Obama Administration Seeking Private Investors for Bailout
The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled assets clogging banks’ balance sheets.
Treasury Secretary Timothy Geithner, who will unveil the Public Private Investment Program today, has crafted an approach using up to [...]
Long Term-Eur/Usd Setup-19th Feb ‘09
Almost a month ago, i did a study on the Eur/Usd pair, on a longer term analysis. As traders, i feel that we are caught in the everyday gameplan to make more pips that we often lose focus of the bigger picture and stronger, overall trends. Which is why, i make it a habit to [...]
Warning:Volatile Day Ahead – 20th Apr ‘09
Take a moment to attempt to answer the questions below before reading
onwards;
Qn : What day of the week is today?
Qn: Which week and which day of the week is it of the month today?
Qn: What is expected and what can happen today?
Ans: Today is the 3rd Friday of the month. As with options, options based
assets [...]
Post FOMC Results-19th Mar ‘09
It was an expected news release with FOMC deciding to hold their rates, with almost no room to cut and there were no further surprises. However, what was surprising was that unlike earlier releases, where the dollar strengthened, it completely weakened the dollar.
Regardless, such news releases, especially with no quantifiable numbers, are difficult to trade [...]
Market Outlook – 18th Mar ‘09
Howdy again folks, it has been another day of USD strength yesterday, primarily after the US Building permits and the US PPI m/m gave out surprisingly strong numbers. It had caused immediate downtrend for slightly less than 100 pips on the G/U and the E/U, but this didn’t cause an overall trend change as the [...]
Seeni J G
