EUR/USD: Trading the U.S. Consumer Confidence Report (Daily FX)
Consumer confidence in the U.S. is expected to improve in August, with economists forecasting the index to rise to 47.6 from 46.6 in July, and the rebound in household sentiment is likely to encourage an enhanced outlook for private-sector spending as policymakers anticipate economic activity to increase throughout the second-half of the year. us.rd.yahoo.com |
Dollar Bear Boat Too Full (Daily FX)
The technical picture continues to deteriorate for the dollar's competitors. Waning momentum at recent price extremes is just one sign that a turn is near. Resistance from measured levels and resistance lines as well as wave count implications all require that we respect the potential for a reversal. us.rd.yahoo.com |
RR Donnelley Reports Third-Quarter 2009 Results (Business Wire)
CHICAGO----Highlights: Third-quarter 2009 GAAP net earnings from continuing operations attributable to common shareholders of $13.1 million or $0.06 per diluted share vs. $168.2 million or $0.80 per diluted share in the third quarter of 2008 Third-quarter 2009 non-GAAP net earnings attributable to common shareholders of $111.9 million or $0.54 per diluted share compared to $183.2 million or $0.87 per diluted share in the third quarter of 2008 Year-to-date operating cash flow of $1.1 billion, an increase of $406.8 million from the first nine months of 2008 us.rd.yahoo.com |
British Pound / US Dollar (Daily FX)
Price action in the GBPUSD since mid October may be carving out a head and shoulders top. us.rd.yahoo.com |
Forex Markets to Face Inflation Reports, Rate Decision by Bank of Canada (Daily FX)
Inflation reports will dominate the forex markets this week, as the UK, Canada, and New Zealand will all release their latest CPI results. Additionally, the Bank of Canada is due to announce a rate decision, but traders may only respond to GDP or inflation revisions. us.rd.yahoo.com |