Bollard chooses to be a spectator
Alan Bollard has rightly warned about the economy's imbalances threatening any recovery in the long term, but he has done nothing about it . New Zealand's property obsessed populace are making the same mistakes all over again, aided... blogs.nzherald.co.nz |
ECB set to hold rates, caution on economy (Reuters)
The European Central Bank is expected to keep interest rates at a record-low 1.0 percent on Thursday and its head Jean-Claude Trichet will probably caution against high hopes of a speedy economic recovery. us.rd.yahoo.com |
U.K. Economy Contracted Less Than Expected But BoE Continues To See Risks (Daily FX)
The U.K. economy contracted 0.3% in the third quarter according to the preliminary GDP reading. The shortfall was less than the initial reading of -0.4% as private consumption was stronger than expected. us.rd.yahoo.com |
Dollar Mostly Higher to Begin Week (Daily FX)
The clearest portion of the decline is the initial decline that ends at 14670. Since then, price has stair stepped lower in what could be the beginning of a 3rd wave. Staying below 14600 keeps this extremely bearish count on track. us.rd.yahoo.com |
Candlestick Analysis (Daily FX)
If you use candle formations in your trading approach or are interested in learning more about this form of analysis, then checking the Candlestick section of DailyFX should be part of your daily routine. us.rd.yahoo.com |