Posts Tagged ‘Threatens’
Quote of the day: An optimist is a person who starts a new diet on Thanksgiving Day. – Irv Kupcinet
A Happy Thanksgiving to all American readers!
EURUSD
Trading strategy: standing aside
The market is quiet and will probably remain this way until next week, after the Thanksgiving holiday. Support at 1.3300 still holds but seems fragile and it [...]
Quote of the day: When a man tells you that he got rich through hard work, ask him: ‘Whose?’ — Don Marquis
EURUSD
Trading strategy: long at 1.3400, stop at 1.3330(0.5% risk), 1st objective at 1.3450, 2nd objective at 1.3550
It’s Monday again and the euro starts the week by conserving recent gains …
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NEW YORK (MarketWatch) — Delta Air Lines (DAL) is about to see more of its domestic market get chipped away by its low-cost rival Southwest Airlines (LUV) . On Monday, Southwest Airlines announced it would purchase discount-rival AirTran Holdings (AAI) for $1.4 billion, giving Southwest access for the first time to Delta’s home base of [...]
Non-standard measures (refis at full allotment, sterilized bond buying..) are fully consistent with price stability.
Tougher sanctions needed for fiscal rule-breakers
Countries with large deficits face a period of low demand
Lower for longer in the euro area as well, sounds like…
In this era of globalization, the reliance on the inter-connectivity of markets has induced what is known as the “butterfly effect”. That is, when something happens in one area of the world, it has the potential to pervade and send shock waves throughout the rest of the world. And this is where we are today.
You [...]
Having risen nearly 30% against the US Dollar since March, the New Zealand Dollar (NZD or Kiwi) is now close to a 9 1/2 month high. While still far from the record highs of 2008, the currency is already erased a large portion of the losses it racked up since the credit crisis gave way [...]
In October, the Reserve Bank of Australia (RBA) became the first industrialized Central Bank to raise interest rates. It followed this up with two additional hikes in November and December, bringing its benchmark rate to the current level of 3.75%, by far the highest among major currencies.
This series of rate hikes caught (forex) markets completely [...]
