... 500 presently. It is interesting to note however, that the downside action in EUR/USD was muted today despite the strong dollar ... 500. In discussing this with colleagues we are all a bit uneasy about EUR/USD’s current price action. The last 12-24 hours have ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

... a hefty 150pbs from BOE and also Trichet’s implication that there is more easing to come, markets continued their fall with DOW JONES ... US data is always printing bad numbers, the dollar is getting stronger by the minute. The power of fear is what makes the dollar ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

... was obvious: the ECB is now very dovish. Mr. Trichet said that the outlook for price stability has improved, though he could not rule out ... markets tumbled throughout the day, with the DJIA down 4.85 percent by the NY close, indicating that risk aversion remains alive and ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... the president told reporters at the White House after getting an update on the economy from Federal Reserve Chairman Ben S. Bernanke, ... average rate on a U.S. 30-year fixed mortgage dropped to 4.73 percent in the week ended April 3, the lowest since 1971. Fed policymakers ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

... The positive reads over the last three months show that the economy improved during the first quarter of 2009 from the preceding, ... number still holds a long way from the 50 points mark that denotes contraction from growth Asian trade: Asian markets are ... to be at the start of the recovery phase, or at least getting really close to it. Additionally, the ADP report showed on ...

forum topic - azka - 2009-04-02 09:07 - 0 comments

... important to have a consumer finance regulatory authority that is willing to actually enforce the law, so that people aren’t getting gouged,” Obama told ABC News in an interview marking his first year ...

forum topic - azka - 2010-01-21 03:30 - 0 comments

... by company management and an ability to generate profits that can be used to buy back stock. A diversified portfolio of stocks ... increasing in frequency lately, which is not by itself that unusual considering the condition of the economy. If growth potential is ...

forum topic - azka - 2009-01-23 11:00 - 0 comments

... EURO Report Scenario Analysis Last week we indicated that EURUSD would most likely trade in a 1.1800-1.2850 range (1.2550-1.2850 ... Current Environment As we anticipated, GBPUSD dropped 4.4% and gave most of the gains of the previous week. The biggest drop occurred ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

... report of BOE and speech by King. The report showed that UK economy will continue to shrink next year as well and the level of ... further rate cuts form the bank and some even suggest that in the next meeting we may see another 150 pbs. The pound has ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... initial crash this morning could be blamed on the the fact that Paulson says they are not going forward with plans to bailout bad mortgage ... among institutional traders. Doesn't this really just mean that no one knows what is going on? I see a lot of traders pointing to ...

forum topic - azka - 2008-12-04 03:27 - 0 comments

... Trichet signalled on Sunday during a trip to Tokyo that the bank's likely next move could be an interest rate cut of 25 basis ... on details of plans for unconventional policy responses that are due to be unveiled at the ECB's next policy meeting on May 7. ... since March 17, before recovering to $1.2994, down 0.4 percent on the day. "The euro is facing selling pressure because the ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

... what the bank will do in the next meeting. The fact that all recent European data are contracting, is making euro bulls think twice ... This indicates how bad things are in the economy and that the worse may not be seen yet. According to official data, recession in ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

... rally in the awaken of a record enlargement of accredit that today runs a risk bubbles inward the country’s plus marketplaces. ... spending and record lending of 9.59 trillion yuan ($1.4 trillion) last year. The first quarter result is due on April 15. Debate ...

forum topic - azka - 2010-04-01 03:24 - 0 comments

... levels of 1.35 and 1.43 respectively! One would say that investors cannot wait to get rid of their dollars, who they have bought in ... participants and desperation is not liked as it shows that the US government has not really got a clue as to how to tackle the ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

... hours. A clear break of 1.30 ahead of 1.2960 may indicate that the party is over for euro bulls and another try on the downside may be in ... is if there will be further upside for the UK currency and that depends solely on the next set of economic data and if 1.40 hold for now. ...

forum topic - azka - 2009-01-28 13:21 - 0 comments