Forex News Feeds

ETFs That May Be Affected By Clean Energy Bill
Last Friday, the House passed the Waxman-Markey Clean Energy Bill, in an effort to reduce the U.S. addiction to oil and adopt more clean energy practices. The bill is in the Senate, and if it passes, it could have a wide-ranging impact on certain exchange traded funds (ETFs). The goal of the bill ...

Expected Next 30-Day Volatility Is Still Well Above The Non-Crisis Level
One simple way to translate the VIX index (^VIX) into an easy to understand monthly implied volatility is employing the following equation: Next Month Expected Volatility = VIX/100/sqrt(12) The result simply says that over the 30-day period, the SP500 is expected to have a volatility of plus/minus a given percentage. The following graph shows the ...

America: Decline Or Revival?
As my American friends fire up the barbeque on this Independence Day weekend, I invite them (and my other readers) to ponder the long-term fate of America. The end of Pax Americana? The past few weeks has seen more bad news for American standing and influence. The Chinese are questioning the long-term ...

Hotel Metrics Down, Others Finally Catching On
The second quarter of 2009 proved to be even more challenging than the first for hotel companies in the United States. And as it becomes increasingly clear that a recovery in the industry isn’t likely to happen any time in the near term, others on Wall Street have begun to change their ...

A Clear Picture On The US Debt Situation
With all of the rhetoric, obfuscation, and spin coming out of Washington these days, some might find it hard to see just where our current policies are leading us. One look at the following chart of federal receipts, outlays, and borrowing, however, and the facts seem pretty clear. Put that together with the ...

Understanding Leveraged ETFs
You’ve probably heard about leveraged ETFs: Funds designed to deliver twice or even three times the return of their benchmarks. Just last week, ProShares launched the first triple-leveraged ETFs tied to the S&P 500 index. ProShares UltraPro S&P 500 (UPRO) is a 3x ETF for bulls, while ProShares UltraPro Bear S&P ...

Hitachi Expanding Hybrid Cap
Hitachi Ltd. (HIT), a Tokyo-based global conglomerate, is expected to supply advanced lithium-ion batteries to General Motors (GMGMQ.PK) in 2010 for use in its gasoline hybrid-electric vehicles (HEV). The deal with GM will increase Hitachi’s production capacity for lithium-ion and expand its business in the automotive-related field. It will also meet ...

Your Summer Housing Market Update
Every few months, I feel it’s my duty to let you know the latest about what’s going on in housing. There is simply so much off-the-wall blather, bogus data, and downright misinformation out there that if I don’t cut through it, I don’t know who the heck will! In a nutshell, we’ve ...

GBP/USD Breaks Trendline Support Giving A Potential Bearish Clue
The GBPUSD broke below trendline support yesterday and has been able to stay below the level today. The trendline has provided support on 4 separate occassions during GBPUSD’s move higher from the April 22nd low of 1.4396 to the high reached June 30th at 1.6743. The trendline was broken at the 1.6435 level ...

Interesting Week Leading Up To Independence Day
What an interesting week this has been. Tuesday, the S&P gaps higher to a new 6-day high, promptly reverses, closing lower on the day. Classic short term sell set up? Not in this new age marketplace, as shorts were jammed pre-market Wednesday, with the index gapping higher, taking out the previous day’s high, and setting a ...

How To Trade The UK Employment Myth
In the first article, Exploding The UK Employment Myth, I suggested that the current job situation wasn’t as positive as the figures suggest. So what are the implications for other parts of the economy and how can I trade this? To consider all the economic implications would be like writing a dissertation so ...

Signs That The ETF Industry Continues To Shift
Since the inception of the first U.S.-listed exchange traded fund (ETF) in 1993, the industry has blossomed. According to the National Stock Exchange, at the end of May 2009, there were 829 ETFs and ETNs listed in the United States offered by 18 different providers on three stock exchanges, comprising total assets ...

Head And Shoulders: A Parody
Has your ability to forecast the market gone dry? Feel like equities are being driven by a bunch of flakes? Are you itching to see stocks find their rightful levels? Well, you can now say good-bye to flakes with Head and Shoulders! “A few weeks ago I noticed that profits had been avoiding me ...

Tesco Begged To Shaft Taxpayers By Brown
I know this story, Tesco to buy Northern Rock, has been floating about for a few days, but I had not had enough time to get round to addressing it. Effectively, the Government wants to sell a bank in order to prove that it can actually sell all the other banks it has ...

Indian Markets Up 254.56 Points As Sparing Freight And Passenger Fares Cheer The Markets
Sensex rose 254.56 points or 1.7% to 14913.05 Nifty rose 75.40 points or 1.7% to 4425.25. Mid Cap index rose 0.8%. Small Cap rose 0.4%. BSE 500 was up 1.5%. Sensex gainers: 25 All 13 BSE Sectoral indices posted gains. Advancers: 1341, Decliners: 1263, Unchanged: 82 Advance/Decline ratio: 7:6 Sensex Day’s Range: 14945.85 - 14499.74 Nifty Days Range: 44434.45 - 4298.95 52-Week Range: 15600.30 ...

GBP/USD Breaks Below Daily Moving Average
Sterling broke below its 10 day moving average today of 1.6420. If the market could stay below that level it may retest the 21 day moving average of 1.6331. If the 21 day moving average breaks the next support level would be in the 1.6188 area as illustrated by a trendline of ...

U.S. Dollar Sharply Higher On Unfavorable Payroll Report
The June U.S. Non Farm Payrolls Report showed that employers cut more jobs last month than estimated, curtailing demand for higher -risk, higher-yielding assets while sending the U.S. Dollar sharply higher. Pre-report guesses indicated that traders were positioning themselves for a job loss of 365,000. The Dollar rose sharply higher when the ...

A Look At How Markets Might Move This Next Quarter
Well the second quarter has just come to an end and everyone on The Street is anxious to see what the results were. According to Bloomberg, stock prices in the second quarter had rebounded sharply from the previous quarter and stock indices were up the most for a quarter since 1998. Of course much of this has ...

Is Unemployment Understated?
While the numbers that come out of the BLS on employment and unemployment are the gold standard — they’re the ones that everyone uses — there are some serious problems with the numbers. The most significant of these, to my mind, is what is known as the Birth/Death adjustment. This is an attempt ...

Petrobras Banks On Gov’t Support
Yesterday, Petrobras (PBR), the state-run oil giant, sold US$1.25 billion of reopened global 2019 bonds carrying 7.875% coupon, at 6.875% current yield. Although this is lower than the 8.125% yield on US$1.5 billion of the same bonds in February, it is still 332 basis points over U.S. Treasury yield. Currently, the amount ...

Why Coal ETFs Have Something To Smile About
The overall outlook for coal has strengthened thanks to some stabilization seen in the global economy. The commodity and its producers are projecting a better 2010, which may help coal exchange traded funds (ETFs) continue to outperform. There are several factors that are supporting a stronger outlook for coal next year. Zack’s Investment ...

Will The Budget Deficit Strengthen The US Dollar?
With The Illusion of Saving as background let me explore a very counterintuitive proposition: That the growth in the budget deficit might indirectly strengthen the dollar. It might do so by requiring a larger capital inflow (and thus a larger current account deficit) to make up for the shrinkage in domestic saving ...

Head And Shoulders And Divergences On Daily S&P 500
It’s being broadly circulated around the analysis circles, but there appears to be a distinct Head and Shoulders forming on the daily chart of the S&P 500. I’m picking up volume and momentum divergences as well, hinting that lower prices are yet to come but let’s take a look at these structures ...

Commodity Night Cap: Precious Metals, Grains, Crude Oil Fall On Poor Employment Numbers
Wheat - was down for the fourth day in a row on favorable weather, carry over supply concerns, and better than expected yields from harvesting. September futures were down another 9.35 cents to $5.6425 a bushel. Corn - was down again on higher than expected acreage planting numbers and crudes decline. Corn ...

Big Paychecks Back On Wall Street
Big paychecks are back for the Wall Street Banks, as per a report published in the Wall Street Journal this morning. Leading the way is Goldman Sachs (GS), which is expected to pay $700,000 per employee for 2009, almost double from last year and slightly higher from 2007. Morgan Stanley (MS) ...

Oil Prices Plummet Nearly 4% On Bigger-Than-Expected U.S. Job Cuts
Crude oil futures plummeted nearly 4% Thursday - reaching their lowest point in a month - after a disappointing jobs report ignited investor fears that the U.S. economy’s rebound may be further off than most thought. A strengthening of the U.S. dollar against most other major currencies also weighed heavily on crude-oil prices. The ...

Video: The Week Ahead
The stories,data, and stocks that may have the greatest impact during the coming week.

Questions And Answers On California’s IOUs
Q: What are state-issued IOUs? A: They’re promises to pay a certain amount of money plus interest. By issuing IOUs, the state can hold onto cash to pay state workers and cover other debts. The interest rate will be set today as will the maturation date, which will likely be about 90 ...

4 Reasons To Take A Look At Silver ETFs
As commodities continue to remain attractive, what is driving the increased demand of silver and its exchange traded funds (ETFs)? Devangi Josji for the Economic Times states that rising industrial usage and a rebound in investment is what is making silver attractive. Silver’s exceptional electric conductivity makes it ideal for use in electronic ...

Forex Pin Bars: Hammers And Shooting Stars
Pin bars are essentially the equivalent of hammers and shooting stars in the candlestick world. These single-bar price action indicators can be exceptionally effective confirming factors for potential market turns in the forex market. Used in conjunction with other trade decision factors, most notably support and resistance, pin bars can give valuable ...

Emerson Electric (EMR) - Dividend Stock Analysis
Emerson Electric Co. (EMR), a diversified global technology company, engages in designing and supplying product technology and delivering engineering services to various industrial and commercial, and consumer markets worldwide. The company operates through five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools. The company is ...

Video: 07/02 NYC Apartment Prices Steadily Decline
NYC apartments managed to decline in the 2Q by the largest amount in decades.

Video: 07/02 Oil Prices Slide On Weak Jobs Reports
Oil prices slid again this session as weak jobs reports pushed crude prices below $67 a barrel.

High Yields With Low Risk – Is It Possible With ETFs?
When exchange traded funds (ETFs) and other assets in the markets perform an impressive nosedive, investors tend to question their portfolios and investment strategies. But there is a way to still generate yields while reducing risk in the long run. People shouldn’t give too much credence to spur-of-the-moment, reactionary investment ideas after ...

The Case For Investing In Water ETFs
Investors have realized the value in water investments, as companies that manage potable water for consumption or irrigation are becoming profitable. The scarcity of water has taken the resource to a commodity-level investment and exchange traded funds (ETFs) are a way to get good portfolio exposure. For investors interested in the water sector, ...

Video: 07/02 Economy Loses 467,000 Jobs
The economy continues to lose jobs, now at a faster rate than in the last few months. While the unemployment rate jumped to 9.5%

Video: 07/02 Investors Steer Clear Of Higher-Yielding Currencies
Poor jobs data from the United States and Europe has led the way for further declines within higher-yielding currencies this session.

Video: 07/02 Valdes: V-Shape Recovery Unlikely
With the worst recesion since the 1930s, broker Alan Valdes says no one should expect a quick and painless recovery, just look at the employment numbers.

In A Market Collapse, You Want Your Portfolio To Be Focused On Brazil Or Germany, And Not Hong Kong!
The Capgemini/Merrill Lynch World Wealth Report appeared last week and it makes for some grim reading. But it also provides global investors with some insights into the best markets to invest in. The global population of high net worth individuals, or HNWIs - those with investible assets of more than $1 million - declined ...

Sell Signal On S&P 500 Monthly Chart?
June’s monthly candle closed with a ‘doji’ at Fibonacci resistance - that’s a bearish development as we start the new month of July. Let’s take a look at the S&P 500 monthly chart to see its current structure. We see the S&P 500 is still below levels from 1998 - in fact, price ...

Video: 07/02 Continental Has High Hopes
07/02 Airline carrier Continental Airlines (CAL) announced Thursday that a rise in load factor and a rating upgrade have helped the company overcome another slide in pasenger traffic.

Bullish Vibes Radiate From Energy Fund
(XLE) - Energy Select Sector SPDR - Investors were observed making bullish plays on the energy ETF today amid a modest share price rally of less than 1% to $48.17. The August 49 strike price had more than 10,000 calls purchased for an average premium of 2.09 per contract. Traders long of the calls are ...

It’s Doctors And Politics, Not The Market, That Control The Supply Of Doctors
The marketplace doesn’t determine how many doctors the nation has, as it does for engineers, pilots and other professions. The number of doctors is a political decision, heavily influenced by doctors themselves. And Congress also controls the supply of physicians by how much federal funding it provides for medical residencies - ...

S&P 500 Falls Into The 875-900 Range With Sentiment Turning Sour
The S&P futures are giving way to their downtrend lines at a critical juncture after today’s data confirmed that America’s employment market isn’t improving with manufacturing and production. The futures are playing with fire again, retesting the psychological 875-900 zone as the downside takes a step up in the debate ...

EUR/USD Remains Pressured As Europe/London Head Home
The EURUSD has moved below the 1.4000 level as London and Europe head home. The pair is moving toward the next target support level at hte 1.3974. This is the midpoint of the move up from the June 16 low to the high reached … [visit site to read more]

Australian Dollar: Bullish Bias Above 1215
Update on supports and resistances.

Canadian Dollar: The Bias Remains Bullish
Update on supports and resistances.

U.S. Employment Report Creates More Waves
The U.S. trading week is ending in completely the opposite fashion to its demure start thanks to yet another resounding number of jobs lost during the month of June. As a result of a payroll report reading 467,000 losses and 100,000 more than anticipated, the recovery theme suffered a dramatic setback. The rate of unemployment ...

Another Ugly Jobs Report
In June, the economy dropped 467,000 jobs, bringing the official (U-3) unemployment rate up to 9.5%, its highest level since the recession of the early 1980’s. In some ways this was a mirror image of the May report, which featured a relatively small decline in jobs (-322,000 revised from an original read ...

EUR/USD Reverses From Our 3rd Tier Downtrend Line
The EUR/USD is losing yesterday’s positive momentum after employment data from both the EU and U.S. showed rising unemployment continues to be a thorn in the side of the economic recovery. The EU’s unemployment rate came in at 9.5%, two basis points above analyst expectations, while the previous release was revised ...

GBP/USD Sinks After Negative Data Stream
The Cable is reacting negatively to the negative unemployment data points from both the U.S. and EU. Additionally, Britain’s construction PMI contracted from its previously release, coming in below analyst expectations. The positive sentiment the Pound has garnered over the past couple months has been dented by the disappointing GDP ...

Video: 07/02 Asian Markets Mixed
The major Asian/Pacific markets saw mixed results as domestic banks and commodity-related shares controlled the markets.

Swiss Franc: Rebound
Update on supports and resistances.

Japanese Yen: Under Pressure
Update on supports and resistances.

British Pound: Rebound Expected
Update on supports and resistances.

Euro: Rebound Expected
Update on supports and resistances.

Management Strategies For A Jobless Recovery
You’re a manager for a mid-sized U.S. company that’s been forced to slash its work force because of the global financial crisis. And you’ve just received a new assignment: You’re to take over a key department that was hit harder than most by the layoffs. Morale and productivity have plummeted. Your mandate: Fix ...

7 Reasons Why Canada’s Dollar Will Continue To Pounce On The U.S. Dollar
There are many dynamics working against the dollar and for the Canadian dollar. I don’t claim that these are the ONLY reasons but I do believe that they are very important dynamics that are all collectively working at the same time to bring down the USD/CAD currency pair. So let’s take a moment to discuss each ...

Natural Gas To Europe - The Great Game 2009
Europe needs gas, of which there is no shortage. Although LNG brings welcome diversity, pipeline gas costs less, and Russia has the biggest reserves of the lot. But Russia is a bit strapped right now, as CU pointed out on Monday. Ordinarily there would be a number of sensible ways around this ...

EUR/USD Remains Supported At The 200 Hour Moving Average
The EURUSD fell initially off the worse than expected job report as safe haven flow idea spurred on the dollar buying. The price tested the 200 hour MA support at the 1.4023 level, but after reaching a low of 1.4014, the price rebounded. The level will be watched going forward. The 100 bar ...

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India follows Russia, China; questions dollars primacy
PARIS Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars. The major part of Indian reserves are in dollars

British Pound May Remain Under Pressure Ahead of BoE Rate Decision
Fundamental Outlook for British Pound: Bearish - U.K. 1Q GDP Contracted By 2.4% as the final reading was revised lower from the preliminary -1.9% - The June U.K. manufacturing PMI reading rose to 47.0 from 45.4, which was the highest since May 2008 - UK

India joins Russia, China in questioning US dollar dominance
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Dollar reserves a problem for India
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Canadian dollar closed at 86.64 cents US, up 0.15 cents
THE CANADIAN PRESS TORONTO - The Canadian dollar closed at 86.64 cents US, up 0.15 cents on Friday. The U.S. dollar stood at 115.42 cents Canadian, down 0.20 of a cent. Pound sterling closed C$1.9077, up 1.36 cents and US$1.6528, up 1.46 cents. The euro

Canadian dollar is trading at 86.81 cents US, up 0.32 of a cent at 11 a.m. ET
THE CANADIAN PRESS TORONTO - The Canadian dollar traded at 86.81 cents US, up 0.32 of a cent on Friday. The U.S. dollar was trading at C$1.1520 down 0.42 of a cent. Pound sterling was at C$1.9017 up 0.76 of a cent and US$1.6508, up 1.26 cents. The euro

Canadian dollar opens at 87.07 cents US, up 0.58 of a cent
THE CANADIAN PRESS TORONTO - The Canadian dollar opened at 87.07 cents US this morning, up 0.58 of a cent from Thursday's close. The U.S. dollar stood at C$1.1485 down 0.77 of a cent. Pound sterling worth C$1.8915 down 0.26 of a cent, and US$1.6469 up

Weekend Report - Gld -Gold Falls On Stronger Dollar, Jobs Data; Copper Also Down ...
SPDR Gold Shares Weekend Report - GLD -Gold falls on stronger dollar, jobs data; copper also down Sourced WhisperFromWallStreet.com http://whisperfromwallstreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers

CSE: Revise forex laws
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India joins Russia, China in questioning dollar dominance
Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars. The major part of Indian reserves are in dollars that is

Weekly Review and Outlook: Can Dollar Rally on Confirmation of Reversal Patterns in Stocks and Oil?
Dollar and yen were under much pressure in the early part of last week as optimistic investors sent global stocks higher. Economic data were generally positive, until the release of worse than expected ADP employment and then the disappointing non-farm

India follows Russia, China; questions dollarâ??s primacy
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Forex kitty swells
Mumbai, July 4: The country?s forex reserves rose $932 million to $264.58 billion for the week ended June 26 compared with $263.65 billion in the previous week. Foreign currency assets during the week jumped $924 million to $253.73 billion against

Canadian dollar closed at 86.08 cents US, up 0.04 cent
TORONTO - The Canadian dollar closed at 86.08 cents US, up 0.04 of a cent on Friday. The U.S. dollar stood at 116.17 cents Canadian, down 0.06 of a cent. Pound sterling closed C$1.8965, down 1.05 cents and US$1.6325, down 0.82 of a cent. The euro was

Canadian dollar is trading at 86.30 cents US, up 0.26 cent at 11 a.m. ET
TORONTO - The Canadian dollar traded at 86.30 cents US, up 0.26 of a cent on Friday. The U.S. dollar was trading at C$1.1587, down 0 .36 of a cent. Pound sterling was at C$1.8948, down 1.22 cents and US$1.6353, down 0.54 of a cent. The euro was at

India Joins Russia, China in Questioning Dominance of U.S. Dollar
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India joins Russia, China in questioning dollar dominance
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What's Up, What's Down: Gold Versus the Dollar
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= Argentina Stks, Bonds Firm In Light Holiday Trade; Peso Unch
(Dow Jones Commodities News Select via Comtex) --

Dollar Wise: Take our quiz to find out your financial fitness
Take our quiz to find out your financial fitness. You can also find helpful tools and money-saving ideas from across the Web.

Over-75s' medical care cost 11.3 tril. yen in FY08
The Yomiuri Shimbun Medical costs incurred under the medical insurance system for people aged 75 and older totaled about 11.3 trillion yen in fiscal 2008, the All-Japan Federation of National Health Insurance Organizations said. According to the

Dollar Strengthening as Recession Worries Persist
DOLLAR STRENGTHENING AS RECESSION WORRIES PERSIST Story By: Spikecharts.com The week has come to an end, with dollar strong across the board and especially the euro, as the pair fell below important 1.40, amid renewed worries about the state of global

U.S. Dollar Sharply Higher on Unfavorable Payroll Report
Brewer Futures Group Commodity Report for July 3 : U.S. DOLLAR SHARPLY HIGHER ON UNFAVORABLE PAYROLL REPORT Story By: Brewer FX The June U.S. Non Farm Payrolls Report showed that employers cut more jobs last month than estimated, curtailing demand for

July 6 - ProSticks Ichimoku Forex Technical Report for Eur, GBP, J...
Tim Kelly's Marketvision ProSticks Ichimoku Report: JULY 6 - PROSTICKS ICHIMOKU FOREX TECHNICAL REPORT FOR EUR, GBP, JPY, AUD & GOLD Story By: ProSticks EUR Eur consolidated between daily and weekly kumo upper band at 1.3920 to 1.4180 seeking for

July 3 - ProSticks Ichimoku Forex Technical Report for Eur, GBP, J...
RISK DISCLAIMER: By using this web site you agree to its terms and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you

Dollar Secures Defensive Support
Trading conditions will be subdued on Friday with US markets closed for a holiday. There will be the risk of erratic trading, although the more likely outcome is that narrow ranges will prevail. Risk appetite is liable to be slightly weaker following the

Dollar Strengthening as Recession Worries Persist
The week has come to an end, with dollar strong across the board and especially the euro, as the pair fell below important 1.40, amid renewed worries about the state of global economy and the so called recovery. Stocks fell yesterday in New York, more

The Dollar Gains As The Markets Tumble And Investors Seek A Safe Haven
The greenback headed for a gain against the euro as rising unemployment in the U.S. and Europe added to speculation that the global recession will be longer than thought, boosting demand for the relative safety of the American currency. The British pound

Euro, British Pound Lag as Euro-zone, UK Data Highlight Lingering Recession
?US Dollar, Japanese Yen Mixed on Low-Volume Trading ?Swiss Franc Remains Range-Bound vs. Euro as Swiss CPI Signals Deflation ?Australian Dollar, Canadian Dollar Retrace Some of Thursday's Losses - Commodity Dollars Face High Event Risk Next Week

British Pound, Australian Dollar to See Rate Decisions Next Week
@ 11:52 am ET Terri Belkas Comments 0 Votes ? EMAIL PRINT TEXT SIZE : A A A This is article is released weekdays under the heading 'Daily Fundamentals' at 5pm EST on www.dailyfx.com The British pound and commodity dollars all face high event risk from

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