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Post of the Day: Evening Star
Published July 9, 2009, 9:19 pm, Daily FX
Can candlestick patterns be used as conformational indicators?
Post of the Day: Evening Star
Published July 9, 2009, 9:03 pm, Daily FX via Yahoo! Finance
Student’s Question: Can candlestick patterns be used as conformational indicators?
Gold futures dashed higher as the euro gained ground against the greenback
Published July 9, 2009, 1:51 pm, Schaeffers Research
Stocks once again had trouble picking a direction today, ricocheting in and out of positive territory for most of the session...( Read More )
Indian Hotels Company (Rs 58.15): Sell
Published July 9, 2009, 11:47 am, The Hindu
We recommend a sell in Indian Hotels Company from a short-term trading perspective.
The insurance issue might be close to a deal with its bailed-out sector peer
Published July 9, 2009, 6:36 am, Schaeffers Research
Today's column includes renewed deal talks from MetLife, Inc. (MET), a cautious analyst note for SunTrust Banks, Inc...( Read More )
RBC Says ‘a Lot of the QE Risk Has Been Discounted’ for Pound
Published July 9, 2009, 12:37 am, Bloomberg
July 9 (Bloomberg) -- The pound may rise following a possible announcement today by the Bank of England that it will increase the size of its asset-purchase program, according to RBC Capital Markets.
GBP/JPY May See Additional Volatility Ahead of the Bank of England's Rate Decision
Published July 8, 2009, 2:34 pm, Daily FX
On Thursday, the Bank of England is expected to leave rates unchanged for the fourth straight month on July 9 at 7:00 ET at an all-time low of 0.50 percent.
GBP/JPY May See Additional Volatility Ahead of the Bank of England's Rate Decision
Published July 8, 2009, 2:09 pm, Daily FX via Yahoo! Finance
On Thursday, the Bank of England is expected to leave rates unchanged for the fourth straight month on July 9 at 7:00 ET at an all-time low of 0.50 percent. The central bank’s last policy statement essentially signaled a neutral stance, as no expansions to their quantitative easing program have been revealed.
Yen Rallies Most in Seven Months on Earnings, Safety Demand
Published July 8, 2009, 1:51 pm, Bloomberg
July 8 (Bloomberg) -- The yen rose the most against the dollar in seven months and advanced versus the euro as concern U.S. corporate earnings will drop led traders to cancel bets Japan’s currency would weaken as the global economy recovered.
Oil falls for the sixth straight session, marking the longest losing streak since late 2008
Published July 8, 2009, 1:51 pm, Schaeffers Research
It was a wishy-washy session on the Street today, as traders digested the latest economic and energy data, and prepared for the start of second-quarter earnings season...( Read More )
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