Non Farm Payrolls To Bring The Bears Out

After what was a yawnfest this morning, the afternoon session started with the key Non Farm Payrolls which were weaker than expected across the board. Payrolls fell -190k vs the -175 the mark...

Technical Summary: EUR Seen Reversing Losses

Technical Summary: EUR Seen Reversing Losses EURUSD was seen reversing most of its Thursday losses during US session today after testing an intraday low of 1.4479. Immediate risk remains higher fo...

Gold Pares Losses Following Disappointing US Employment Data

Gold is paring earlier losses, bouncing off of 9/29 lows and our 2nd tier uptrend line.  Gold continues to hold strong above a key set of September lows despite the selloffs in the EUR/USD, G...

Oil Futures Extend Losses After Jobs Data

Oil Futures Extend Losses After Jobs Data

U.S. Sept. Payroll Losses Accelerate To 263,000

U.S. Sept. Payroll Losses Accelerate To 263,000

U.K. House Prices Increase for Fifth Month, Nationwide Says

U.K. house prices rose for a fifth month in September as a lack of homes for sale helped the property market to erase its losses of the past year, Nationwide Building Society said. The average cos...

Is The US Jobs Data A Concern?

Fears about the pace of the recovery have caused stocks to tumble. Technology stocks are being particularly hit hard with NVIDIA (NVDA) and Micron Technology (MU) down by more than 5% on the ...

Financial Chicanery And Accounting Charades

Financial chicanery and accounting charades come in all shapes and sizes. From mismarking trading positions on Wall Street to running massive Ponzi schemes and with many other stops along the ...

When Is A $3.4 Trillion Loss Supposed To Be Good News?

A $3.4 trillion loss may be perceived as good news when it was previously projected to be $4 trillion. That said, when losses of this magnitude are buried in a mix of financial chicanery and a...

Friendly IMF Reports Weakens Demand For U.S. Dollar

The U.S. Dollar closed lower against most major currencies on Wednesday. The bearish tone was set during the overnight trading session following the release of a report from the International ...

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