Forex Signals

Quotable
“Given the magnitude of the crisis it is again too little too late. It will bring relief partly because the markets were so obsessed by the lack of leadership. The mere fact that something was achieved was a major relief and it will be good for any time from one day to three months.”
                                    George Soros
Commentary [...]

Quotable
“Never do today what you can put off till tomorrow. Delay may give clearer light as to what is best to be done.”
                                          Aaron Burr
Commentary & Analysis
It’s confidence week – is confidence weak?
I wasn’t sure how I wanted to spin the word ‘confidence’ around today – there are so many ways. So let’s just [...]

In the few short days of 2011 some themes are already emerging. One such theme is that of upwardly revised growth forecasts for the United States. Big names are on board calling for growth in the 3 – 3.5% range, which happens to be a significant amount of cushion between the “line of economic sustainability [...]

Fed’s bond buying seems to have been “helpful rather than harmful”
Labor market participation rate likely to increase from here as labor market improves
Right now wouldn’t view events in Egypt as having repercussions for US economic forecast
State and local finances dire in some places, but state budget gaps pretty small compared to size of national economy

EUR/USD firms bit more, presently at 1.2535.

Euro zone cannot allow a country to default

By Yan Petters – We at ForexYard, encourage our customers to get involved in the most intense market events. As such, we think you should know that U.S. CB Consumer Confidence figures are expected tomorrow, May 25th, at 14:00 GMT, and you need to be prepared.
What is CB Consumer Confidence?
The CB [...]