Posts Tagged ‘Improve’
Elliott Wave International’s Jeffrey Kennedy explains many ways to use this basic tool
January 19, 2011
By Elliott Wave International
The following trading lesson has been adapted from Jeffrey Kennedy’s eBook, Trading the Line – [...]
This morning, the US Non-Farm Payrolls report was the catalyst that has pushed the market higher as all eyes were glued to this news. The report came in better than expected, showing that payrolls decreased 54K vs. an expectation of a loss of 105K, but 67K private sector jobs were added. The unemployment rate came [...]
All eyes were on the US retail sales figures, as the US consumer represents some two-thirds of US GDP. There was speculation that bad weather would affect this number, causing it to be lower than expected. Well, that hedge turned out to be unnecessary, as there was a negative expectation of -.2%. The number came [...]
By Fast Brokers – Gold has logged solid gains today, popping above weekly highs in the process. Gold appears to be following today’s large leg up in the EUR/USD in reaction to positive EU economic data. Germany’s employment picture improved while Flash CPI climbed to 1.5%. Rising prices and improving employment creates a more favorable [...]
In its semi-annual report to Congress, the Treasury Department once again failed to officially label China (or any country for that matter) a currency manipulator. No surprise there. While it’s self-evident that China manipulates the RMB (via the peg with the US Dollar), the political implications of such a label prevent it from being used [...]
