Posts Tagged ‘After’
By The Sizemore Letter
Bernanke: "Let's do the twist."
It’s an odd world we live in. The Federal Reserve announced what we all already knew—that slow growth and weak demand would be with us for a while—and yet this sparked a market panic that sent the Dow ($DJIA) down by more than 500 points before it recovered [...]
Quote of the day:“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.” ~ Mark Twain Good morning. Dollar strengthened across the board as a reaction to Fed being pessimistic about the U.S. economy. The Fed aims to lower long-term lending rates by swapping $400 billion in short-term bonds for long-term [...]
Quotable
"Imperfection is beauty, madness is genius and it’s better to be absolutely ridiculous than absolutely boring."
Marilyn Monroe
Commentary & Analysis
Global macro says U.S. might win in the end after all …
There is little doubt the doom and gloom crowd has the upper hand when it comes to sentiment about the U.S. economy and its future in [...]
Quote of the day: “When you have an efficient government, you have a dictatorship.” - Harry S Truman
EURUSD – 1.4348 @07:26 GMT
Good morning. Euro is back to Wednesday’s levels after the ECB raised interest rates to 1.5% as expected, signaled and further hike is likely and more importantly – suspended the collateral rules for Portugal, which means [...]
Quote of the day: “If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.” - Frank Wilczek
EURUSD – 1.4140 @08:02 GMT
Good morning. Euro remains under pressure even though it managed to recover some ground yesterday after slipping below $1.41, resistance zone around 1.4220 being strong so far. It’s been [...]
Quote of the day: “Another flaw in the human character is that everybody wants to build and nobody wants to do maintenance” - Kurt Vonnegut
EURUSD – 1.4482 @06:40 GMT
Good morning. The euro is trading lower across the board as downside pressure is amplifying despite yesterday’s ECB signal that it will raise interest rates next month. One [...]
Quote of the day: “When ideas fail, words come in very handy” - Johann Wolfgang von Goethe
EURUSD – 1.4675 @06:38 GMT
Good morning. EURUUSD is little changed after yesterday’s Bernanke Speech and upside remains under pressure in a non-volatile trading range, averaging 130-pip/day over the couple of days. Notable resistance is seen at 1.4750 followed by 1.4900, [...]
