Posts Tagged ‘Month’
Norwegian Krone Weakest Currency Across the Board Over Past Month
Author: Germina Lake
Norwegian Krone Weakest Currency Across the Board Over Past Month
OVERVIEW Norways FinMin Johnsen has been on the wires expressing serious concern over the strength of the krone and the need to shelve monetary tightening for as long as possible to stem further NOK appreciation. There is no doubt that the stronger currency has had a detrimental impact on exports in Norway, with the central bank reacting in recent months and moving to leave rates on hold at the …
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U.S. stocks lapse in first trading day of month
Author: Germina Lake
U.S. stocks lapse in first trading day of month
Markets shed losses and turn higher after reports on construction spending and manufacturing offer evidence the economy is still on the mend.
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Euro at 10 Month Low…and Headed Lower
Author: Germina Lake
We can say with confidence that the high is in place and that the EURUSD is headed lower in either larger wave 5 or wave 3 of 3. Risk should be kept to 13573 and 13400-13450 is resistance.
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