Minutes January 24-25 FOMC Meeting: Divided House about Additional Quantitative Easing Posted: 18 Feb 2012 12:19 PM PST The minutes of the FOMC meeting of January 24-25 presented a range of opinions about whether further monetary accommodation through asset purchases (QE3) is necessary. At one end of the spectrum, "a few members observed that, in their judgment, current and prospective economic conditions – including elevated unemployment and inflation at or below the Committee's objective – could initiate the purchases of |
EURUSD is facing 1.3026 support Posted: 18 Feb 2012 08:45 AM PST EURUSD is facing 1.3026 support, a breakdown below this level will confirm that the rise from 1.2624 had completed at 1.3320 already, then deeper decline towards 1.2624 previous low could be seen. On the other side, as long as 1.3026 key support holds, the price action in the trading range between 1.3026 and 1.3320 is treated as consolidation of the uptrend, and one more rise towards 1.3500 is still possible. |
Minutes January 24-25 FOMC Meeting: Divided House about Additional Quantitative Easing Posted: 18 Feb 2012 08:15 AM PST The minutes of the FOMC meeting of January 24-25 presented a range of opinions about whether further monetary accommodation through asset purchases (QE3) is necessary. At one end of the spectrum, "a few members observed that, in their judgment, current and prospective economic conditions – including elevated unemployment and inflation at or below the Committee's objective – could initiate the purchases of |
Minutes January 24-25 FOMC Meeting: Divided House about Additional Quantitative Easing Posted: 18 Feb 2012 06:19 AM PST The minutes of the FOMC meeting of January 24-25 presented a range of opinions about whether further monetary accommodation through asset purchases (QE3) is necessary. At one end of the spectrum, "a few members observed that, in their judgment, current and prospective economic conditions – including elevated unemployment and inflation at or below the Committee's objective – could initiate the purchases of |
Hopes for Monday Greek bailout deal lift markets Posted: 18 Feb 2012 02:53 AM PST EU officials seem to be very determined to finalize the agreement on the second Greek bailout at the upcoming Eurozone finance ministers meeting scheduled for Monday. Germany is not pushing for a delay of the payment anymore and throughout Friday conference calls were held between various EU officials in order to discuss the details of the deal. The idea to of a two-step bailout procedure, proposed during a Euroz |
EURUSD is facing 1.3026 support Posted: 18 Feb 2012 02:45 AM PST EURUSD is facing 1.3026 support, a breakdown below this level will confirm that the rise from 1.2624 had completed at 1.3320 already, then deeper decline towards 1.2624 previous low could be seen. On the other side, as long as 1.3026 key support holds, the price action in the trading range between 1.3026 and 1.3320 is treated as consolidation of the uptrend, and one more rise towards 1.3500 is still possible. |
Minutes January 24-25 FOMC Meeting: Divided House about Additional Quantitative Easing Posted: 18 Feb 2012 01:21 AM PST The minutes of the FOMC meeting of January 24-25 presented a range of opinions about whether further monetary accommodation through asset purchases (QE3) is necessary. At one end of the spectrum, "a few members observed that, in their judgment, current and prospective economic conditions – including elevated unemployment and inflation at or below the Committee's objective – could initiate the purchases of |
EURUSD is facing 1.3026 support Posted: 17 Feb 2012 10:39 PM PST EURUSD is facing 1.3026 support, a breakdown below this level will confirm that the rise from 1.2624 had completed at 1.3320 already, then deeper decline towards 1.2624 previous low could be seen. On the other side, as long as 1.3026 key support holds, the price action in the trading range between 1.3026 and 1.3320 is treated as consolidation of the uptrend, and one more rise towards 1.3500 is still possible. |
Minutes January 24-25 FOMC Meeting: Divided House about Additional Quantitative Easing Posted: 17 Feb 2012 10:15 PM PST The minutes of the FOMC meeting of January 24-25 presented a range of opinions about whether further monetary accommodation through asset purchases (QE3) is necessary. At one end of the spectrum, "a few members observed that, in their judgment, current and prospective economic conditions – including elevated unemployment and inflation at or below the Committee's objective – could initiate the purchases of |
EURUSD is facing 1.3026 support Posted: 17 Feb 2012 05:46 PM PST EURUSD is facing 1.3026 support, a breakdown below this level will confirm that the rise from 1.2624 had completed at 1.3320 already, then deeper decline towards 1.2624 previous low could be seen. On the other side, as long as 1.3026 key support holds, the price action in the trading range between 1.3026 and 1.3320 is treated as consolidation of the uptrend, and one more rise towards 1.3500 is still possible. |