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* U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, on mounting worries over the impact of the recession on companies after Alcoa Inc said it will slash more than 15,000 jobs as it reduces aluminum production. * At 0938 ...
Read moreJan 07 - Short-Term Forex Technical Outlook: USD/JPY (Update) Jan 06 - A Clear Channel And Immunity To Risk Trends Stabilizes AUDCAD Range Jan 06 - Euro Expected to Form a Low Soon; British Pound Breakout Trade Jan 06 - Short-Term Forex Technical ...
Read moreOur forex trading strategies forecast that the US Dollar will decline against the Japanese Yen, as today’s impressive USD/JPY decline has generated a breakout trading signal. In fact, our “Breakout2” strategy sold the USD/JPY at 92.99 ...
Read moreEURUSD: Declines Activated At The 1.4719 Level Set To Continue - EUR ended the week on the downside at 1.3840 following its test and failure at the 1.4363 level forming a shooting star candle pattern( a top reversal signal) the past week … GBPUSD ...
Read moreHONG KONG, Jan 5 (Reuters) - Hong Kong shares rose 1.3 percent on Monday, with China Mobile rising for a second day on hopes that Chinese telecom operators will soon be issued licences to offer third generation (3G) services. China's Lenovo Group ...
Read moreHONG KONG, Jan 5 (Reuters) - By 0345 GMT the Hang Seng Index was 1.1 percent higher at 15,206.97. The China Enterprises Index of top locally listed mainland Chinese firms had risen 1.8 percent to 8,460.03. Here are some of the stocks on the move in ...
Read moreSAN FRANCISCO (Menafn - MarketWatch) -- The British pound's swift drop against the U.S. dollar has slashed prices on tourist favorites, with a London hotel room, trip on the Underground and pint of ale more than 25% cheaper than a year ago. But such ...
Read moreJan. 3 (Bloomberg) -- The euro declined against the dollar for the first week since November on speculation a weakening economy will prompt the European Central Bank to cut borrowing costs further, reducing the currency’s appeal. The pound slid to ...
Read moreThose of you of a puritan nature may have come close to fainting this morning when the Prime Minister told Andrew Marr that our biggest banks may have to lend more than they did in the boom years rather than less. "Is he totally bonkers?" you may ...
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