking unease and confusion after failing to present a concrete plan to provide emergency support. Read More EUs lack of detail on Greek rescue leads to confusion
Posted in FX News | Tagged confusion, detail, eus, greek, lack, leads, of, on, rescue, to
Looking at a higher-timeframe chart of gold, it would seem there was very little activity in gold Friday. While the metal failed to maintain the aggressive trend that began the week, there was still plenty of volatility to carry the session through. Most of the day’s activity was centered on the short period following the [...]
Posted in FX News | Tagged a, appetite, disappointing, dollar, following, gold, lack, nfps, of, on, overcomes, risk, us, weaker
