Friday, 27 January 2012

Action Forex

Action Forex


New Home Sales Dip, Orders of Durable Goods Advanced, Jobless Claims Rose

Posted: 27 Jan 2012 01:20 PM PST

Sales of new single-family homes fell 2.2% to an annual rate of 307,000 in December, putting the annual average at 303,000 units. The tally of sales of new single-family homes in 2011 is the lowest on record (see Chart 1). On a quarterly basis, sales of new homes (see Chart 2) have been nearly flat for 2 years. The median price of a new single-family dropped to $ 210, 300, down sharply from a year ago. The inve

Daily technical outlook

Posted: 27 Jan 2012 12:52 PM PST

Good morning. Dollar's decline continues as Fed says interest rates are likely to stay near zero through late 2014. Therefore, euro, risk pairs and metals rallied big-time – as seen on the charts below. USD Index Now that support around 79.50 has been breached and the buck is testing session lows, it's not a good idea to buy dips but rather consider new selling opportunities with stops above former support z

Markets fall amid worries about Greek debt deal

Posted: 27 Jan 2012 12:46 PM PST

Despite showing gains in early trade on Friday, European stocks began falling before a meeting between Greek PM Lucas Papademos and the head of the Institute of International Finance Charles Dallara, scheduled for 16:30 GMT. The officials will continue negotiations on the debt swap, with the objective to finalize the deal with private creditors as soon as possible. According to comments made by Deutsche Bank CEO J

New Home Sales Dip, Orders of Durable Goods Advanced, Jobless Claims Rose

Posted: 27 Jan 2012 12:18 PM PST

Sales of new single-family homes fell 2.2% to an annual rate of 307,000 in December, putting the annual average at 303,000 units. The tally of sales of new single-family homes in 2011 is the lowest on record (see Chart 1). On a quarterly basis, sales of new homes (see Chart 2) have been nearly flat for 2 years. The median price of a new single-family dropped to $ 210, 300, down sharply from a year ago. The inve

Markets fall amid worries about Greek debt deal

Posted: 27 Jan 2012 11:45 AM PST

Despite showing gains in early trade on Friday, European stocks began falling before a meeting between Greek PM Lucas Papademos and the head of the Institute of International Finance Charles Dallara, scheduled for 16:30 GMT. The officials will continue negotiations on the debt swap, with the objective to finalize the deal with private creditors as soon as possible. According to comments made by Deutsche Bank CEO J

New Home Sales Dip, Orders of Durable Goods Advanced, Jobless Claims Rose

Posted: 27 Jan 2012 11:15 AM PST

Sales of new single-family homes fell 2.2% to an annual rate of 307,000 in December, putting the annual average at 303,000 units. The tally of sales of new single-family homes in 2011 is the lowest on record (see Chart 1). On a quarterly basis, sales of new homes (see Chart 2) have been nearly flat for 2 years. The median price of a new single-family dropped to $ 210, 300, down sharply from a year ago. The inve

Forex: Benefits of Trading the Forex Market

Posted: 27 Jan 2012 10:59 AM PST

Back to Forex Article List Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come differences between the Forex market, the stocks market and the futures market. Some of the benefits of trading the Forex market are: Superior liqui

Daily technical outlook

Posted: 27 Jan 2012 10:52 AM PST

Good morning. Dollar's decline continues as Fed says interest rates are likely to stay near zero through late 2014. Therefore, euro, risk pairs and metals rallied big-time – as seen on the charts below. USD Index Now that support around 79.50 has been breached and the buck is testing session lows, it's not a good idea to buy dips but rather consider new selling opportunities with stops above former support z

Markets fall amid worries about Greek debt deal

Posted: 27 Jan 2012 10:45 AM PST

Despite showing gains in early trade on Friday, European stocks began falling before a meeting between Greek PM Lucas Papademos and the head of the Institute of International Finance Charles Dallara, scheduled for 16:30 GMT. The officials will continue negotiations on the debt swap, with the objective to finalize the deal with private creditors as soon as possible. According to comments made by Deutsche Bank CEO J

New Home Sales Dip, Orders of Durable Goods Advanced, Jobless Claims Rose

Posted: 27 Jan 2012 10:16 AM PST

Sales of new single-family homes fell 2.2% to an annual rate of 307,000 in December, putting the annual average at 303,000 units. The tally of sales of new single-family homes in 2011 is the lowest on record (see Chart 1). On a quarterly basis, sales of new homes (see Chart 2) have been nearly flat for 2 years. The median price of a new single-family dropped to $ 210, 300, down sharply from a year ago. The inve

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