We stated last week that "the decline counts better as a leading diagonal. This does not change the longer term outlook that calls for a sharp decline. The wave 2 top is probably close. The EURJPY is testing the 61.8%
Dollar weakness hit a new extreme in the first quarter of 2008 as the greenback fell within an arm's reach of 1.60 against the Euro and 95 against the Japanese Yen. Interest rate cuts by the Federal Reserve have turned
In most regions, government bond markets have been relatively quiet over the past week. One notable move came in short-term European yields, as rates on 3-month Euribors surged almost 13bps amidst hawkish commentary from ECB President Trichet and other monetary
The New Zealand Dollar started the year strong rallying for nearly 800 points in unison with global equity markets, but the price action stalled at the 0.8200 level, as risk aversion and fears of a global economic slowdown put a
The Australian dollar was once again one of the top performing currencies in the first quarter of 2008, as high domestic interest rates and surging global commodity prices boosted demand for the currency. Indeed, the Aussie reversed previously sizeable declines
CEP News) - Policy-makers will be dealing with the fallout from problems in the financial markets for the rest of the year and the effects will persist even longer, Eurogroup Chairman Jean-Claude Juncker said Tuesday.
In the first quarter of 2008, the Japanese yen rocketed higher against the greenback to hit nearly 13-year highs. In doing so, the USD/JPY pair dropped below the psychologically critical 100 barrier to a low of 95.71 without even a
CEP News) Ottawa - The Federation of Canadian Municipalities (FCM) has released a survey showing a majority of Canadians think cities can't survive on property taxes alone and that they would support a GST hike back to 6% if the
The dollar edged up higher against the majors in the Wednesday session following higher than expected producer prices and a better than forecast NY Fed manufacturing survey. The Mach PPI shot up to 1.1%, versus 0.3% a month earlier and
CEP News) - Markets will receive important inflation data on Wednesday with the release of the U.S. CPI report for March, along with U.S. housing starts for the same month. The Federal Reserve will release its Beige Book later in
The software tools help the National Center for Missing and Exploited Children sift through millions of pornographic images and videos from the Web to find child sex predators.
The two companies also compete with Microsoft's Windows Presentation Foundation and Silverlight in the online-offline rich Internet app runtime marketplace.
Culver City, CA ( PRWEB ) April 15, 2008 -- With rising gas prices and an increasingly diverse availability of fuel-efficient and alternative energy vehicles, buyers are conducting extensive research before they step into a car dealership. 90% of consumers
