Forex

Thailand holds Emergency Meeting

The Thai government held an emergency meeting Sunday to resolve a political crisis that has crippled the country since March.
Authorities said they discussed dislodging protesters from the capital as well as how to address their grievances.
Thailand’s cabinet held an emergency meeting Sunday on how to quell the long-running standoff with anti-government “Red Shirts” [...]

Paul Ebeling on American Express Company (AXP), Caterpillar, Inc. (CAT), The Home Depot Inc. (HD), KB Homes (KBH), and Xerox Corp. (XRX).

Re-cap of the US Stock Market Action for the Week ending 23 April 2010
For the Week: the S&P 500 was up 2.1%, the DJIA rose1.7%, and the NAS gained 2%. It was the 8th straight week of gains for the DJIA and NAS, and the S&P has gained in 7 of the past 8 weeks [...]

Investing in Asian Currencies

The best currency to own when China lets the yuan appreciate won’t be the yuan, if history is any guide. It’s everything from South Korea’s won to Singapore’s dollar and Indonesia’s rupiah.
The won rose five times as fast as China’s currency in the 12 months after officials in Beijing last relaxed the foreign- exchange [...]

Paul Ebeling’s Technical Report on Wall street

Spring Edition # 1

15 March 2010 6:00 am US EDT
Dear Reader,
You can read my timely Market Reports, and Up to Date International News daily and weekly on www.livetradingnews.com , www.paulebeling.com , www.aseanaffairs.com and www.pinnacledigest.com as I round up relevant global market news and technical analysis up-dated daily. + You can see many of [...]

The US$ rose yesterday against major currencies

The USD rose against major currencies Thursday as the US Federal Reserve was reported to be more confident about the economic outlook.
 
The US central bank decided Wednesday to maintain the target range for the federal funds rate at Zero to 0.25 percent.
 
The Fed said in a statement that economic conditions are likely to warrant exceptionally [...]

Unemployment Leads to Further Contraction

U.S. service industries contracted at a faster pace than expected in July. Market concerns over rising unemployment gripped consumers and slowed spending.
The Institute for Supply Management’s index of non- manufacturing businesses, which makes up almost 90 percent of the economy, fell to 46.4 from 47 in June, according to the Tempe, Arizona-based group. Fifty is the line between [...]