It was long believed that the only thing that would shake the Yen loose from its moorings was not a Japanese interest rate hike or economic growth, but volatility in capital and forex markets. Sure enough, the explosion of the credit …

Original post by Jimmy Atkinson

“There was nearly unanimous agreement among consumers that the economy was now in recession”

Cheaper gasoline and food helped keep U.S. consumer prices in check during February, the government said on Friday, but a gauge of consumer hopes showed growing fear of rising prices in a slowing economy. via WTNZ-TV Knoxville

Original post by WTNZ-TV Knoxville

“Tanzi has apologized to the bondholders, which obviously is insufficient. The only thing he can do, as the one who was running Parmalat, is to create a situation in which all who are responsible must answer for their conduct”

The trial on the most serious criminal charges in the multibillion-dollar failure of the Parmalat dairy empire opened Friday, more than four years after the company acknowledged a crushing debt that would lead … via CNN

Original post by CNN

Tell us what you think of our podcast and send us an e-mail at research@dailyfx.com. To chat with us and other traders about currency trading, visit our very popular Forex Forum. Want to hear our PodCasts daily? …

Original post by DailyFX Radio

Siriusforex - dedicated to your forex trading success, daily charts, markets & economic news analyses. Showing you the, “How tos..” of forex trade with excellence and take guesses out of your trade..

Original post by Benny Nardino

As per the previous post, (which I honestly did not think it would unfold), the GBPJPY did test the 199.80 retracement level. The technical level held for now. In the chart below it shows the derivation of the support level. …

Original post by Greg Michalowski

This is also due, in part, to the fact that the dollar has been overvalued relative to its true purchasing power in the foreign exchange markets for some time, mostly due to manipulation of the market by sovereign traders (especially …

Original post by Andrew Oh-Willeke

“We still have this link to the dollar, and that’s not going to go away at any point”

The rally in energy prices gained momentum Friday, with retail gas prices rising further into record territory and diesel and heating oil futures setting records of their own amid concerns about strong global … via The Florida Times-Union

Original post by The Florida Times-Union

USDJPY testing the lows from this morning at 99.56. GBPJPY is seeing further liquidation and trades below 202.00 level. This is the lowest level since February 2006.

Original post by Greg Michalowski

European leaders decided to include the strong euro reference to their two-day Brussels meeting conclusion, which is to be released today.

Original post by Andrei Moraru