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littlefairy / Published

US unemployment rate at 9.7 percent

The unemployment rate in the US rose to 9.7 percent in August, its highest level since 1983, as the economy shed 216,000 jobs. Economists had anticip[...] read more »
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Dollar Rises, Gold Stays Up

If you had told me late last year that we would soon see both the dollar and gold rally, I would have dismissed you as nuts. But this is exactly what happened after the dollar made a short-term bottom in mid-December. read more »
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European Inflation Rate Falls, Unemployment Increases

Europe’s inflation rate fell more than economists forecast to the lowest since the year the euro was introduced and unemployment rose for a fifth month, giving the European Central Bank more scope to cut interest rates further. read more »
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Canada ready to back U. S. auto aid

Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty will unveil Canada's plan to bailout the Big Three automakers today in the wake of[...] read more »
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Cross-Eyeing: EUR/JPY

What's Up! It looks like today's rally in risk is giving me an opportunity to play a Fibonacci setup on EUR/JPY today. A return to the downside thi[...] read more »
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