Forex News and Rumors – Afternoon Update
Crude Oil Falls to Lowest Level in Nearly Two Years Crude oil for delivery in December fell back $3....
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Safe heaven USD continues to be supported. Is this the end of the EUR?
How much longer will economies skate around the word ‘recession’? On ...
Forex News and Rumors
Pound Falls to Record Low Against Euro The pound weakened against the euro – falling to a reco...
Forex News and Rumors
Pound Falls to Record Low Against the Euro The pound fell to a record low against the euro after the...
A somber day, a somber USD?
The Recession word is being thrown about as liberally as bailout monies for companies like AIG. Imag...
Racing to the Bottom or Money For Nothing*
Despite the fact that news headlines for the last few weeks were dominated by the lead-up to the U.S...
Forex News and Rumors – Afternoon Update
Yen Advances Against Dollar The yen gained on the dollar on growing expectations that investors will...
China’s half-a-trillion investment aids global equities and the ‘carry’ trade.
China unveiled ‘the’ package over the weekend worth $586b. This is a ...
Forex News and Rumors
China Reveals Its Own Economic Stimulus Plan China intends to spend nearly $600 billion on economic ...
Forex News and Rumors
Hungary’s Foreign-Credit Rating Cut Moody’s Investors Service has reduced Hungary’...
Is This The End of the Yen Carry Trade?
With the global economy worsening and on-track for a world-wide recession – see yes...
October US Employment Figures Released
US Unemployment Reaches 6.5 Percent US unemployment rose to 6.5 percent for the month of October up ...
Today’s a reality check, NFP to shed more than -300k jobs!
It seems to be a race to see which Cbank will have ‘zero’ interest ra...
Forex News and Rumors
US Jobless Rate Soars The US jobless rate jumped nearly half a percent in October to 6.5 percent wit...
Alan Greenspan – “It A’int Me, Babeâ€Â
Former Federal Reserve Chairman Alan Greenspan has spent a lot of time on the road since handing the...
Forex News and Rumors
Brazilian Real Continues to Fall The Real has declined 30 percent against the dollar as weak perform...
Obama’s honeymoon will be short lived as Global recession deepens. Is it time for the USD to shine again?
Obama euphoria is over; a reality check has investors continuing to sell equities as earnings once a...
Bank of England Slashes Interest Rates
The Bank of England cut interest rates today. This in itself was not unexpected as market watchers w...
Forex News and Rumors
Bank of England Exceeds Rate Cut Expectations The Bank of England exceeded all expectations by slash...
NFP release on Nov 7th expected to show US Economy lost 200k jobs
This Friday November 7th, the Non Farm Payroll numbers will be announced by the Bureau of Labor Stat...