Correlations Are Broken But Australian Dollar Still Leads The S&P 500

Source: Seeking Alpha

The Australian dollar versus the U.S. dollar has served as a proxy for commodity prices, Chinese economic growth, and/or the health of the global economy. This currency has been highly correlated with the S ...
Full article at: Seeking Alpha  More like this  5 hours ago

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GBP/USD Weekly Outlook

Source: International Business Times

GBP/USD dropped further to as low as 1.5636 last week and met mentioned target of 61.8% retracement of 1.5234 to 1.6300 at 1.5641. Initial bias remains on the downside this week and sustained trading below 1.5641 will pave the way t ...
Full article at: International Business Times  More like this  9 hours ago, 5:58pm CDT

Risk or opportunity?

Source: The Star Malaysia

Of late, advertisements on forex trading have been appearing in both the print and electronic media locally. In Malaysia, the easier and legal way to dabble in forex is to invest in foreign currencies. THE stability of the Australian dollar (AUD), wit ...
Full article at: The Star Malaysia  More like this  9 hours ago, 5:55pm CDT

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Way Cool Odysseus and Polyphemus Painting Coming to Auction

Source: Rogue Classicism

… so cool, in fact, that I made it my facebook cover page yesterday. Here’s the beginning of Art Daily’s coverage: A masterpiece by Swiss artist Arnold Böcklin depicting a dramatic retelling of a story from Homer’s ‘Odyssey’ is to headline Sotheby’s s ...
Full article at: Rogue Classicism  More like this  11 hours ago, 4:09pm CDT

A Fair Price For Energy In Europe ?

Source: The Market Oracle

FROM ZERO TO INFINITY One thing electricity consumers in Europe can expect, at latest by about 2017 but probably well before, is that power prices will be "highly variable". They will probably be higher than present, for starters - but on ...
Full article at: The Market Oracle  More like this  11 hours ago, 3:53pm CDT

EUR/USD Outlook May 28 – June 1

Source: Forex Crunch

Euro/dollar didn’t need a gap in order to fall again and reach a 22 month low. Greece and Spain just look worse with every day that passes by. Will the common currency fall for a fifth week in a row? Here is an outlook for the upcomi ...
Full article at: Forex Crunch  More like this  18 hours ago, 8:27am CDT

GBP/JPY Weekly Outlook

Source: International Business Times

GBP/JPY dipped to 124.17 last week and the break of 124.64 confirmed resumption of whole fall from 133.48. While some consolidations could be seen initially this week, upside is expected to be limited by 126.45. The current fall is e ...
Full article at: International Business Times  More like this  20 hours ago, 7:08am CDT

Lee Hughes fined GBP 500 for assaulting woman at Christmas party

Source: New Kerala

Notts County striker, who did not know the woman and had not even spoken to her, pleaded guilty at Croydon Crown Court to common assault. In addition to the fine, he is bound over to keep the peace for one year and ...
Full article at: New Kerala  More like this  20 hours ago, 6:22am CDT

Diplomatic travails, airlines & odd balls on bookshelf

Source: New Kerala

1. Book: "The Ambassadors' Club: The Indian Diplomat At Large", Edited by Krishna V. Rajan, Published by Harper Collins India; Priced at Rs.599 The role of the Indian diplomat is varied. In 1972, when former Ugandan President Idi Amin had declare ...
Full article at: New Kerala  More like this  21 hours ago, 5:41am CDT