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CHICAGO (Reuters) - Wal-Mart Stores Inc and other top U.S. retailers delivered disappointing December same-store sales and profit warnings on Thursday, sparking fresh recession concerns that hit stock and currency markets. Nearly a dozen retailers ...
Read more(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend line in red; horizontal support/resistance lines in yellow; chart pattern in magenta; 50-period simple moving average ...
Read moreJan 09 - New Zealand Weakness To Continue Before Short Reversal (Forex Hedging Strategy) Dec 30 - Kiwi Selling May Rest as Dollar Hits Support (Forex Hedging Strategy) Dec 24 - Australian Buying to Pullback Against New Zealand Dollar (Forex Hedging ...
Read more(*) This is the password you need to enter the hotComm room, not your FXstreet.com user account password. Discussion of previous Special Reports on FXStreet: Perceiving Forex Volatility through Descriptive Statistics (Parts I and II) How can traders ...
Read moreThe USD reversed again after the London fix today as the majors made highs and then retreated as the end of the New York session drew closer; Cable and EURO both retreated over a big figure after posting highs near technical resistance. High prints ...
Read moreDuring late 2008's unprecedented financial-market panic, gold got something of a bum rap. Since this metal didn't soar during the stock chaos like most of its investors expected, many assume something must be wrong in gold-land. But gold ultimately ...
Read moreNEW YORK, Jan 9 (Reuters) - The dollar rallied across the board on Friday in volatile trading, with investors relieved by data showing U.S. job losses in December were not as dismal as many had feared. Traders had positioned themselves for a gruesome ...
Read moreI wrote yesterday that “the decline from the July 2008 high (1.6040) can be counted as a 5 wave drop (wave 5 is truncated). 5 waves down at this degree of trend indicate that the long term trend has changed and that a multi-year bear is underway ...
Read morePlease register to gain free access to WSJ tools. An account already exists for the email address entered. Recession fears sent oil below $40 for the first time in more than four years, while stocks tumbled as well. The selling in the oil market ...
Read moreJan. 3 (Bloomberg) -- The euro declined against the dollar for the first week since November on speculation a weakening economy will prompt the European Central Bank to cut borrowing costs further, reducing the currency’s appeal. The pound slid to ...
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