Archive for April, 2009

FOREX-Dollar gains on safe haven bid on US weekly claims - Reuters

FOREX -Dollar gains on safe haven bid on US weekly claims Reuters By Nick Olivari NEW YORK, April 30 (Reuters) - The dollar gained on Thursday amid slight safe haven flows after a government labor report indicated that employment remains weak and that the economic recovery is not [...]


Tense times in the Forex as multiple pieces of news shape the markets

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Related PostsForex Hitter Trading Software Created For Regular Folks Forex Hitter Trading Software Created For Regular Folks So what’s all, the buzz about Forex? You…FOREX-Dollar gains on safe haven bid on US weekly claims - ReutersFOREX -Dollar gains on safe haven bid on US weekly claims [...]


Chicago PMI higher than expected

Comes in at 40.1 .   Prices paid                     28.4  vs 34.1 Production                    38.1  vs 32.7 New orders                    42.1  vs 30.9 Order backlogs            36.9  vs 21.3 Inventories                   30.6  vs 34.9 Employment                 31.8  vs 28.1 Supplier deliveries    45.4 vs  48.4 …
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First Solar Revives Hope for Aleternative Energy

First Solar, Inc. (FSLR) is seeing a significant jump in its stock price today after the company released earnings that were significantly above expected levels.  The consensus expectations were for earnings of $1.51 but FSLR came in 30% above these levels with a $1.99 EPS level.  This puts earnings 23% higher than the level seen [...]


FOREX-Dollar, yen fall; demand for risky assets grows - Reuters

CNBC FOREX -Dollar, yen fall; demand for risky assets grows Reuters By Jessica Mortimer LONDON, April 30 (Reuters) - The dollar and the yen fell broadly on Thursday as growing hopes that the global economy [...]