The market continued the correction rally as anticipated in yesterday’s video update where wave c was possibly developing. The market rose slightly past the swing projection suggested by a near-term positive reversal. Now we have this rally test an important powerline at the 78.6% retracement or 1.3350 level. This is…
EURUSD: Recovery Momementum Eyes The 1.3414 Level
Our outlook for EUR remains for a further move towards the 1.3414 level having failed to hold below the 1.3200 level and rallied higher for the third consecutive day. As highlighted in our previous analysis, a hold below the 1.3200 level is very crucial for the continuation of EUR’s medium…
EURUSD: Recovery Momementum Eyes The 1.3414 Level
Our outlook for EUR remains for a further move towards the 1.3414 level having failed to hold below the 1.3200 level and rallied higher for the third consecutive day. As highlighted in our previous analysis, a hold below the 1.3200 level is very crucial for the continuation of EUR’s medium…
Goldman Sachs Group Inc. s shares tumble more than 8% Friday, leading a drop in financial stocks, after reports the U.S. government may pursue criminal charges against the company trigger analysts downgrades.
Goldman Sachs Group Inc. s shares tumble more than 8% Friday, leading a drop in financial stocks, after reports the U.S. government may pursue criminal charges against the company trigger analysts downgrades.
US STOCKS-Goldman probe, GDP data weigh on Wall Street (at Reuters)
* Economy grows at 3.2 pct pace in Q1, less than expected * MEMC Electronic tumbles, chipmakers off * U.S. starts criminal probe into Goldman-source
US STOCKS-Goldman probe, GDP data weigh on Wall Street (at Reuters)
* Economy grows at 3.2 pct pace in Q1, less than expected * MEMC Electronic tumbles, chipmakers off * U.S. starts criminal probe into Goldman-source
CORRECTED-US STOCKS-Wall St down on Goldman probe, GDP data (at Reuters)
* Economy grew at 3.2 pct pace in Q1, less than expected