Dollar Declines Against Yen on Unexpected Drop in Orders for Durable GoodsWednesday, July 28, 2010 @ 8:25AMThe dollar declined from the highest level in almost two weeks versus the yen as orders for U.S. durable goods unexpectedly fell last month.
Chinese banks facing serious default risksMonday, July 26, 2010 @ 8:58PMThis lead story in the FT online might undermine the AUD somewhat as the session progresses. The article contends that Chinese banks are facing default risks on 1/5th of the CNY7.7 billion loans that they have made to local governments.
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European markets flat after stress testsMonday, July 26, 2010 @ 7:35AMLONDON (AP) — European markets were little changed Monday even though the results of the stress tests into 91 EU banks have been met with a degree of skepticism — while the simulations gave a broadly positive view of the region's financial sector, a number of analysts question their rigor.
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US Dollar Awaits a Clear Bearing on Risk, Looks Ahead to 2Q GDPFriday, July 23, 2010 @ 10:51PMUS Dollar Awaits a Clear Bearing on Risk, Looks Ahead to 2Q GDP Fundamental Outlook for US Dollar: Neutral - The markets seem weather the EU Stress Test; but confidence has not been restored - US economic health continues to diminish, leveraging a dependency on risk appetite trends - Dollar awaits confirmation on direction, conviction with key levels ahead In the past week, the dollar has carved ...
Euro Declines as Stress Tests Fail to Ease Banking Risk ConcernFriday, July 23, 2010 @ 1:34PMThe euro declined versus a majority of the most-traded currencies this week as results showing that only seven banks flunked European Union-wide stress tests failed to ease concern lenders may not have sufficient capital.
Euro Falls as Stress Test Said to Only Consider Trading LossesFriday, July 23, 2010 @ 9:05AMThe euro slumped against the dollar after a draft document said the 91 banks being stress-tested were only examined on European sovereign debt losses for the bonds they trade, rather than those they hold to maturity.
TradeStation Group Reports Second Quarter EPS of Nine Cents ($0.09)Thursday, July 22, 2010 @ 6:40AMPLANTATION, Fla. -- TradeStation Group, Inc. today reported for the 2010 second quarter net revenues of $36.1 million, net income of $3.5 million, and earnings per share of 9 cents, compared to 2009 second quarter net revenues of $35.2 million, net income of $4.7 million, and earnings per share of 11 cents.