Online Trading and Investing Journal

Just a day after testing an eight-week high, crude suffered a notable setback through the first half of Tuesday’s session. Through the European trading hours, the commodity would plunge as much as 2.1 percent and subsequently disrupt the steady drive bulls have been more or less able to sustain since the dramatic reversal a month […]

The dollar rose Tuesday against the euro and the British pound as credit ratings agencies sounded warnings on Europe. Greek Prime Minister George Papandreou is also scheduled to meet Tuesday with President Barack Obama and the International Monetary Fund in Washington.
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DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market ….    
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OVERVIEW – Norwegian consumer confidence has just come out stronger than expected, but the data has done little to infuse any fresh buying of the regional currency, with broader global macro themes at play.
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