ALL FINANCIAL FOREX NEWS on ONE PAGE http://www.us-forex.us Just another FOREX and TRADE NEWS Wed, 08 Feb 2012 07:49:04 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 Dow approaches 13,000, and maybe a record to come http://www.us-forex.us/2012/02/dow-approaches-13000-and-maybe-a-record-to-come/ http://www.us-forex.us/2012/02/dow-approaches-13000-and-maybe-a-record-to-come/#comments Wed, 08 Feb 2012 07:49:04 +0000 Forex-Master http://www.us-forex.us/2012/02/dow-approaches-13000-and-maybe-a-record-to-come/ It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.

Now the Dow is within reach of the rarefied 13,000 mark a level it hasnt seen since May 2008…
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Published: Wed, 08 Feb 2012 08:49
]]> http://www.us-forex.us/2012/02/dow-approaches-13000-and-maybe-a-record-to-come/feed/ 0 Australian Treasurer Swan downplays rate rise risks http://www.us-forex.us/2012/02/australian-treasurer-swan-downplays-rate-rise-risks/ http://www.us-forex.us/2012/02/australian-treasurer-swan-downplays-rate-rise-risks/#comments Wed, 08 Feb 2012 07:49:02 +0000 Forex-Master http://www.us-forex.us/2012/02/australian-treasurer-swan-downplays-rate-rise-risks/ Federal Treasurer Wayne Swan has brushed off concerns borrowers could be hit with higher bank interest rates, saying home owners and businesses could take their business elsewhere.

There are concerns the big four banks may announce an interest rate move independent of the Reserve Bank.

The cen…
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Published: Wed, 08 Feb 2012 08:49
]]> http://www.us-forex.us/2012/02/australian-treasurer-swan-downplays-rate-rise-risks/feed/ 0 Canada PM Harper in China for trade talks http://www.us-forex.us/2012/02/canada-pm-harper-in-china-for-trade-talks/ http://www.us-forex.us/2012/02/canada-pm-harper-in-china-for-trade-talks/#comments Wed, 08 Feb 2012 06:49:02 +0000 Forex-Master http://www.us-forex.us/2012/02/canada-pm-harper-in-china-for-trade-talks/ Canada PM Harper in China for trade talks

Canadian Prime Minister Stephen Harper will meet Chinese Premier Wen Jiabao on Wednesday, kicking off a four-day trip aimed at prying open more of the Chinese market for Canadian resources.

During the visit Harper will also hold talks with President Hu Jintao and other top leaders that will likel…
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Published: Wed, 08 Feb 2012 07:49
]]> http://www.us-forex.us/2012/02/canada-pm-harper-in-china-for-trade-talks/feed/ 0 ECB willing to exchange Greek bonds with EFSF http://www.us-forex.us/2012/02/ecb-willing-to-exchange-greek-bonds-with-efsf/ http://www.us-forex.us/2012/02/ecb-willing-to-exchange-greek-bonds-with-efsf/#comments Wed, 08 Feb 2012 05:49:03 +0000 Forex-Master http://www.us-forex.us/2012/02/ecb-willing-to-exchange-greek-bonds-with-efsf/ Via WSJ. This is a big deal and a surprise.

They wont take any losses but we dont know yet whether they will get back precisely what they were paid or if theyll be allowed to keep some profit.

Schaeuble hinted at something like this earlier but no one else seemed to pick up on it, except fo…
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Published: Wed, 08 Feb 2012 06:49
]]> http://www.us-forex.us/2012/02/ecb-willing-to-exchange-greek-bonds-with-efsf/feed/ 0 GBPUSD: Rallies, Set To Strengthen Further With Eyes On The 1.5929 Level. http://www.us-forex.us/2012/02/gbpusd-rallies-set-to-strengthen-further-with-eyes-on-the-1-5929-level/ http://www.us-forex.us/2012/02/gbpusd-rallies-set-to-strengthen-further-with-eyes-on-the-1-5929-level/#comments Wed, 08 Feb 2012 05:49:02 +0000 Forex-Master http://www.us-forex.us/2012/02/gbpusd-rallies-set-to-strengthen-further-with-eyes-on-the-1-5929-level/ GBPUSD Rallies Set To Strengthen Further With Eyes On The 1.5929 Level.

Having ended its three-day correction and triggered a rally during Tuesday trading session, GBP is challenging its key resistance zone at the 1.5882/5 levels. A decisive break and close above here will pave the way for further strength towards its Nov 152011 high at 1.5929. Further out, the 1.6074…
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Published: Wed, 08 Feb 2012 06:49
]]> http://www.us-forex.us/2012/02/gbpusd-rallies-set-to-strengthen-further-with-eyes-on-the-1-5929-level/feed/ 0 Greek parliament may vote on debt swap Sunday http://www.us-forex.us/2012/02/greek-parliament-may-vote-on-debt-swap-sunday/ http://www.us-forex.us/2012/02/greek-parliament-may-vote-on-debt-swap-sunday/#comments Wed, 08 Feb 2012 04:49:04 +0000 Forex-Master http://www.us-forex.us/2012/02/greek-parliament-may-vote-on-debt-swap-sunday/ Greek parliament may hold vote on debt swap terms this coming Sunday according to ANSA
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Published: Wed, 08 Feb 2012 05:49
]]> http://www.us-forex.us/2012/02/greek-parliament-may-vote-on-debt-swap-sunday/feed/ 0 Consumer credit surges again in December http://www.us-forex.us/2012/02/consumer-credit-surges-again-in-december/ http://www.us-forex.us/2012/02/consumer-credit-surges-again-in-december/#comments Wed, 08 Feb 2012 04:49:04 +0000 Forex-Master http://www.us-forex.us/2012/02/consumer-credit-surges-again-in-december/ U.S. consumers increased their debt in December by a seasonally adjusted $19.3 billion, the Federal Reserve reported Tuesday. The increase is just below November’s $20.4 billion pace which was the biggest gain in a decade. Monthly debt rose by a 9.4% pace in December, after a 9.9% pace in the prior…
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Published: Wed, 08 Feb 2012 05:49
]]> http://www.us-forex.us/2012/02/consumer-credit-surges-again-in-december/feed/ 0 How To Catch a Rising Economy http://www.us-forex.us/2012/02/how-to-catch-a-rising-economy/ http://www.us-forex.us/2012/02/how-to-catch-a-rising-economy/#comments Wed, 08 Feb 2012 04:49:02 +0000 Forex-Master http://www.us-forex.us/2012/02/how-to-catch-a-rising-economy/ How To Catch a Rising Economy

Strategists are looking for ways to trade on signs of U.S. economic renewal.

Friday’s nonfarm payroll report didn’t just upend forecasts for the U.S. economy. It also sent strategists to their screens to identify the best ways to play it. With low U.S. interest rates, the dollar is just one opti…
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Published: Wed, 08 Feb 2012 05:49
]]> http://www.us-forex.us/2012/02/how-to-catch-a-rising-economy/feed/ 0 US Dollar Index Is Breaking the 79 Support Level http://www.us-forex.us/2012/02/us-dollar-index-is-breaking-the-79-support-level/ http://www.us-forex.us/2012/02/us-dollar-index-is-breaking-the-79-support-level/#comments Wed, 08 Feb 2012 03:49:02 +0000 Forex-Master http://www.us-forex.us/2012/02/us-dollar-index-is-breaking-the-79-support-level/ US Dollar Index Is Breaking the 79 Support Level

The market is certainly a cruel teacher, and one of the most important lessons in trading and risk management is being able to admit you are wrong. The US dollar is proving me wrong today and has convincingly broken the 79 support level. As you can see in the below chart, the next major support…
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Published: Wed, 08 Feb 2012 04:49
]]> http://www.us-forex.us/2012/02/us-dollar-index-is-breaking-the-79-support-level/feed/ 0 Bernanke’s testimony on economy to Senate panel http://www.us-forex.us/2012/02/bernankes-testimony-on-economy-to-senate-panel/ http://www.us-forex.us/2012/02/bernankes-testimony-on-economy-to-senate-panel/#comments Wed, 08 Feb 2012 02:49:03 +0000 Forex-Master http://www.us-forex.us/2012/02/bernankes-testimony-on-economy-to-senate-panel/ Below are highlights from Federal Reserve Chairman Ben Bernanke’s testimony on Tuesday on the state of the U.S. economy to the Senate Budget Committee. Bernanke’s prepared testimony was virtually identical to testimony on Thursday to the House Budget Committee.

BERNANKE ON MONEY MARKET FUNDS:

…
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Published: Wed, 08 Feb 2012 03:49
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