US Banks 2nd Q earning’s to be dismal!
Ten lenders have been approved by Geithner and Co. to pay back $68b’s worth of TARP...
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Forex News and Rumors
US Trade Deficit Approaches $30 Billion The Commerce Department announced today that April’s t...
Forex News and Rumors – Afternoon Update
Ten Banks Approved to Repay Loans As expected, the Treasury Department has released the names of ten...
European Banks to follow Americans!
The IMF has reasons to be concerned. In an article in this mornings UK Telegraph, it has called on t...
Forex News and Rumors
US Gov’t to Allow Some Banks to Repay Loans The US government is expected to announce today wh...
Profit Taking, Reduced Contango Suggests Oil Prices Could Stabilize
The last three months have seen a remarkable oil rally that has doubled the price of oil from around...
Forex News and Rumors – Afternoon Update
Dollar Rises on Speculation Fed Will Increase Lending Rates The dollar matched a one-week high again...
‘An unambiguous sign of improvement’ Is it really?
The slowing pace of deterioration does not alter the fact that the US economy is weak. Construction ...
Forex News and Rumors
Obama Announces New Job-Building Projects Acknowledging that the economy still has “a long way...
Forex News and Rumors – Afternoon Update
White House Adviser Says Unemployment Will Stay High Christina Romer – White House economic ad...
US Economy Reports 350,000 Jobs Lost in April
As another economic figure points to a continuing slowing slow-down. Non-Farm Payrolls for May repor...
A few good reasons ‘not’ to hate the US dollar entirely…..!
The EUR has been the dominant currency of late. Food for thought, there are a number of reasons to b...
Forex News and Rumors
US Jobless Rises to 9.4% Unemployment is the US jumped to 9.4 percent in May with another 345,000 jo...
Forex News and Rumors – Afternoon Update
ECB Says Eurozone Economy Could Shrink Another 5% The European Central Bank has revised its earlier ...
Trichet to pressurize the US dollar even further!
It’s only natural to see the market book some deserved profits ahead of this mornin...
BoE, ECB and BoC Announce Rate Decisions June 4th
Tomorrow is a day full of economic announcements. Among the most relevant are the various announceme...
Forex News and Rumors – Afternoon Update
Bernanke Says US Must Deal With Deficit US Federal Reserve chairman Ben Bernanke said today that the...
Geithner Assures China Reserves are Safe
During the first few days of the Obama administration, newly-minted Treasury Secretary Timothy Geith...
‘Supranational Currency’ to kill the US dollar!
Russia president Medvedev stated that they will discuss a ‘new’ world...
Forex News and Rumors
Falling Stocks Give Dollar a Boost After an extended rally across most sectors, Wall Street is set t...