... actual). We have been expecting a sizeable drop of EURUSD below 1.23 but it has not occurred. Economic data out of Europe does not yet denote the drastic weakness we see in the US. The most ...

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

“What we’re starting to see is glimmers of hope across the economy,” the president told reporters at the White House ...

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

... May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on Thursday after bleak U.S. retail sales ... in April, denting hopes the economy would soon pull out of recession. Tokyo's Nikkei share average .N225 fell 2.6 percent after ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

... pound, and Swiss franc were hit hard on Thursday as three of the biggest central banks in the continent – the European Central Bank, the Bank of England, and Swiss National Bank – all slashed interest rates. Here’s a ...

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

... rate in March, rewarding an economical rally in the awaken of a record enlargement of accredit that today runs a risk bubbles inward the country’s plus ...

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

... for blood when Geithner finally announces the key details of the banking rescue plan this week. Geithner's plan must excel in substance ... Why such high standard for him and Obama? The negativity of our times is stifling the air out of good or fair ideas for change. In our ...

forum topic - azka - 2009-03-23 15:30 - 0 comments

... EUR/USD and GBP/USD breaking important resistance 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 the last few months due to risk ...

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

... The upcoming week in forex trading features a return of data from the US. The two major events are a new interest rate on Wednesday ... And, after the Existing Home Sales on Monday, Thursday sees the New Home Sales, expected to fall to 390,000. Closing the day in ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

... show that the economy improved during the first quarter of 2009 from the preceding, at least when it comes to the manufacturing side of the economy. However, the ISM March number still holds a long way from the ...

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

... is almost empty, with only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the European Parliament regarding the economic crisis and the monetary ...

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

EUR/USD is trading heavily since the beginning of the week, and the break of psychological 1.30 was done and dusted in a ... US after 8 years of Bush administration, together with new hope that Obama will tackle the current economic deterioration left traders ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

The EUR/USD broke important resistance levels of 1.3060 yesterday, climbing even higher towards 1.32. This morning's better ... might be further upside in the coming hours. A clear break of 1.30 ahead of 1.2960 may indicate that the party is over for euro bulls and ...

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

... signals small rate cut * Trichet gives no details of unconventional steps * Yen gains broadly as share prices fall * ... the bank's likely next move could be an interest rate cut of 25 basis points.[ID:nT138276] But Trichet kept mum on details of plans ...

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

... is almost empty from important economic reports out of US and the only news we had was the inflation report of BOE and speech by King. The report showed that UK economy will continue to ...

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

After more than a month of steeply bearish price action on the EUR/USD (a daily chart of which is shown), the week of January 26-30 is looking to be a pivotal period ... below this dynamic support line, the 1.2550 region serves as the next major support target to the downside. Directly below this target is ...

forum topic - azka - 2009-01-25 19:44 - 0 comments