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Rising VIX Sends Investors Rushing for USD and JPY

U.S. Treasury Secretary Henry Paulson's announcement that the Treasury would no longer consider using TARP (Troubled Asset Relief Program) funds to buy illiquid assets sent shivers down Wall Street's spine today. When you add bad news from Applied Materi ...

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

Euro range bound still, Sterling not as strong this week

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 actual). We have been expecting a sizeable drop of EURUSD below 1.23 but it has not occurred. Economic data out of Euro ...

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

Obama Sees ‘Glimmers of Hope’ of Improving Economy

“What we’re starting to see is glimmers of hope across the economy,” the president told reporters at the White House after getting an update on the economy from Federal Reserve Chairman Ben S. Bernanke, Treasury Secretary Timothy Geithner, and Shei ...

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