larrygreenberg @ November 30, 2011 # Comments Off
Central banks tend to cut interest rates faster than they raise them, and Brazil’s committee of policymakers known as COPOM is no exception. During a six-month period from January 2009 to July 2009, the Brazilian Selic Rate was slashed by 5…
larrygreenberg @ November 30, 2011 # Comments Off
November had uncanny parallels to October. Most of October had seen a rise in risk appetite and associated weakness in the dollar and strength in equities, and in most of November just the opposite had occurred. Former Greek Prime Minister …
About.com Forex Trading @ November 30, 2011 # Comments Off
So what is a forex trade exactly. A forex trade is basically a bet on whether you think the comparison between two currency pairs will change, and which direction you think it will go. …Read Full Post
CalculatedRisk @ November 30, 2011 # Comments Off
Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 4.00% in October. This is down from 4.52% in October of 2010. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%.
Freddie Mac reported that the …
About.com Forex Trading @ November 30, 2011 # Comments Off
Trading the forex markets is no joke. This is a market the regularly eats up and spits out newcomers that are unprepared for it.
If you are new to forex, please see Trading the Forex Markets to get an idea what you are in for.
larrygreenberg @ November 30, 2011 # Comments Off
At 13:30 GMT, the European Central Bank, Federal Reserve Bank, Bank of England, Swiss National Bank, Bank of Japan, and Bank of Canada simultaneously posted statements on their web sites announcing new actions to grease their collective ability to addr…
CalculatedRisk @ November 30, 2011 # Comments Off
Fed’s Beige Book:
Overall economic activity increased at a slow to moderate pace since the previous report across all Federal Reserve Districts except St. Louis, which reported a decline in economic activity.
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District reports indicated that consu…
larrygreenberg @ November 30, 2011 # Comments Off
The one-day RP key central bank benchmark rate in Thailand has been cut by 25 basis points to 3.25% in a 5-2 vote with two policymakers who favored a reduction of 50 basis points. Officials consider policy “accommodative” but reacted …
ForexBlogger @ November 30, 2011 # Comments Off
EUR/USD surged today after the Federal Reserve and five other banks of developed nations announced their agreement to cut interest rates on dollar liquidity swaps. (Event A on the chart.) This measure is viewed b…
larrygreenberg @ November 30, 2011 # Comments Off
November ended in a flurry of good North American data cheer. Prior to today, investors learned of much stronger-than-forecast on-year growth in holiday retail sales during the post-Thanksgiving weekend. Yesterday’s news that the Conf…