Posts Tagged “Stocks”
Euro Pressured Again by Spain BBVA Rumor, Risk Aversion Coming Back as Stocks Rebound Short-Lived
By admin | May 26, 2010
Euro’s recovery was rather short lived and resumed weakness today on concern of banks in Spain. Rumors circulate in the markets that Banco Bilbao Vizcaya Argentaria SA, Spain’s second-biggest bank, was unable to renew $1b of short-term funding. German five-year notes auction was also poor which drew only EUR 6.5b View full post on Action Insight [...]
You must keep some fundamental guidelines in mind when trading on the foreign exchange market. These very fundamentals are what bring back thousands of traders daily to dabble in this high risk venture. Here is valuable forex trading advice that can help anyone make money on this market, like all the pros out there!
Dollar index failed to break through recent high of 87.46 and retreated sharply as stock rebounded strongly in late US session. Sentiments are helped by strong consumer confidence data from US as well as optimistic comments from St. Louis Fed Bullard. Conference board consumer confidence jumped to 63.3 in May, View full post on Action Insight [...]
Markets sentiments are mildly hit by renewed concern in the financial health of Eurozone countries. European major indices give up earlier gains and turned read but loss is so far limited. DOW opens lower but is being resilient to 11000 level so far. Crude oil continues to struggle around 70 View full post on Action Insight [...]
In this very high tech world where we live in, software development happens in such a fast pace that new trading robots are released every month.
German Ban Naked Short Sales, EURUSD Resumes Down Trend, Stocks and Oil Tumble
By admin | May 19, 2010
Dollar and yen rebound strongly in US session as financial markets are hit by news that German government would ban naked short selling in share of the country’s ten most important financial institutions, government bonds as well as credit-default swaps of euro-area government bonds, starting at midnight. The announcement from Germany is viewed as a [...]
Dollar and yen are generally higher today as European stocks weaken on concern that austerity measures in Europe might slow the continent’s economic recovery. US stocks also open lower. Crude oil also drops sharply to as low as 72.72 while gold makes another record high 1249.7 on risk aversion. Meanwhile, dollar index rose to as [...]
Dollar and yen are firmer in US session as stocks weaken again on news that investigators are widening the probe on companies misled investors about their role in mortgage-bond deals. The preliminary criminal probe conducted by federal prosecutors now includes up to eight firms including J.P. Morgan Chase, Citigroup, Deutsche Bank and UBS. The are [...]