financial news

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Highlights The US dollar is sporting a firmer profile against most of the major currencies but is largely confined to yesterday’s ranges.  The yen is a main exception and been bid higher across the board as risk appetites wane. …

Must-reads: Short-term bounce but fundamental weakness 10 Reasons To Be Bullish & 1 BIG Reason To Be Bearish - Trader's Narrative Chart of the Day: S&P 500 stocks above 50-Day moving average – is this bullish? Technicians…

Highlights The US dollar appears weaker across the board as New York traders return from the holiday weekend, but this is mostly a function of its modest bounce yesterday.   The greenback is near levels seen just before the…

Highlights US dollar was mostly firmer vs. the majors as the risk off trading environment carried over from last week, albeit in thin holiday trading.  Yen and Swiss franc were largely firmer, while EM FX was mixed.  Biggest…

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Highlights US dollar was mostly firmer vs. the majors in the aftermath of weak US jobs data, but lost ground to EUR and GBP.  While we still think the US outshines the euro zone from a fundamental standpoint, the break of 1.25 last…

Topic of the Day: Jobs Does Anyone Care About Unemployment Anymore? – Newsweek Insufficient Jobs Set the Stage for Slowdown in U.S. Recovery - BusinessWeek FiveThirtyEight: Why Aren't Businesses Hiring? Distraction of the Day:…

Topic of the Day: Deepwater Horizon Oil Disaster Gulf oil spill likely to reach Florida Keys, Miami, report says - latimes.com Should BP nuke its leaking well? - National Post Scientists confirm Gulf floor is beyond repair and…

Paul Krugman wants to reach out and punch someone - FT Alphaville Kvinder bliver mere og mere kriminelle - dr.dk YouTube - TheModernMystic's Channel - This is the Real Dire Deal Euro unemployment holds at 10pc -…