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Morning Market Recap: Stocks Pullback, Sterling Jumps, Oil Down

Stock markets are on the defensive after a powerful rally led to the largest one-day gain since October. The pound sterling is the top performing currency and oil is lower after three days of gains.Most recently, the Dow Jones industrial average was down 76 points to 7700, the S&P 500 was down 11 points to 812 and the Nasdaq was down 20 points to 1536. In Canada, the S&P/TSX composite index was down 189 points to 8770.The

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Mid-Morning Recap: Dow Flirting With One-Year Lows

(CEP News) - U.S. equities are losing ground on Wednesday following Tuesday's massive selloff. Investors doubt whether the U.S. stimulus plan is going to have any impact on the weakening economy, according to market strategists.Traders are watching the Nov. 21 low in the Dow Jones Industrial Average very closely, with the index only about 50 points away from testing it.The Dow Jones industrial average is down 62 points to 7491, the S&P 500 is down 7 points to 782 and

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Yen continue strong

FXstreet.com (Buenos Aires) - Japanese yen continue strong, and the pair is now at a key support zone, close to daily pivot at 94.50. Confirmation under that zone, could trigger some bearish momentum, yet 20 SMA with bullish slope should hold the downside at least at a first attempt.Valeria Bednarik, collaborator at FXstreet.com said: Attempts to the upside should remain contained by the descendant trend line coming from 99.50 around 95.10.For more information, read our latest forex news.

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Forex Trading Euro Dollar : La volatilité au plus haut sur les marchés

La semainedernière les places boursières ont connuun net rebond entre lundi et mercredi, le CAC 40 gagnant plus de 8% passant de2850 points à 3076 points, le DOW JONES + 5,6% et le NASDAQ + 7,8% influencéspar la hausse des ventes de logements anciens aux Etats-Unis, le léger progrès

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Midday Market Recap: Low Trading Volume Leads to Doubt in Markets

(CEP News) - Volume for the DJIA is well below the five-day average as investors wait for a clear sign on where the U.S. and global economy is heading.The Dow Jones industrial average is down 42 points to 7514, the S&P 500 is down 3 points to 786 and the Nasdaq is down 10 points to 1458.Canadian stocks are showing modest gains, with Toronto's S&P/TSX composite index up 52 points to 8228. European stock markets closed with the Euro Stoxx

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Forex: GBP/USD: Pound tests 1.5085 daily pivot

FXstreet.com (Barcelona)- The Pound is weakening to levels below 1.5100 on early European session, dropping to intra-day low to check daily pivot point at 1.5085.If the Pound breaks below 1.5085, Tim Salem, collaborator at FXstreet.com forecasts the following levels to observe: ?Depreciation through the Daily pivot at 1.5085 sees 1.5054 Daily Static Support followed dynamically by 1.5014. Slight Bearish Sentiment will return on the IntraDay View with 1.4976/53 Support Areas being seen, as potential RSI Readings below the ?40?s? will

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New In Forex, Tvf?

Hi,Well I want to be part of FOREX and I have read a lot of things about it, but there are some things I don´t understand like TVF, what is that? How can I use it?

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Closing Market Recap: Stocks Gain, Canadian Dollar Rises, Treasuries Flat

• S&P 500 up 1% • Treasury Yields Flat • Canadian Dollar Rallies • Gold Jumps Above $900Earnings Overshadow Jobs and Housing ConcernsA late-day rally, spurred by financials, led to a rise in stocks on Thursday even as housing and employment data deteriorated.The Dow Jones industrial average closed up 70 points to 7957, the S&P 500 up 8 points to 852 and the Nasdaq up 6 points to 1652. Early in the session, stocks were pushed lower by economic data.U.S. existing home sales

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Forex Trading Euro Dollar : Points techniques pour les principaux cross

Points techniques pour les principaux crossEUR/USD : 1.3000Le cours EURUSD évolue ce matin au dessus de son point pivot à 1.2975 après avoir rebondi sur un plus bas hier à 1.2850. Plusieurs annonces économiques américaines publ

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