DailyMarkets.com - Forex Trading: Euro Bullish Ahead Of Busy Trading Week

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Forex Trading: Euro Bullish Ahead Of Busy Trading Week Posted: 14 Jan 2013 12:28 AM PST Euro Bullish Ahead of Busy Trading Week The euro saw bullish movement against most of its main currency rivals on Friday, as investor confidence in the EU economic recovery remained high after the European Central Bank left interest rates unchanged earlier in the week. This week, news out of the US and euro-zone is expected to generate significant volatility in the marketplace. Today, traders will want to pay attention to a speech from the Fed Chairman, followed by US retail sales data … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Canaries In The Chinese Coalmine Posted: 10 Jan 2013 12:15 AM PST Notwithstanding the upside surprise in the Chinese December trade data, Kate Mackenzie at FT Alphaville recently highlighted some SocGen analysis showing the dire effects of a hard landing in China (sub 6% growth). Here is the bottom line: World GDP: -1.5 per cent (0.3 per cent a direct effect of China's slowdown and the remainder through transmission mechanisms outlined below) Trade partners: Taiwan: -4.5 per cent South Korea -2.5 per cent Malaysia: -2.5 per cent Australia: -1.2 per … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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