Archive for February 20th, 2010

US Market Update: Dow +28 S&P +1.9 NASDAQ +4

Saturday, February 20th, 2010

US equities opened basically flat after weekly claims data came in higher than expected and Wal-Mart’s mixed earnings report. But the better than expected Philly Fed survey initially brought some bids into stocks as well as pushed Treasury yields ……
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Forex Weekly Trading Forecast - 02.22.10

Saturday, February 20th, 2010

US Dollar: Policy Tightening and Mounting Risk Build Bullish Pressure
Euro Forecast Unclear Amidst Greek Debt Crisis
Japanese Yen Torn Between Fed Policy Outlook, Risk Sentiment
British Pound May Benefit From Revised 4Q Growth Figures
Swiss Franc to Maintain Near-Term Trend Against U.S. Dollar, Euro
Canadian Dollar Benefits from its Fundamentally Stable Position
Australian Dollar Forecast to Gain as S&P 500 Hits Highs
New Zealand Dollar to Gain as Risk Recovery Resumes

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Dollar Tempers its Gains Into the End of the Week, Traders Keep an Eye on Rates and Risk

Saturday, February 20th, 2010

•    Euro: PMI Data Keeps the Focus off Greece and On Growth
•    British Pound Takes a Final Hit from the Economic Docket to End the Week
•    Canadian Dollar Slowly Builds Strength as Retail Sales Data Adds to a Solid Fundamental Outlook
•    Australian Dollar: How Much Influence does the Global Economy’s Health have on the RBA’s Decisions?

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