DailyMarkets.com - Forex Trading: EUR Bullish Ahead Of German News

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• Forex Trading: EUR Bullish Ahead Of German News
• Sri Lanka Keeps Rate Steady, Says Past Efforts Paying Off
• No Fear
• Watch For Storm Clouds On The Horizon

Forex Trading: EUR Bullish Ahead Of German News Posted: 18 Sep 2012 12:13 AM PDT EUR Bullish Ahead of German News The euro was largely able to retain last week’s gains throughout the day yesterday, as a slow news day resulted in relatively little movement in the marketplace. The USD/JPY saw minor upward movement yesterday, as investors grew fearful that the Bank of Japan may soon act to limit the yen’s recent bullish trend. Today, traders will want to pay attention to euro-zone news, specifically the German ZEW Economic Sentiment at 9:00 GMT. A better than expected figure … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Sri Lanka Keeps Rate Steady, Says Past Efforts Paying Off Posted: 17 Sep 2012 07:28 PM PDT     The Central Bank of Sri Lanka kept its benchmark repurchase rate unchanged at 7.75 percent, as expected, saying past efforts to curb high demand for imports and credit are starting to pay off.     “Reflecting the impact of the policy measures taken, credit obtained by the private sector has decelerated since the second quarter of 2012, and the policy measures in place are expected to help ensure that the growth of credit will be within the desired level at year end,” the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

No Fear Posted: 17 Sep 2012 06:43 PM PDT In “Reversal Time?” I pointed to several sentiment indicators that suggest investors are way too complacent about the risks ahead. A post at Walter Kurtz’s Sober Look (a site worth visiting, I might add), “Risk Aversion the Lowest in Over Two Years,” highlights other meaures that indicate investors have set themselves up for a nasty surprise, including the Fisher-Gartman Risk-On Index, which is trading at its highest level since the index was launched. ~~~~~ Coming soon: Panzner Insights, an … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Watch For Storm Clouds On The Horizon Posted: 17 Sep 2012 12:09 AM PDT The financial skies are clearing and the storm clouds are dissipating. The market likes to use the infantry analogy of the soldier against tank, so I’ll stay with it: We thought that maybe Mario Draghi and Ben Bernanke would unveil bazookas. Instead, they each produced a radio and spoke the code word “unlimited” into it, which was the signal to call down carpet bombing air attacks. Wow! Talk about beating expectations. What’s more, there is evidence of unit labour … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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