The Bank of England’s governor on Friday warned that Britain risked an economic recession if citizens voted to leave the European Union (EU) in next month’s referendum. “In that scenario we woul...
Pfizer (PFE) and Anacor Pharmaceuticals (ANAC) announced that they have entered into a definitive merger agreement under which Pfizer will acquire Anacor for $99.25 per Anacor share, in cash, for a to...
EUR/USD 4 hour The EUR/USD broke below the long-term support trend line (green), which could be explained via a continuation of wave C (blue) or alternatively a wave 3 if price expands below the 161.8...
With Australia’s wheat sowing season well under way,[1] investors are paying more attention to the value of the Australian dollar. A weaker Aussie has helped support the nation’s export economy, w...
Yesterday’s Trading: The euro closed down against the USD on Friday. The price dropped to 1.1282 due to positive US stats. Consumer confidence and retail sales were better than expected. The Reuters...
The USD/CHF pair is trading upwards close to resistance level at 0.9800. The last session the pair showed strength. However there is a possibility for the pair to trade lower than the support level at...
Most people like their truth palatable, easy to digest, and believable.Unfortunately for our emotional needs, some truths are uncomfortable, unsettling, and difficult. Regarding the United States, the...
Today Pfizer (PFE) announced that it would acquire Anacor Pharmaceuticals (ANAC) for $5.2 billion. In other words Pfizer is buying the company for $99.25 per share. At the time of the announcement, AN...
With all the hype surrounding the current presidential candidates and what they can and cannot offer the American citizens, hardly a word has been said about the existing national debt. Standing at a ...
This is probably one of the more interesting times in recent memory for the stock market.Investors are so panicked about the possibility of a recession, bear market, or even just a simple correction t...