In the good old days, if you were an irresponsible sort of chap ( or chappess), you could run up bad debts in one county, State, or country, and just nip across the border and do it again. You only had to look at Spain’s record in the 60’s and 70’s, when many a train [...]
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The dollar suffered its worst weekly performance in a month. What initially looked like a promising open to the period, quickly turned into a dramatic decline for the struggling greenback as the few fundamental compliments for the currency have failed to gain traction. Despite the potential indirect benefit the dollar could garner from uncertainty surrounding [...]
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Despite being a Danish holiday today the rest of the world remains open, but honestly given the nature of price action in the last 12 hours you’d never know it. Asian equities were extremely quiet as has been the case for the better part of this week and the Bank Read More Little To Go [...]
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Read More Yen Little Changed after Trade Balance, Bank Lending Data
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The Canadian dollar traded near its opening level versus the US currency after it earlier rallied on the gains of the commodity prices and the record prices for crude oil. The loonie slipped against other currencies as the Canadian house prices declined and the US consumer confidence worsened.(…)Read the rest of Canadian Dollar Falls vs. Euro, Little Changed vs. US Dollar (128 words) Posted on Forex News. Read More [...]
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Read More Deflation Continues in Japan, Yen Little Changed
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Australian Westpac leading index released today, showing a little changing during the month of September, as dwelling approvals slumped along with productivity declined. On the other hand, the Australian economy is witnessing a good performance better than other major economies. Read More The Australian Westpac Leading Index Little Changed In September
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While volatility in gold and currency markets is still relatively high as traders speculate ahead of the much-anticipated Fed meeting next week, crude oil markets and equity markets are almost dead. Read More Crude Oil Little Changed as Traders Shun Big Bets, Gold Puts in a Meaningful Gain as the Dollar Plunges
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One of my all time favorite books was ‘Think and Grow Rich’ by the well known author Napolian Hill where he talked about various personal development topics and how to develop the habit of winning in life. This is basically where the title for this article comes from. Although the article here is slightly off [...]
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Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
Federal Reserve Chairman Ben Bernanke’s comments at the Annual Conference of the Committee for a Responsible Federal Budget levied little relief for the U.S. Dollar, which has been among the worst performing currencies in Tuesday’s session. Read More Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
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