November 26th, 2010 15:07:43 GMT

I thought it was the rotation of the Earth

by

After reading this dispatch from South Korea this morning, I now learn otherwise…

Many houses were blackened, half-collapsed or flattened, the streets littered with shattered windows, bent metal and other charred wreckage. Several stray dogs barked as they sat near destroyed houses. A group of South Korean marines carrying M-16 rifles patrolled along a seawall as the sun rose from the ocean.

4 Comments

November 26th, 2010 15:02:55 GMT

Risk aversion easing…

by

US equities are well off earlier lows in the cash market and even stronger relative to lows seen in the futures markets.

S&P futures were down over 15 points overnight on renewed tensions on the Korean peninsula but are now down just 5 points as a busy “Black Friday” shopping day raises hope that retailers will have a strong holiday season. That would boost GDP…

3 Comments

November 26th, 2010 14:57:14 GMT

EUR/USD lengthening rebound gains

by

Looks like we could bounce toward 1.32900/3300 technically after double bottoming near 1.3200.

USD/JPY is rallying as well, breaking 84.00 with relative ease and trading up to 84.08 so far. 84.20 stops are rumored.

Comments Off

November 26th, 2010 14:09:11 GMT

A time to give thanks…

by

If you’d like to give thanks for the gift that keeps on giving, ForexLive, hit the link and open an account with our sponsor FXDD.

The more business ForexLive brings to FXDD, the more resources we can devote to ForexLive.

3 Comments

November 26th, 2010 13:52:17 GMT

AUD/USD seeing corporate buying

by

Having seen levels above 1.00 in the last month, Aussie corporates are taking advantage of today’s weakness to do some repatriation. They’ve been buyers in the high 0.9620-low 96.30s in recent trade. Asian central banks have been buyers in the 0.96-teens, perhaps defending at 0.9600 barrier.

5 Comments

November 26th, 2010 13:49:34 GMT

Heavy exporter offers at 84.00

by

USD/JPY is chipping away at offers in the high 83.90s as the dollar melt-up continues. Large stop-loss buy orders are seen in the 84.20 region, traders report.

Comments Off

November 26th, 2010 13:47:17 GMT

Spain to talk with Eurogroup this weekend

by

Spanish economy minister Salgado says she will speak will speak with her fellow ministers this weekend on the euro.

No Need to talk of a bailout for Portugal as measures are to be adopted within their budget, she says…

Comments Off

November 26th, 2010 13:37:37 GMT

Spain to start reporting monthly on public debt

by

Oh goody! Something new to look forward to!

With Spain, the problem right now is not so much he public debt as the likelihood that bank debt will eventually become public debt, like in Ireland…Both countries had massive US-like property bubbles (which of course are the fault of George Bush because he didn’t rein in Spanish banking regulators and Irish property developers..)

32 Comments

1 11,371 11,372 11,373 11,374 11,375 11,376 11,377 11,378 11,379 11,380 11,381 15,638

About Forexlive

Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Get the latest breaking foreign exchange trade news and current updates from active traders daily. ForexLive.com blog posts feature leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials. Find out how to take advantage of swings in global foreign exchange markets and see our real-time forex news analysis and reactions to central bank news, economic indicators and world events.

Our authors have years of experience in financial markets and provide diverse, thought-provoking updates relating to news about global macro events and the worldwide forex economic calendar, with frequently updated content that is educational for traders at all levels from beginner to novice that can help traders make better decisions about forex trading. Our forex news focuses on G10 events, macroeconomic indicators, major equities indexes, treasury and bond yields from around the world, politics as it relates to forex trading and news from the FOMC as well as global central banks in, Europe and Asia.

Learn More About The Forex Live Authors Here and Follow us on Twitter, Facebook & Google+

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.