Recent Commentaries tagged (fx)
Wall Street and Euro Lifted on Greece
Wall Street rallied higher on reports that Greek leaders were close to agreeing on austerity measures that is a requirement for the nation to get a second rescue package. Several news organizations reported that government officials were preparing the final documents that would allow Greece to qu...
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Tags: forex | online-forex | stock-market | etoro | fx | eurozone-banks | financial-news | forex-news
Dow Jones Index under 5000 by 2013?
As my first post to Guru Talk, I wanted to share an insightful article written by Tom Hougaard last year. For those who haven't heard the name before, Tom is a highly successful market strategist, has worked for some of the UK's leading financial brokers, and has conducted over 1000 interviews ac...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | forex-news
British Taxpayers Are Not to Be Messed With
In Britain, they do not joke around. The former chief executive officer of the Royal Bank of Scotland, Fred Goodwin, was stripped of his knighthood by Queen Elizabeth II Wednesday as punishment for his role in the 2008 financial crisis. The title was originally given to the banker in 2004 for his...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | china-s-explosive
Trading the Reserve Bank of Australia...
The Reserve Bank of Australia is scheduled to announce its interest rate decision at 3:30 am London time on February 7th. Analysts are forecasting that the RBA will cut rates by 25 basis points. Australia has been one of the best performing economies in 2011 despite a global financial crisis due ...
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Tags: forex | online-forex | stock-market | etoro | fx | eurozone-banks | financial-news | forex-news
Bullish Traders Speculate that Greek...
With only hours left for the Greek government to accept the latest conditions to secure the second EUR130 billion bailout loan, the Euro is under heavy pressure. Last week's rally is nothing but a distant memory, and the Euro-Dollar is currently at $1.3058, nearly 80 pips lower than Friday's clos...
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Tags: forex | online-forex | stock-market | etoro | fx | eurozone-banks | financial-news | forex-news
U.S. Labor Data Beats Forecasts,...
The U.S. Bureau of Labor Statistics reported earlier that January's non-farms payroll data showed the creation of 243,000 new jobs. Analysts polled ahead of the release were forecasting an increase of only 150,000 new jobs. December's data was revised to 203,000 new jobs. Notably, the unemploymen...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | china-s-explosive
Speculation of SNB’s Move Keeps Swissie...
Swiss bulls stand at the ready for an SNB intervention. Speculation is rife that it will come soon and recent data pointing to a slowing down of the Swiss economy may hasten the decision. Yesterday, it was reported that the pace of Swiss manufacturing slowed in January, even as the frail Eurozone...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | forex-news
OpenBook Traders Jockey for Position as NFP...
The U.S. government will later today release data for January's non-farms payroll sector. The ADP report released on Wednesday showed that 170,000 new jobs were created against expectations of 185,000 and a marked decline from 325,000 in December. Given that, analysts are expecting that the Burea...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | forex-news
OpenBook Traders Gain on Wall Street Rally
Wall Street rallied on the U.S. Non Farm Payrolls report which showed that 243K jobs were created in the month of January. The unemployment rate dropped to lowest level in 3 years at 8.3%. The data beat analyst expectations and boosted U.S. Dollar bulls and stock markets. The December data was al...
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Tags: forex | online-forex | stock-market | etoro | fx | eurozone-banks | financial-news | forex-news
Weekly Review OpenBook Roundup
Today we want to draw our readers' focus to guru sadiqashanaz97 who is on track to record a 12-month P&L of some 360%. This trader, who has 1467 followers and 150 copiers, has a diverse portfolio and employs a generally low to mid-risk trading strategy. The trader focuses primarily on the EUR/USD...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | china-s-explosive
Trading the U.S. Non-Farm Payrolls Release
The United States will release Non-Farm Payrolls (NFP) data on Friday, February 3rd 2012. The market consensus is for the creation of 153K jobs in the month of January. Market expectations are cautious after the December report which showed that 200K jobs were added to the economy in the same mon...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | payrolls-release
Aussie Dollar Lifted by Sentiment and...
The Aussie Dollar gained against the U.S. Dollar after the release of positive economic reports from Australia. Australian trade surplus increased to 1.7 billion Australian dollars in December. This was much higher than analyst expectations of a surplus of 1.2 billion Australian dollars. In Novem...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | china-s-explosive
OpenBook Traders Bullish on SPX500 after ADP...
The private sector ADP report showed that 170,000 jobs were created in the month of January. This completes two years of job gains mostly led by small businesses and the services sector. Overall the labor market is on the path of recovery according to economists who see the creation of jobs and t...
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Tags: forex | online-forex | stock-market | etoro | fx | private-sector-adp-report
Asian Markets Down on Chinese Data
Chinese data showed that manufacturing has struggled in January. The Chinese PMI printed at 50.5 in January. This showed that manufacturing activity neither expanded nor contracted in January. Economists expect that Chinese policy makers are unlikely to react as the PMI reading does not show cont...
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Tags: forex | online-forex | stock-market | etoro | fx | eurozone-banks | financial-news | forex-news
Abrupt End to Euro Rally has Traders...
A new month opens with a sell-off in the Euro, which hit hard and fast and continues to show signs of retreat. What caused it specifically isn't clear, though a predominantly bearish sentiment is not unusual given that the underlying factors which created the Eurozone crisis remain. Recently, the...
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Tags: forex | online-forex | stock-market | etoro | fx | foreign-exchange | financial-news | china-s-explosive
