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Most of us are using technical indicators to generate buy & sell signals. And it’s a known fact that most people use more than a single indicator to accomplish that. The most common method is using a few technical indicators that generate buy & sell ...
Born in Dublin, Ireland, in 1856, George Bernard Shaw grew to become one of Great Britain’s greatest and most controversial playwrights. Shaw’s father, a corn merchant, was an alcoholic and therefore there was very little money to spend on George’s ...
It’s easy to blame Greece and its incontinent cousins for their over-spending – and certainly Athens is guilty of fiddling its fiscal figures and failing to collect taxes. But its twin deficits are also a consequence of the low interest rates which ...
The euro fell versus the dollar for the first time in almost a month after the European Central Bank revised its inflation forecast, signaling the pace of interest- rate increases this year may slow. The shared currency depreciated this week as ECB ...
The euro headed for the first weekly drop in four versus the dollar amid dimming prospects the European Central Bank will accelerate interest-rate increases this year. The common currency fell against 10 of its 16 major peers on concern a resolution ...
John Taylor, founder of the world’s largest currency-hedge fund, said he’ll buy the dollar as soon as the next few days because the rally in higher-yielding assets will come to an end amid sluggish U.S. economic growth. The end of the Federal ...
WSJ has another interesting angle. As is frequently the case, when one government gets swept out of power, the new government comes in to discover that the old government was hiding tons of "secret" debt that was somehow left off of public records. ...
There are three facets to the unfolding drama in euroland: the immediate finances and inevitable defaults; the post-default euro zone; and the political fallout. The first, and most obvious, is the financial. The second aspect is the post-default ...
European Union finance ministers are set to approve a 78 billion-euro ($111 billion) bailout for Portugal at a meeting in Brussels. “What I expect today is that the program as well as the financing program will be approved today,” Portuguese Finance ...
Including the Greek and Irish bail-outs, the UK will be on the hook for a total of about €12.5bn once the Portuguese deal is ratified. The money is only at risk if a country defaults. Britain has pledged about €7bn to Ireland, €4.2bn to Portugal, ...