DailyMarkets.com - Forex Trading: EUR/USD Reaches 4-Month High Ahead Of German Court Ruling

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• Forex Trading: EUR/USD Reaches 4-Month High Ahead Of German Court Ruling
• Central Bank News Link List – Sept 12, 2012: Euro Zone’s Judgment Day Is Here
• Party On! (but Watch Out For The Cops)

Forex Trading: EUR/USD Reaches 4-Month High Ahead Of German Court Ruling Posted: 12 Sep 2012 12:05 AM PDT EUR/USD Reaches 4-Month High Ahead of German Court Ruling The euro came within reach of a four-month high against the US dollar yesterday, as speculations that a German court will rule in favor of the euro-zone bailout fund led to risk taking in the marketplace. In addition, expectations that the Fed will soon initiate a new round of quantitative easing weighed down on the greenback throughout the day. Today, in addition to the German court ruling, traders will also want to pay attention to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Sept 12, 2012: Euro Zone’s Judgment Day Is Here Posted: 11 Sep 2012 08:35 PM PDT Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news. Euro zone’s judgment day is here (Market Watch) EU puts central bank in charge of policing lenders (WSJ) Britain to pick new central bank chief by year end (Reuters) Korea seen cutting rates to spur … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Party On! (but Watch Out For The Cops) Posted: 10 Sep 2012 12:13 AM PDT In my last post, I wrote that dissecting the market’s reaction to news was in some ways more important that the news itself (see Watch what the market does, not what pundits say). The preliminary verdict of the market from Friday’s NFP release is clear, party on! The signs of a cyclical turnaround were already in place. Now we have central bankers, first the ECB (and most likely the Federal Reserve next week), throwing a giant party. The signs of a cyclical upturn were there if you were … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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