Feb 6, 2012
CHICAGO (Reuters) - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic... ...
CHICAGO (Reuters) - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little...
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The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their...
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European equities have pulled back today but this is entirely normal after last week's rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some...
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The EUR/CHF found support at 1.2030, above the “1.20 floor” that the SNB had pledged to support back in September 2011. Last week, the pair climbed above a declining...
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Feb 6, 2012
European equities have pulled back today but this is entirely normal after last week's rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed...
Feb 6, 2012
The GBP/USD was bearish after the Non-Farm Payroll release on Friday, and after a retracement to near 1.5830, the market continued lower, finding support just ahead of the 2/6 US session at 1.5730. Note that this swing “confirms” a bearish breakout of a rising channel support, AND the 1H...