Online Trading and Investing Journal

USD/JPY: Currently in the process of chopping around, with the market most recently rolling over after stalling out above 92.00 in the previous week. Nevertheless, our core outlook in the pair is bullish, and we recommend looking to buy into current dips back towards the recent range lows in the 89.00 area.
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Australia’s Current Account deficit widened to -A$1.7 billion in the fourth quarter as imports gained 2 percent from the three months through September, driven primarily by purchases of foreign-made industrial transport equipment and oil.
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Payrolls could give the U.S. stock market some direction this week as investors comb through the key report on one of the economy’s weakest areas.
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Union and government officials in Germany say they have agreed on a new wage deal for some 2 million public employees. The two sides said Sunday that the agreement reached late Saturday includes a pay increase of 1.2 percent retroactive to January, to be followed by a 0.6 percent increase in January 2011 and 0.5 […]

Fresh from a grilling by U.S. lawmakers, Toyota President Akio Toyoda will speak Monday in China about his company’s quality problems, seeking to boost confidence and ease consumer worries in the world’s biggest auto market.
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