Hi everyone. I have an interesting financial commentary article that I think you’ll enjoy. It comes from the likes of Claus Vogt of “Money and Markets” report (the man in the picture above) which I believe to be a reputable source of market commentary. Claus is of the belief that the Federal Reserve is more […]
0 comments alan | Articles, Fundamental Analysis, Fundamental Analysis Reports |
By: Jim Willie CB
A powerful hidden engine existed for close to 20 years called the Yen Carry Trade. The engine produced tainted trillion$ for its privileged participants, whose access to cheap money was assured and whose control of government policy was tight. The engine served two important purposes. It kept the Japanese Yen currency exchange […]
By Mark Galasiewski
The following is excerpted from Elliott Wave International’s Global Market Perspective. The full 120-page publication, which features forecasts for every major world market, is available free until April 30. Visit Elliott Wave International to download it free.
Conventional wisdom says that central banks can influence or even direct financial […]
0 comments alan | Fundamental Analysis, Educational Material, Free Stuff |
The currency markets settled down overnight, consolidating Thursday’s post ECB and G20 rush with only USD/JPY breaking rank posting a fresh 5 month high, albeit briefly, of 100.18. The DJIA managed a 2.8% gain but the proximity of an expected horrible U.S. payrolls number weighed on the Nikkei which closed just 0.3% higher. Europe is […]
Employment is widely believed to be a lagging indicator, so traders often look to wider economic announcements to try and gauge overall economic sentiment. However, traders continue to be assailed by good, bad and “less bad” news announcements from all sides and making sense of the markets at the moment may prove to be difficult. […]
3 comments alan | Fundamental Analysis, Fundamental Analysis Reports, Forex News |
Hello fellow traders. Checkout this interesting forex news blurb:
The euro may surge to $1.40 for the first time in 11 weeks on the European Central Bank’s reluctance to match the Federal Reserve in buying government debt, before falling toward $1.20 later this year, UBS AG said. The euro rose yesterday the most against the U.S. […]
Release time: Friday, January 9, 2009 — 8:30 AM ET […]
0 comments alan | Fundamental Analysis, Fundamental Analysis Reports, Forex News |
By Chris Gaffney, CFA
www.everbank.com
I’m assuming you’ll be away from the markets for a few days yourself as you spend time with your families this holiday week. So before we all take a nice break, let me give you a wrap-up of where currencies stand right now.
First of all, the mighty dollar settled in at […]
