Post Tagged with: "Timothy Geithner"
Is The Dollar Liquidity Move a Preparation for the Greek Default?
The dramatic announcement by 5 major central banks about providing dollar liquidity for European banks could precede a bigger announcement about an official Greek default. The liquidity move, similar to the one made after Lehman, could help make the default more orderly, and prevent a Lehman like turmoil. Here are 3 reasons why this move
EUR/USD Sep. 14 – Rolling Up on Uptrend Support as Greek Resolution Awaited
Euro dollar is slowly rolling up above downtrend support, as the situation in Greece remains tense, and the Chinese hopes are gone. The US calendar is becoming busy. Will we see a breakout out of range? Or will the consolidation continue? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD
Forex Daily Outlook – September 14 2011
Retail Sales in the US and Claimant Count Change in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Producer Price Index (PPI), leading monthly report to value the producer’s prices for finished goods and services, reduce from 0.2% on August to -0.1% this month
US Debt Ceiling: Three Ways This Can Unfold
Yet another effort to get “grand bargain” on the cutting the US deficit and raising the debt ceiling ended in break up. Each side is blaming the other, and the clock is ticking towards August 2nd. Or is it really ticking? Here are three ways this could unfold. GOP leader John Boehner broke talks with
Greek relief starting to stall
Signs emerged on Friday that the Greek relief trade that had supported risk appetite in previous days was already running out of puff. S&P’s warning that Italy’s deficit reduction plan contained significant delivery risk, especially their claims regarding the combat of tax evasion, soured the euro’s mood and encouraged some traders to retreat to the
EUR/USD June 6 – Sliding In High Range on Weak Data
EUR/USD is sliding within the high range it reached n Friday, as weak economic data and uncertainty around Greece weigh on the pair . Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Normal session saw the pair challenge the top of the range but not
Forex Daily Outlook – June 6 2011
We start the week with several interesting speeches in the US and Producer Price Index in Europe the main highlight on today’s outlook. Let’s see what awaits us today. In the US, we anticipate some interesting speeches: Timothy Geithner, Secretary of the US Department of Treasury, Charles I. Plosser, President & Chief Executive Officer and
EUR/USD Mar. 22 – Looking Towards Breaking One Year High
EUR/USD is gradually moving higher towards the one-year high as European officials clarify that we’ll see a rate hike in April. Will it make the big breakout or turn around at this point? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Calm session sees EUR/USD stick above 1.4220. Current
Forex Daily Outlook – March 22 2011
The speeches of FOMC Member Fisher and Treasury Sec Geithner together with Canadian Retail sales are the main events this day. Here is an outlook on the major market-movers. In the US, FOMC Member Fisher Speaks, Federal Reserve Bank of Dallas President Richard Fisher is due to deliver a speech titled “Monetary and Fiscal Policy
EUR/USD Mar. 9 – Recovering in Lower Range
EUR/USD is making a small recovery within a lower range, after it began facing the bitter reality of the debt crisis. Will it break lower or complete the comeback? Here’s a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Rather calm session after falling beforehand. Current range – 1.3860 – 1.3950.