Wednesday, January 16, 2013

DailyMarkets.com - Forex Trading: Risk Aversion Leads To Euro Losses

DailyMarkets.com - Forex Trading: Risk Aversion Leads To Euro Losses


Forex Trading: Risk Aversion Leads To Euro Losses

Posted: 15 Jan 2013 11:53 PM PST

Risk Aversion Leads to Euro Losses
The euro, along with other higher-yielding currencies, turned bearish yesterday, as fears regarding the slow pace of the US economic recovery encouraged investors to shift their funds to safe-haven assets. Meanwhile, the JPY was able to recoup some of its recent losses, following comments from the Japanese economic minister which led to doubts about how aggressive a policy of monetary easing the Bank of Japan is willing to take. Today, CPI data out of both … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Tom Demark, A Bottom In Apple Inc Is Near

Posted: 15 Jan 2013 11:23 PM PST

Tom Demark is making a call that the current sell off in Apple Inc is near it’s bottom. Let’s review.

First the Tom Demark CNBC 2012-01-15

Comments: Like all tools confirmation will be required. To be sure the retail investor should wait for confirmation as the ’13′ exhaustion reading is not always a winner. A Gann Angle break, accumulation and or Wyckoff sign of strength. Nothing works all the time.

Case in point the current 2012/2013 USDJPY rally

If you dont hae deep hedge fund … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Jan. 16: Fed Bond Buying Could End Near 7.25% Jobless Rate

Posted: 15 Jan 2013 09:56 PM PST

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.

Fed bond buying could end near 7.25% jobless rate (dow jones)
World Bank cuts growth outlook as advanced nations drag (Reuters)
Bundesbank to retrieve $200bn of gold reserves (the guardian)
India … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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