US Dollar Forecast to Advance versus Euro on Forex Sentiment (Daily FX) November 20th, 2008 EURUSD – Currency trading crowds have recently bought the Euro against the US Dollar, and we forecast that the sudden shift in sentiment may bring Euro weakness against its US counterpart. Original post by […]
Private equity involved in 62% of corporate defaults: S&P November 20th, 2008 SAN FRANCISCO (MarketWatch) — Financial sponsors’ investments in higher-risk companies have come back to bite them, as more than half of the corporations that defaulted on their bonds had private equity investments, Standard & Poor’s said in a […]
Trading Theme returns… Automakers’ bailout vote today… Not using all your arrows… Housing Starts go back to 1959! And Now… Today’s Pfennig! OK… Whew! What an awful day yesterday for the currencies… In the morning, they ere in rally mode with the euro gaining ground to well within the 1.27 handle. But then […]
Just two trades this morning in the Live Room, one was a stop out, but the other was a part exit at +30 pips and a further +68 pips before the closing of the trade, almost 100 pips in all. GBP/USD - Long Call - Live Room Call: […]
So here you go, another picture telling you that I am now losing, and I am losing not realy bad, things could get better, but when I don’t know. The trading is not over, but in Romania it’s night time and I still work on other projects so I guess I will call […]
This day I have traded a lot, I still have money on the OIL Trade, unfortunately for me, the price at the London market got bellow 50 so now I am in the position of having to create another account on AVAFX because I will probably lose all the money, anyway let’s enjoy the […]
CHAPTER 3 Kinds Of Foreign Exchange Market Currency spot trading is the most popular foreign currency instrument around the world, making up 37 percent of the total activity (See Figure 3.1). Figure 3.1.The market share of the foreign exchange instruments as of 1998: 1- spot; 2 – options; 3 – futures; […]
XTO founder says he’s seen worse times in energy business November 20th, 2008 NEW YORK (MarketWatch) — XTO Energy Founder and Chairman Bob Simpson said as bad as the energy business is right now with plunging prices and frozen debt markets, it was worse when fossil fuel prices bottomed in […]
Freddie Mac: Mortgage rates decline again November 20th, 2008 NEW YORK (MarketWatch) — U.S. fixed-rate mortgages fell for the third straight week, according to Freddie Mac’s survey released Thursday. The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 6.04% in the week ending Thursday, down from last […]
Rep. Waxman new head of House Energy and Commerce Committee November 20th, 2008 WASHINGTON (MarketWatch) — Rep. Henry Waxman of California has been elected the new chairman of the powerful House Energy and Commerce Committee, replacing veteran lawmaker and Detroit-ally Rep. John Dingell. The 137 to 122 vote by Democratic […]