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Check for limited-time online deals and tool liquidationsSome retailers now use Internet web sites to liquidate large quantities of old inventory and overstocked items. As you might expect, some of these items are in short supply so you'll need to  |


It's obviously easier and faster to browse hundreds of stores on line using your computer than it is to use your feet. However, there are some times when you can't substitute an image on your screen for actually going to  |  |
Market Brief The slightly weaker US economic data, as well as worries about the stability of the US financial industry, prompted selling in risk correlated trades last week. In the FX market, high beta currencies were the biggest losers as  |  |
The Reserve Bank Board meets on November 3. Markets and most economists expect the Board will choose to follow the 25bp rate hike which was delivered on October 6 with a further 25bp's following the November meeting. After flirting with  |  |


Three major central banks meet to discuss monetary policy this week. Arguably of most interest to us will be the Bank of England's decision on whether or not to extend its programme of asset purchases in the light of recent  |  |
The UK government will unveil plans this week to spend 30 billion pounds, buying further shares of rescued banks Royal Bank of Scotland and Lloyds, The Daily Telegraph newspaper reported on Monday. The UK newspaper said British Finance Minister Alistair  |  |
Current level-1.4746 EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.4134 and 1.3523. Friday's minor downtrend reached the previous low  |  |
On Friday, US Equities reversed Thursday's gains ignoring a better than expected Chicago PMI and Michigan consumer confidence. Dow/S&P fell 2.51% / 2.81% led by financials. This morning, most Asian shares start the week in negative territory, but are well  |  |
CHF The estimated test of key resistance range levels was confirmed but relatively high bullish activity level, marked by OsMA trend indicator did not incline to the implementation of pre-planned buying positions. At the moment, considering the situation from positions  |  |
EUR/USD closed lower on Friday as it consolidates below the 20-day moving average crossing. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to lower prices  |  |
Comment : Hovering around Fibonacci support as we consolidate under this year's high, wondering which exactly is this year's currency of choice when leveraging or de-leveraging. Allow for more of the same today and slow work all week. At-the-money implied  |  |
The pivotal resistance at 1.4860 held strongly against the euro versus dollar pair's attempts to the upside, which pushed the pair to move to strongly move to the downside to touch the main support levels against around 1.4700. Momentum indicators  |  |
Daily Pivots: (S1) 0.8924; (P) 0.8957; (R1) 0.8983; More . Intraday bias in EUR/GBP remains neutral for the moment and some sideway trading might be seen. But after all, note that fall from 0.9410 should be correcting whole medium term  |  |
EURUSD The euro is advancing against the dollar after it retreated from 1.4850 on Friday. Same key support on the 1.4700 handle, formed by the 61.8% of the 1.4480-1.5060 up leg, provided a reversal level and the euro is currently  |  |
Daily Pivots: (S1) 1.5073; (P) 1.5115; (R1) 1.5148; More Outlook of EUR/CHF remains unchanged. Risk remains on the downside with 1.5238 resistance intact and another fall cannot be ruled out. But even in that case, downside should be contained by  |  |
The GBP/JPY pair has collapsed downwards, supporting the negative overview over short term basis, as we discussed several times before. Now, the positive divergence on RSI 14 revives that the internal second wave is in progress for the time being  |  |
Daily Pivots: (S1) 1.0713; (P) 1.0779; (R1) 1.0907; More . Intraday bias in USD/CAD remains on the upside for the moment and further rally should be seen to 1.1123 resistance next. On the downside, below 1.0652 support will indicate that  |  |
Daily Pivots: (S1) 0.8918; (P) 0.9047; (R1) 0.9115; More AUD/USD recovers ahead of 0.8942 support but after all outlook remains bearish with 0.9180 resistance intact. A short term top should at least be in place at 0.9326. Intraday bias remains  |  |
A new week strolls in while the major highlight of the day is on the manufacturing data that is to be released from major economies that support overall growth in Europe. Both in the euro zone and the United Kingdom,  |  |
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