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Post Tagged with: "Barack Obama"

Rumor – Obama to Egyptian Army: Down With Mubarak

There’s a rumor that US President Barack Obama has told the Egyptian army to put Mubarak down and take over the country. Right now. The White House is in touch with commanders Egypt’s army and is telling them to act against Hosni Mubarak right now. Western government are using softer words in the open: “the

Ireland Under Internal and External Pressure

The Irish cabinet meets today to discuss the 4 year, 15 billion euro cut in expenses, in order to show that the government is active and serious about cuts, before such plans are imposed by foreigners. After they sign it off today, it will be published on Tuesday. The IMF / EU delegation is “sitting”

Forex Daily Outlook – April 22nd 2010

A very busy day expects forex traders, Flash Manufacturing PMI and Services PMI influence on Europe; let’s see what’s awaiting us today. Group of Twenty (G20); while it’s not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets

Healthcare Reform Weighs on the US Dollar

The healthcare reform passed the final hurdle in the American House of Representatives. I’m not going to enter the heated debate about the reform – I’m just going to deal with the implications for forex trading. There are different sides to this story

Forex Daily Outlook – January 28th 2010

Yet another busy day awaits forex traders. Economic indicators might be overshadowed by many political events today. Here’s what’s expecting us today: Apart from scheduled events, US President Barack Obama will make an important speech in his “State of the Union” address. He is expected to talk about the economy after one year in office.

Forex Daily Outlook – September 15th 2009

After the dollar renewed its falls, a busy day expects the forex markets. The calendar is packed with events, including Retail Sales, PPI and a speech by Ben Bernanke. There are more important indicators in other parts of the world as well. Let’s see what’s up today: Australian Monetary Policy Meeting Minutes showed that a

Forex Daily Outlook – September 14th 2009

Forex trading began with a stronger dollar this week. European Industrial Production is the highlight of this rather calm day. Let’s see what’s on the menu today. The late dollar comeback that began late on Friday continues today. While the British Pound and the New Zealand dollar suffer, the Swissy and the Yen are weathering

FOMC Statement – An Opportunity to Short the Yen Crosses

Ben Bernanke and his colleagues at the FOMC are making their first rate decision after the unexpected drop in the American unemployment rate. Here are two dollar-bullish moves they could do. Since the dollar yen correlation is strong, shorting the yen crosses looks quite interesting. Here’s a preview for the FOMC Statement

Friday Effect Hurts Dollar but Doesn’t Break Any Levels

Late on Friday afternoon, the US dollar lost ground. It came about the 3 hours after the surprising GDP release. Despite the sharp moves, the dollar just lost its gains from previous, and no significant technical barriers were breached. Maybe next week’s Non-Farm Payrolls will make the market explode. American Advance GDP for the second

Forex Weekly Outlook – July 27-31 2009

The last week of July begins slowly but ends with a bang: American GDP for the first quarter. Also note Durable Goods Orders, a rate decision in New Zealand and GDP in Canada. Let’s see what’s up for the last week of July, and also the last week before the NFA ruling is here