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FOREX-Euro extends recovery, lifted by ECB rate talk

Thu, 28 Aug 2008 04:43:37 +0000

The euro rose on Thursday, adding to its recovery from a six-month low against the dollar a day after comments from European Central Bank policymakers dimmed speculation that its next move on interest rates would be a cut. Comments on Wednesday, including those from European Central Bank Board member Axel Weber that talk about lower rates was premature, have boosted the euro and prompted broad selling in the dollar, knocking the US currency from its highest of the year on a trade-weighted basi

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GBPUSD Short Term - Resuming Trend

Thu, 28 Aug 2008 04:34:30 +0000

GBPUSD has slowly slipped lower while the other majors were consolidating, the move is marked by two descending trendlines connecting lower highs and lower lows(see chart below). After breaking a support level the pair bounced back and retested it as resistance for a couple of times, break of the smaller upswing would have made a decent entry point while placing the stops pips above the highs. Overall GBPUSD still has a bearish bias and that doesn’t show any real sign of change in the

Original post by Technical Analysis Reports

Financial System Latinwatch

Thu, 28 Aug 2008 04:34:17 +0000

Subjects · Rising uncertainties in the global economy · Latin America enters a phase of cyclical deceleration, including credit growth · Potential risks to the banking system are curtailed by a sound regulatory framework and lower dependence of external financing · Recent regulatory changes are helping to fulfil the potential of the financial sector in the region · Pending challenges of Latin American Pension Systems Editorial This is the first number of a new biyearly publication on the Latin

Original post by Fundamental Analysis Reports

Bodycote to sell testing arm to Clayton Dubilier at $764 mln

Thu, 28 Aug 2008 04:23:01 +0000

Bodycote to sell testing arm to Clayton Dubilier at $764 mln August 28th, 2008 TEL AVIV (MarketWatch) — Bodycote Plc, the Macclesfield, U.K., provider of metallurgical, testing and other services, will sell its Testing Group to Clayton, Dubilier & Rice for 417 million pounds ($764 million), the New York private-equity firm said on Thursday. The group, via 130 labs in more than 25 countries, provides technical and engineering services in aerospace, energy, transport, pharma and other fields.

Original post by Fundamental Analysis Reports

Euro-zone July annual M3 growth exceeds expectations at 9.3%

Thu, 28 Aug 2008 04:23:01 +0000

Euro-zone July annual M3 growth exceeds expectations at 9.3% August 28th, 2008 LONDON (MarketWatch) — M3 money supply growth in the 15-nation euro zone decelerated to an annual rate of 9.3% in July from 9.5% in June, the European Central Bank reported Thursday. The pace exceeded market expectations for 9% growth, according to a Dow Jones Newswires survey of economists. Three-month average annual growth declined to 9.6% in the May-July period, down from 10% in April-June, slightly above expec

Original post by Fundamental Analysis Reports

Daily Forex Analysis: US GDP Will Be The Big News On Thursday

Thu, 28 Aug 2008 04:03:07 +0000

Wednesday’s US Dollar Trading • USD whipsaws with conflicting data • Traders note volumes thin again • US data inconclusive Overnight Preview • Look for more two-way action • Should get quiet ahead of US data in the morning Looking Ahead to Thursday All times EASTERN (-4 GMT) • 8:30am USD Prelim GDP q/q • 8:30am USD Unemployment Claims • 8:30am USD Prelim GDP Price Index … [visit site to read more] Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for

Original post by Fundamental Analysis Reports

Forex Trading News: EURUSD Finds Nice Support at 61.8%

Thu, 28 Aug 2008 03:53:19 +0000

Forex Trading News: EURUSD Finds Nice Support at 61.8% The EURUSD was able to break through the 61.8% level during the Asian session, which was the resistance at the time. Now this same level has provided a strong support as the pair has bounced off a few times breaking 1.4800 hitting session highs at 1.4807. Forex Videos - August 28th 2008 FXDD Daily Market Outlook Thursday will be a big trading day in the forex. Get the information you need to trade like the pros at FXDD. Forex

Original post by TopForex.info

Forex trader, Why So Serious?

Thu, 28 Aug 2008 03:28:01 +0000

(by daily20pip.com) Hi traders, you already know that earning your way around Forex trading is challenging but rewarding. It’s going to require a learning curve, so you’re going to need to learn some things about Forex trading before you start to trade with your own money. If done properly, though, you can become a rich trader. Just don’t be so serious at the beginning level as a trader. Don’t bring your Greedy there. when you do begin to trade, start trade small. This lets you learn how to

Original post by Free Forex Signals | Forex Tips | Forex Lesson | Indicators and EA

European shares edge lower

Thu, 28 Aug 2008 03:23:01 +0000

European shares edge lower August 28th, 2008 LONDON (MarketWatch) — European shares traded flat-to-lower on Thursday morning as autos lost ground amid another uptick in crude-oil prices. Financials also struggled, with shares of French lender Natixis down 4.9% after the firm posted a near-1 billion euro quarterly loss after taking a 1.5 billion asset write down. The French CAC-40 index lost 0.2% to 4,364.85, the German DAX 30 index fell 0.4% to 6,299.02 and the U.K. FTSE 100 index declined

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Air Berlin profit up 38%, sees further cost savings

Thu, 28 Aug 2008 03:23:01 +0000

Air Berlin profit up 38%, sees further cost savings August 28th, 2008 LONDON (MarketWatch) — Air Berlin said Thursday that its second-quarter net profit rose 38% to 8.3 million euros ($12.2 million) as revenue for the quarter grew 6.7% to 869.5 million euros. The group said earnings before interest and taxes fell to 13.8 million euros from 18.7 million euros due to the impact of transaction costs and consultancy fees related to the cancellation of the Condor acquisition as well as the high

Original post by [Technorati] Tag results for forex