Currency Market Updates

Currency Market News: Pound Gets A Boost

Sterling is trading up 50 pips after the release of the Bank of England minutes showed one member, Andrew Sentance, voted to start the withdrawal of the exceptional monetary stimulus.

Currency Market News: US Dollar Holds Gains

Friday was a busy day on the economic data front. The Eurozone economy expanded in the second quarter at the fastest pace in nearly four-years. The Euro-Zone’s seasonally adjusted preliminary second quarter GDP showed an expansion of 1.0%, compared with the previous 0.2% and the expected 0.7%.

U.S. CDS Spike While Treasury Yields Hit New Low?

It’s always interesting to keep an eye on the CDS markets. There are few markets where panic is better on display than in the credit markets – they can be illiquid, irrational and incredibly complex. The moves can be violent, gut wrenching and often times, totally wrong. A quick glance at the recent moves in [...]

Small Businesses: Confidence Is Lost

The latest Small Business survey from the NFIB contains more signs of the continuing struggles on Main Street. The latest outlook remains near its lows. With this sort of uncertainty it is no surprise that the labor markets remain a complete mess. The commentary from the NFIB nicely summarizes the situation (see below):

“Seventy-three (73) percent [...]

Google and Verizon Power Grab?

Google (GOOG) and Verizon (VZ) have proposed that new regulations should allow some internet services delivered by cell phone transmission networks to be exempt from “net neutrality” and “openness” requirements of current regulation.  The concept of  net neutrality (New York Times article) involves assuring that networks are run in such a way that Joe Sixpack’s website recieves [...]

keep looking »

Powered by WP Robot