Russia loses control, Iceland in deficit, Swiss nearing zero, Sarkozy wants stimulus-this is only a ‘technical’ recession!!!

Posted by Dean Dec 11, 2008 Share 3

The SNB has eased O/N rates to -0.5% this morning. The race is on to be the first Cbank to have â...

Forex News and Rumors

Posted by Scott Dec 11, 2008 Share 3

UK Pound Continues to Struggle Against Euro The British pound started the day on another losing n...

Forex News and Rumors – Afternoon Update

Posted by Scott Dec 10, 2008 Share 2

Oil Gains on Auto Bailout News The New York price for crude for January delivery rose $1.02 or 2....

A Christmas wish list…..a Job?

Posted by Dean Dec 10, 2008 Share 3

Where is the love? We don’t love the greenback, we don’t love equi...

Forex News and Rumors

Posted by Scott Dec 10, 2008 Share 0

Euro Reaches Record High Versus Pound The euro reached 87.79p against the pound yesterday and som...

Forex News and Rumors – Afternoon Update

Posted by Scott Dec 9, 2008 Share 1

Australian Dollar Down on Weaker Stock Prices The Australian dollar fell today as stocks declines...

Bank of Canada Cuts Lending Rates

Posted by Scott Dec 9, 2008 Share 4

The Bank of Canada cut its key overnight lending rate by three quarter of a percentage point earlier...

Obama ‘O-phoria’! Here to stay?

Posted by Dean Dec 9, 2008 Share 3

Are we experiencing another bear market pre-Christmas rally in both equities and FX-land? Daily remi...

Forex News and Rumors

Posted by Scott Dec 9, 2008 Share 2

UK Industrial Production Down 1.7% UK industrial production declined by 1.7 percent for the month...

Forex News and Rumors – Afternoon Update

Posted by Scott Dec 8, 2008 Share 2

Wall Street Continues Gains Wall street recorded its second consecutive day of gains with the Dow...

Early Seasonal gift from President Elect Obama!

Posted by Dean Dec 8, 2008 Share 9

To start the day on such a firm footing shown by the rally in global equities is refreshing. This qu...

Forex News and Rumors

Posted by Scott Dec 8, 2008 Share 1

Markets in Europe and Asia Gain in Morning Trading Stock markets in Europe and Asia are all in po...

Managing Economies in an Era of Low Interest Rates

Posted by Scott Dec 5, 2008 Share 4

When it comes to understanding the options available to a central bank for managing an economy where...

Forex News and Rumors – Afternoon Update

Posted by Scott Dec 5, 2008 Share 0

Oil Falls on Weak Demand Over half a million jobs have been lost in the US in the past month serv...

US NFP reports 533k lost jobs, the worst since 1974

Posted by Alfonso Dec 5, 2008 Share 3

The US Economy was dealt another serious blow as job losses for the month of November reached 533k. ...

NFP -533k and the unemployment rate ticks up to 6.7%

Posted by Dean Dec 5, 2008 Share 2

Unemployment D-day! This is expected to be an ‘ugly’ number with deep...

Forex News and Rumors

Posted by Scott Dec 5, 2008 Share 1

US Unemployment Climbs to 6.7 Percent The US Labor Department announced this morning that 533,000...

Forex News and Rumors – Afternoon Update

Posted by Scott Dec 4, 2008 Share 0

Dollar Falls on Employment News The dollar fell against the Euro today as analysts expect tomorro...

‘Tepid’ Trichet to disappoint again?

Posted by Dean Dec 4, 2008 Share 4

New Zealand cut rates by 150bp, this followed Australia, who eased 100bp earlier this week. Expectat...

Forex News and Rumors

Posted by Scott Dec 4, 2008 Share 0

Central Banks in Europe Cut Rates A wave of interest rates washed over Europe this morning as sev...