Quick update on forex

By Investing Contrarian

Published: November 30, 2009

EUR/GBP will be a key pair to watch. I have strong feeling and some rumours that EUR/GBP will be making a super move in Dec.
Traditionally EUR/GBP makes it big moves in dec. Its either up or down but it will move. I think moving down is virtually impossible. Last Dec EUR/GBP made a 20% [...]

Eurozone inflation inching up

By Investing Contrarian

Published: November 8, 2009

This is dynamite for EUR/USD pair. As inflation inches up into positive territory, we will see ECB becoming more and more hawkish. The target for this pair is 1.52 before year end.
Here is an update from unicredit group
Country data so far available in October suggest a low risk of revision to the eurozone flash [...]

EUROZONE recovery well in place

By Investing Contrarian

Published: October 27, 2009

Click to enlarge
Eurozone preliminary PMI (Purchasing Managers’ Index) data for October shows that the 16-country region’s manufacturing and service output in October, grew at the fastest pace since December 2007.Employment fell for the sixteenth successive month. The rate of job losses eased compared to September. The rate of decline is much slower than that seen [...]

EURO role?

By Investing Contrarian

Published: October 21, 2009

FT quotes from why euro cannot be the next global currency.
There is speculation about pricing oil in something other than dollars, but no evidence of that across the range of traded goods invoiced in dollars – and certainly no switch into the euro. Companies trading goods outside the immediate euro region rely on dollars as [...]

EUROZONE PMI above 50

By Investing Contrarian

Published: October 5, 2009

EUROZONE continues to impress. This will be sweet for the portfolio for EUR/USD and EUR/GBP trade.
LONDON (MarketWatch) — Output in the euro-zone private sector grew by more than previously estimated in September, according to the final Markit composite purchasing managers index released Monday. Growth in Germany and France and slower declines in activity in [...]

Brick by Brick: FED is going Bankrupt….Be warned.

By Investing Contrarian

Published: October 4, 2009

Friends
We are nearing the historic event. The US FED will be bankrupt in a few days/months and the US is going down with it. From the day we launched this public service to let the common users out there know the truth, we have unequivocally and fervently tried to put the truth out there. [...]

Surplus nations to take the baton

By Investing Contrarian

Published: October 2, 2009

Growth has returned to the world economy, the International Monetary Fund announced on Thursday, but the coming recovery will be weak unless countries with large trade surpluses pick up the baton as the motors of demand.