0.0 00 USD Index could reach 98.00 near term – Westpac FXStreet (Edinburgh) – Strategist Richard Franulovich at Westpac sees the US dollar climbing to the 98.00 handle in the upcoming sessions. Key Quotes “The latest …
Read More »Greek Parliament Votes Yes to the Bailout
0.0 00 The Greek Parliament has voted in favor of new austerity measures in a bill that will allow them to receive a third bailout to keep their imploding economy going. Before the vote, early Thursday, …
Read More »Video: USD/CAD – Continuing the Long Dollar Trade
0.0 00 The USD/CAD Forex market overcame a bearish engulfing candlestick then gapped higher. I am choosing to remain long Dollar after meeting my first target at 1.2770 to capture any upside gains. Technical Analysis Looking …
Read More »Nokia’s Return to Making Cell Phones is Complicated
0.0 00 Since Nokia sold its devices business to Microsoft (Nasdaq: MSFT) two years ago, fans and analysts have been asking when the technology firm would return to making phones. The Finnish maker of telecommunication devices, …
Read More »China’s GDP Shocks with a Higher Print
0.0 00 China’s economy seems to be steadying as a number of key data released today beat forecasts. June retail sales, industrial production and the second quarter gross domestic product (GDP) all came in higher than …
Read More »Video: USD/JPY – The Dollar Mounts a Recovery Probing above ¥123
0.0 00 The USD/JPY Forex pair is attempting to mount a recovery. The US Dollar is now probing above the ¥123 after falling to a two month low versus its Japanese Yen counterpart. Technical Analysis Looking …
Read More »Dollar Falls on Weak Retail Sales and Iran Deal
0.0 00 US retail sales came in lower than expected pushing the US Dollar lower and Treasury rates higher. That an Iran deal has dampened hopes for inflation which might cause the Federal Reserve to put …
Read More »Blockchain: from Bitcoin to back office
0.0 00 Blockchain: from Bitcoin to back office Blockchain: from Bitcoin to back office Jul 14, 2015 : Blockchain, the technology that underpins Bitcoin, has been called the ‘saviour of global finance’. Banks, exchanges and regulators …
Read More »Singapore Widely Misses Growth Targets for Q2
0.0 00 This morning Singapore released its second quarter gross domestic product (GDP) number and it sharply missed expectations. This comes after analysts had already downgraded their projections for the city-state. Growth, across the board has …
Read More »Video: USD/CAD – Deciding to Keep My Long Trade Open
0.0 00 I am deciding to keep my long USD/CAD trade open now even though a bearish engulfing candlestick has formed on the daily chart. This hints at a move lower is in the cards for …
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