ECB Striking Out
The European Central Bank intervened for a third time in global currencymarkets, following up the two purchases of euros it made on Friday in what isturning out to be a failed bid to bolster the single-unit currency that hasdropped as much as 30% since its inaugural debut in January 1999.As Ive poi
ECB Throws Away More Cash
Throwing good money after bad, the European Central Bank
Like Candy From A Baby
Currency traders are challenging the European Central Bank after the Fed-likebody unilaterally intervened in international currency markets, buying euros inan effort to support a recent rally in the beleagured single-unitcurrency. Traders are selling the EuroFX
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Dissing The ECB
Currency traders thwarted efforts by the European Central Bank to support the
euro, hammering the
Grains Reign
This mornings Pre-OpeningGrain Outlook called the strong opening in grains. The analysis stated that "Themarket appears poised for a post harvest rally. Strong technical action,improving outside market influences, strong near-term export demand and ideasthat next weeks Crop Production and Supp
Grains On Elevators
Grains ignite on private crop figures
Buck’s Bullish Bias Shifts
The National Association of Purchasing Managers (NAPM)report released Wednesday morning provided further evidence that the economy isslowing. A recent string of reports–GDP, consumer confidence, the NAPM-Chicago–aswell as sales slowdown warnings and a sub-par corporate earnings season haveworked t
Juice And Gas Spurt
Natural gas and orange juice handed in the best
gains Wednesday
Tech Futures Bolt Back
Traders jumped back into tech futures with both feet as their equity
Crises Of Confidence Diverted
Buyers are jumping back into tech futures in force, propelling Nasdaq 100futures
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PowerRating) up more than 5%. Many of the best performing growth technames from the NDZ were back in force, including JDS Uniphase
Temperate Temps Torture Nat Gas Longs
Forecasts for temperate temperatures across the Northeast,
Index Futures Bifurcate
There is clear rotation out of tech and into cyclicals depicted instock index futures trading. Nasdaq 100 futures
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PowerRating) have been unable tocapitalize on a retracement of Monday mornings gap-down opening