DailyMarkets.com - Forex Trading: U.S. New Home Sales Boost Greenback Trading

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• Forex Trading: U.S. New Home Sales Boost Greenback Trading
• Metals Look To US Earnings Docket For Direction, Crude Oil Adrift
• Central Bank News Link List – Oct. 22, 2012: Canada’s Credit Bubble A Central Banker’s Dilemma
• Who Believes Central Bankers?

Forex Trading: U.S. New Home Sales Boost Greenback Trading Posted: 22 Oct 2012 01:56 AM PDT U.S. New Home Sales Boost Greenback Trading U.S. New Home Sales affected Friday afternoon trading as the greenback quickly made gains against its major currency rivals. Also, concerns about Spain’s requesting a bailout were largely responsible for losses that both the euro and gold took in morning trading. This week, all eyes will be focused on the euro-zone data coming out on Wednesday and the U.S. news to be released on Thursday and Friday, especially Friday’s U.S. Advance GDP report. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Metals Look To US Earnings Docket For Direction, Crude Oil Adrift Posted: 22 Oct 2012 12:59 AM PDT Gold, silver and copper prices are looking to the US earnings calendar to offer guidance risk sentiment trends and shape direction cues. Crude oil remains adrift. Talking Points Gold and Silver Aim to Follow Stocks Higher, Q3 Earnings in Focus Copper Prices Rebuilding Correlation With Risk Sentiment Trends Crude Oil Adrift as Prices Look for Drivers Above Technical Support Commodity prices look to broad-based risk appetite trends for direction as a quiet economic calendar in Europe and empty … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Oct. 22, 2012: Canada’s Credit Bubble A Central Banker’s Dilemma Posted: 21 Oct 2012 05:38 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. Canada’s credit bubble a central banker’s dilemma (Globe and Mail) Japan needs more monetary easing, policy stimulus, Maehara says (Bloomberg) Hong Kong defends its currency peg for first time since … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Who Believes Central Bankers? Posted: 20 Oct 2012 12:40 AM PDT Who believes everything a central banker says? Does Mr. Market swallow everything a central banker tells him without question? Consider, for example, the issue of quantitative easing as money printing. On October 1, 2012, Ben Bernanke gave a fiery speech in defense of the Fed’s monetary policy. In particular, he said that the Fed is not printing money with its QE programs, merely temporarily holding Treasury securities. The Fed will shrink bloated balance sheet by either selling Treasuries or … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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