Author: Alon Levitan

The Reserve Bank of New Zealand will announce its interest rate decision at 9:00 pm London time later today, and analysts expect that the current benchmark rate will be held at unchanged at 2.5%. In general, OpenBook traders are...

With the debt crisis in the Eurozone still such a huge piece of unfinished business, the meeting of the World Economic Forum which begins today in Davos, Switzerland might seem superfluous. After all, aren’t the key...

The Euro-Dollar continues to trade above the recently broken 1.3000, most recently lower at 1.3029, but OpenBook traders are shoring up defensive positions in the EUR/USD pair, with shorts outnumbering longs by 8 to 1. The...

fThey will call him a socialist. Some of them will call him a communist. The Republicans will be sharpening their teeth and loading up the weapons that they fight so hard for the right to carry, because Warren Buffett has once...

Media reports over the weekend, one bad and one not-so-bad, sent investors of the Euro-Dollar into defensive mode. Since the currency markets opened for the trading week, bearish posturing has been the norm and it’s no...

For the brunt of the trading week, markets and traders of the Euro and other higher-risk currencies were clearly optimistic that surprisingly positive economic data from the Eurozone might be pointing to a recovery of sorts....

Among the eToro gurus who prefer to trade the Pound Sterling, trader santosh has continued to be bullish for the currency, recently closing out several long positions which eked out small percentile gains. It’s clear he...

The Australian Bureau of Statistics reported earlier that the Australian economy lost 29,300 jobs in the month of December. This was worse than analysts’ forecast of a creation of 10,200 jobs. The unemployment rate held...

The World Bank is not like your local branch of PNC. There is no customer service for the average citizen. No pristine carpets and offers of coffee. No smiling employees waiting to help you however they can. But the World Bank...

Wall Street got a solid boost from the stream of positive economic releases as well as a report from the International Monetary Fund that it was looking to raise $500 billion to boost its lending funds. Despite a Euro rally that...