Trading Around the Dollar Trading Around the Dollar Traders around the world are increasingly confounded as to how to trade the US Dollar. After multiple scares and momentum shifts pertaining to debt limits, potential Quantitative Easing, and of course soverign debt downgrades, many folks are throwing up the white flag on the Greenback and instead [...]
We use the Speculative Sentiment Index (SSI) as a contrarian indicator, and the recent shift towards selling points to … To get on the mailing list for the SSI and other reports from author David Rodriguez, e-mail subject line Distribution list to drodriguez@dailyfx.com How do we interpret the SSI? Watch an FXCM Expo Presentation that [...]
5 Reasons To Fear The Stock Market Is the stock market a place to make money or is it a financial wolf in sheeps clothing? Read more on Investopedia via Yahoo! Finance Malaysian Stock Market May Extend Gains The Malaysian stock market has finished higher now in back-to-back sessions, adding more than a dozen points [...]
First online person to person foreign exchange marketplace l Auckland – 15 June 2011 – CurrencyFair – www.currencyfair.com – the world’s first online person-to-person foreign exchange marketplace, that lets people cut out the banks and get a better deal, today launches its service in New Zealand. Read more on Scoop.co.nz Forex reserves drop by .4 [...]
FOREX: Dollar Slides on Disappointing NFPs but Risk Shift May Soon Change That The greenback closed its third consecutive weekly decline – and the progress on the pullback seems to carry the same level of momentum that the larger bear trend through the opening four months of the year. Read more on Daily FX via [...]
Employers miss opportunity to offer index funds in 401(k) plans The people who help you with your investments ought to act in your best interest. This shouldn’t be a controversial statement. Read more on Seattle Times 5/29 Is a Great Day to Start or Add to Your NC 529 College Savings Plan – New state [...]
Rupee ends marginally higher against dollar in see-saw trade Mumbai, May 26 (PTI) The rupee washed out major part of its initial gains on late dollar demand, closing just two paise higher at 45.30/31 against the US currency on smart recovery in local equities amid a weak greenback overseas.Dealers attributed initial rally in the rupee [...]
British Pound May Test 2010 High at 16457 240 Minute Bars Prepared by Jamie Saettele Yesterdays commentary remains valid but the decline from last weeks high is in just 3 waves to this point (corrective) therefore a potential push to a new high must be respected. From yesterday A reversal setup is visible on the [...]
Junk bonds: ticket to a higher yield Looking for solid returns that weather interest rate fluctuations? For investors with a greater appetite for risk, high-yield corporate bond funds are one possibility. Read more on Bankrate.com Retirement Expert, Bill Losey, Offers Toll-Free IRA Rollover Helpline Saratoga Springs, NY. April 8, 2011 While tax day looms, and [...]
PSU Japanese Students Pray For Recovery A group of Japanese foreign exchange students gathered at the student union at Portland State University Tuesday to construct a prayer tree. Read more on FOX 12 Oregon Macao’s forex reserves reach 24.44 bln USD in February The preliminary estimate of the Macao Special Administrative Region’s foreign exchange reserves [...]