Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.George Stephanopolous had both Tim Geithner and Alan Greenspan on his Sunday morning show. Geithner would not rule out tax hikes on the middle class to close the soaring US deficit despite assurances from Obama during the campaign that the middle class would end up with a net tax

Here you will find detailed info about currency trading and Forex training, currency exchange and online Forex trading platform.A research piece from Barcap says that if the US dollar were to fall to 55% of global reserves, the United States would be in danger of losing its AAA bond rating. Stripping out the reserve status, Barclays says the US is a AA credit right now. EUR/USD is firming toward highs not

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Housing starts rose to 582,000 at an annual rate versus expectations of a 530,000 rate. Markets view this as good news but with huge inventories of unsold new homes across the country, that logic makes little sense to me. EUR/USD has stabilized after a slide to 1.4063 and trades now at 1.4078.

Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Green shoots are turning brown as far as the beleaguered US consumer is concerned. Sentiment slipped to 64.6 in July from the final June reading of 70.8. Forecasts were for a tiny dip to 70.5. Stocks are turning south once again as the US consumer looks less and less likely to dig

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.That’s the highest since February of 2008. A green shoot. EUR/USD is a shade softer, not getting a “reflation” lift as one might expect. We trade now at 1.4070.

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Take out the stimulus and incomes were up just 0.2%, so not great news over all… Core personal consumption expenditures, the Fed’ s ffavorite inflation measures remains positive at +0.1% in May, down from +0.3% in April.

Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Italy has taken a supply-side approach to stimulus, at least in one aspect, approving a tax break for reinvested company profits. Free-marketeers would love to see more of that and less government intrusion in markets. EUR/USD is running into offers in the low 1.4100s but remains

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.It looks like we could be seeing a rise in industrial action here in the UK, after strike action was taken at the Lindsey Oil refinery. If this action escalates then power outages may take place. Cable is bouncing strongly up at 1.6450, after dipping earlier to 1.6385.

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Belgian Consumer Sentiment has crept higher in June to -18 from -19 in May. For some reason Belgium is seen as a bellweather for the rest of the Eurozone.Don’t ask me why ! Eur/Usd continues to flatline at 1.3930

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.A poor set of data out of Canada with Retail Sales falling 0.8 % in Apr and down 0.5% ex Autos too.  A quick 15 point rally in Usd/Cad to 1.1275 has been quickly reversed, as Oil continues to look strong.