Brazil Taxes Inbound Speculative Funds
In an unprecedented move for the South American country, Brazil is planning to impose a tax to inbou...
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Oil moves past $80-a-barrel mark
As the equity rally continues, commodities continue to benefit as more compenies continue to beat ex...
US Housing Starts Lower than Expected
Although the number was still in positive territory, the expectation from analyst was for a more sol...
Cad weaker after dovish comments from the BOc post interest decision.Will leave rates unchanged till June 2010.
Content is for general information purposes only. It is not investment advice or a solution to buy o...
BOC keep rates on hold, dovish communique
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US Producer Prices Fall 0.6%
Wholesale prices in the U.S. unexpectedly fell in September on lower fuel costs, a sign inflation re...
Soft U.S data has Euro/Usd testing 1.5000 , BOc interest rate decision at 9.00 am
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A large EUR 1.5000 strike option expires this morning
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Bernanke’s iPod play list urges ‘US to be frugal and Asia to consume more’
Apparently, this is how we should be tacking global imbalances of trade. Ben was rather outspoken on...
Federal Reserve Chair Calls for US to Cut Deficit
While addressing a conference in California earlier today, US Federal Reserve Chairman Ben Bernanke ...
Fed’s Reverse-Repo Position
It is believed that the Fed have been speaking with Primary Dealers about restarting Reverse-Repo op...
Euro/Usd testing support at 1.4900 in quiet markets ahead of Bernanke at 11.00 am
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Oil Looks to Extend Gains
Oil prices started the week on an “up” note pushing prices to a new high for 2009 of $78...
The dollar sees red!
Technically nothing has changed for the USD. Still not loved, not wanted, no matter how much sugar y...
USD/CAD under pressure from a large LHS Morning Fix
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US hardens stance on China’s currency rigidity
Maybe the Obama administration hasn’t heard what Soros and Japanese officials are saying regar...
Soros on Currency Arrangements Calls for more Regulation
George Soros speaking in front of a crowd at a the Economist event: Billionaire investor and philant...
Eurozone trade falls into deficit
Germany had already hinted at the fall, as the largest exported suffered a drop but was still in sur...
Japanese Advisor to Finance Minister Declares China is Needed to Boost Dollar
After China’s foreign exchange reserves hit $2.27 trillion at the end of September the importa...
Canada’s September Inflation Rate Falls to -0.9%
Canada’s Consumer Price Index (CPI) fell by one tenth of a percent in September to minus 0.9 p...