EUR/USD: Trading the European Central Bank Interest Rate Decision
EUR/USD: Trading the European Central Bank Interest Rate Decision
Australian Dollar Rallies off of Trendline Support
Australian Dollar Rallies off of Trendline Support
British Pound Rally Stalling at former Support
British Pound Rally Stalling at former Support
Japanese Yen Intraday Pattern Favors Test of 7750
Japanese Yen Intraday Pattern Favors Test of 7750
Canadian Dollar Sharp Reversal at Trendline
Canadian Dollar Sharp Reversal at Trendline
- Gold is more than just another commodity, it’s a currency. It is THE currency that evolved in the marketplace over the last 5,000 years.
- The pressures of enormous debts will increasingly tempt the United States to inflate the US dollar so much that it will become almost worthless, in order that the debts can be easily repaid in near-worthless dollars. Gold will gain as the falling US dollar destroys trust in fiat currencies.
- The finance industry and governments have promoted fiat currencies at the expense of gold in the public’s mind for decades. From here, the investing public’s attitude to gold can only become more positive.
- Returning to currencies backed by gold is practical. Even the possibility that it might happen will cause the value of gold to rise considerably.
Bank of Moscow bailout sequence may change - official
SOCHI, Russia, Sept 5 (Reuters) - Russia's Deposit InsuranceAgency (DIA) would not
object if VTB injected 100billion roubles ($3.4 billion) into Bank of Moscow before
the central bank grants a bailout ...
Rate-setters to consider more stimulus
In a radical change of direction for Bank of England policymakers, discussion at
this week's rate-setting committee meeting is likely to centre on whether further
monetary stimulus will be needed.
TABLE-Bahrain Q2 real GDP +1.0 pct q/q, +0.8 pct y/y
Sept 4 (Reuters) - Bahrain's Central InformaticsOrganisation released the following
preliminary real grossdomestic product data for the second quarter of 2011. BAHRAIN
GDP (real) Q2/2011 Q1/2011 Q2/2010 ...
Nearly Out of Tricks, Fed May Pare Longer Rates
The dispiriting employment report again turned eyes toward the Fed. But it was unclear
if the economy’s problems were amenable to further monetary salves.
Dealers see chance of Fed's Operation Twist: Reuters poll
Wall Street sees an 80 percent chance the Federal Reserve will intervene in the
bond market to lower long-term interest rates, according to a Reuters poll, after
a report showed the U.S. jobs crisis deepened in August.