Results 1 - 10 of 427 for "FOREX"
As we enter the final month of 2008, it’s time to start thinking about what will be hot in 2009. To start that off, I want to revisit this post I made on SeekingAlpha in late September of 2008 — a little more than two months ago — regarding preserving your wealth in our current economic downturn. Here’s a reassessment of that view: 1. My macroeconomic view remains unchan...
The USD/CAD has moved above the 100 hour moving average at the 1.2472 level. The pair has been testing this level over the last few days. However, each time the price has moved above the level, it has come back down. This time may be the breakout move to … [visit site to read more] Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more gre...
Multinational corporations, for several quarters, saw their earnings grow as a result of the weakness of the U.S. dollar. Since the dollar reversed course and began to strengthen in the mid-summer, this advantage has eroded. After reporting third-quarter earnings, the guidance issued by many multinational companies was based on certain assumptions of the dollar’s strength. Some of those c...
Dec. 1 (Bloomberg) — Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. …and the monetizing of debt begins. I’ve talked extensively in several issues of Bourbon and Bayonets about the coming turmoil in long dates U.S. tre...
The GBP/USD tested the 38.2% retracement level of the move down from the Nov 25th high of 1.5532 and the low today (Tuesday) of 1.4775. The level comes in at 1.5064. The high correction price was 1.5067 so far today. This level will be watched as a good resistance level today. I would expect sellers against the level as the pressure on the GBP will likely remain going into the rate announce...
The USD/CHF is testing the 100 hour moving average at the 1.2043 level. However, the pair is largely in a consolidating pattern after hitting a high on November 21st at the 1.2287 level. Since the high, the pair corrected sharply - moving below the 100 hour moving average in a convincing fashion. The downside momentum was not maintained, however, and the ideas of a larger correction lower wa...
EUR/USD is consolidating, getting ready to break out either to upside or the downside. The trend has been down, so we should expect that the trend of the Euro will continue. a href=”http://1.bp.blogspot.com/_boO_BV8n9ko/STU3YcSk4FI/AAAAAAAABdg/GZoAc193fhU/s1600-h/Capture.JPG” onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}”> US dollar continues to ...
As European equities push near session highs (the FTSE and CAC still in the red however), the JPY has trimmed some of its earlier gains. This comes behind the DJIA (^DJI) falling over 8% as a US recession was confirmed yesterday and major Asian equities dropping across the board today. Before the turn around in European equities, the USD fell to a five-week low vs. the JPY while the GBP broke...
USD holds gains against most pairs USD/JPY drops to low 93’s US data dismal, volumes drop Overnight Preview Look for follow-on selling of USD/JPY on weaker equities USD still inside larger ranges Looking Ahead to Tuesday All times EASTERN (-5 GMT) All Day USD Total Vehicle Sales 12:30pm USD FOMC Member Plosser Speaks Summary Falling equities, weaker US economic data and fear of larger tha...