Rush Horn’s Forex Strategy Master – Review Plus $100 Bonus

A senior reviewer says, The system is set up to allow you to start trading and making profits right from the word go. No long, tedious learning curve just get going and get earning straight away. Russ Horn is so confident about his new system that hes offering a 100%, no questions asked, money back guarantee. Its so hard for even the most experienced traders to make real money because the market conditions have changed so much over the past few years and were in economic times that have just not existed before.
Source: http://www.ssuchronicle.com/2014/04/01/forex-strategy-master-review-scam-or-truth/

The alleged coordination, it said, might include the exchange of confidential information, transactions with other market participants at agreed price levels and coordinated actions to influence a foreign exchange benchmark. “Based on the information currently available to the competition commission, authorities believe that the most important currencies are affected,” WEKO said, adding that it “cannot exclude” other banks and brokers also may have been involved. Credit Suisse said it was “astonished’ by the allegations, and noted it was not subject to WEKO’s preliminary investigation into various banks. “The press release contains incorrect references to Credit Suisse AG and these allegations are both inappropriate and harmful to our reputation,” the Zurich-based bank said of the commission’s statement.
Source: http://abcnews.go.com/International/wireStory/swiss-investigating-banks-forex-market-23124655

Created by Russ Horn himself, The Dynamic Positioning Indicator is a many modernized one on an earth that is uncannily accurate, quick and is laser targeted to creation people some-more setups and some-more potentially essential trades. The Trading Manual is jam packaged with information; combined in a demeanor that both beginner and gifted traders can fast read, digest and know and it accompanies a DVD set. Signal Automation Recognition Alert (S.A.R.A) turns an information people benefit from a Dynamic Positioning Indicator into a fast process of creation critical wealth. People also learn accurately how to use a MetaTrader4 Platform to their personal full advantage to make limit profits. >> Click Here to Get Instant Access to Forex Strategy Master << A Forex Strategy Master examination reveals that this FOREX trade complement is privately designed to win in todays uneasy times. This means that a sensitivity of a marketplace currently indeed helps people trade a market and make a genuine and estimable profit.
Source: http://www.ssuchronicle.com/2014/04/01/rush-horns-forex-strategy-master-review-plus-100-bonus/

OANDA Tabs Gavin Ward And Louis Cooper To Head Greater China, Antipodean Markets

The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc.
Source: http://money.cnn.com/2014/03/31/news/swiss-forex-probe/index.html

Forex: EUR/USD Risks Larger Decline on Failure to Close Above 1.3800 4/1/2014

Against the yen, the dollar touched a high of 103.71 yen , its best since Jan. 23, after a report showed U.S. factory growth increasing for a second straight month. “It is consistent with an economy making progress but one growing between 2 and 2.5 percent.
Source: http://uk.reuters.com/article/2014/04/01/markets-forex-idUKL1N0MT0ZR20140401

Swiss target 8 banks in forex probe

According to Ed Eger, President and CEO, OANDA etf investing strategies Corporation in a recent statement on the appointment, recent studies show a small decline of forex traders in most of the Asia-Pacific (APAC) countries, but OANDA is bucking the industry. We have shown strong growth in APAC year-over-year and continue to support our customers in these important markets. Given their expertise and insights, I know both Gavin and Louis will elevate our profile, our forex and CFD offerings, and help to define our fxTrade platform as the best choice for investors in each region. Indeed, the Chinese and Antipodean markets have been a boon or bust market in recent years, owing to a variety of factors. Most recently, New Zealand has taken measures to help foster greater transparency across forex and financial reporting, which could ultimately serve as a greater incentive towards market growth. Gavin Ward To Head Greater China Operations Gavin Ward Head of Greater China OANDA Corporation To this end, Gavin Ward represents the ideal candidate to help manage OANDAs interests in these regions, having built a vast resume across the financial services industry in both Europe and Asia previously.
Source: http://forexmagnates.com/oanda-tabs-gavin-ward-and-louis-cooper-to-head-greater-china-antipodean-markets/

FOREX-Dollar declines ahead of Friday’s U.S. jobs report

Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor.
Source: http://forextv.com/forex-video/forex-eurusd-risks-larger-decline-on-failure-to-close-above-1-3800-412014/

Obama, Francis Find Common Ground _ And Divisions

The gaps were evident in the differing accounts Obama and the Vatican gave of the meeting, with Obama stressing the two leaders’ common ground on fighting inequality and poverty while Vatican officials emphasized the importance to the church of “rights to religious freedom, life and conscientious objection.” That point by church officials referred to a major disagreement over a provision of Obama’s health care law. The meeting inside the grand headquarters of the Roman Catholic Church marked a symbolic high point of Obama’s three-country visit to Europe. For a president whose approval ratings have slipped since winning re-election, it was also an opportunity to link himself to the hugely popular pope and his focus on fighting poverty. “Those of us as politicians have the task of trying to come up with policies to address issues,” Obama said following the meeting. “But His Holiness has the capacity to open people’s eyes and make sure they’re seeing that this is an issue.” The president said the plight of the poor and marginalized was a central topic in their talks, along with Middle East peace, conflicts in Syria and the treatment of Christians around the world.
Source: http://abcnews.go.com/International/wireStory/white-house-notebook-obama-meets-holiness-23082253

Obama meets with Saudi king to reassure key ally

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Source: <a href='http://www.usatoday.com/story/theoval/2014/03/28/obama-pope-francis-cbs-news-vatican/6999915/&#039; visit this page >http://www.usatoday.com/story/theoval/2014/03/28/obama-pope-francis-cbs-news-vatican/6999915/

Obama warns against over-promising on Ukraine response

IMF steps in “There are ways for us to hopefully influence Russian decision-making and one of the most important things we can do on that front is make sure that the Ukrainian government is stable, that its finances are stable, and their elections go forward as currently scheduled,” Obama said, adding that “we are going to have to put a lot of resources and a lot of effort” to make all that happen. What is Russia’s next move? Senator: Sanctions won’t curb Putin President Obama meets the Pope While Renzi and other European leaders have pledged a unified response to any further Russian expansion efforts, questions remain about whether Germany, Britain and other nations with significant economic ties to Russia would join in threatened sanctions targeting major sectors of the Russian economy. The Obama administration has made the threat of such escalating sanctions the centerpiece of its efforts to get Russia to draw down tens of thousands of troops near the Ukraine border and negotiate with Kiev on territorial issues and ensuring the rights of ethnic Russians in Ukraine. Obama acknowledged Thursday that expanding sanctions to target Russia’s financial services, energy, mining, defense and engineering industries would impact U.S. and European companies that do business with Russia in the connected global economy.
Source: http://www.cnn.com/2014/03/27/politics/obama-europe/index.html

Obama May Allow Air Defense Help For Syria Rebels

While Mr. Obama and Pope Francis’ predecessor, Pope Benedict XVI , had a cool relationship, the White House was hoping for better chemistry between the president and the first pope from the developing world. Mr. Obama, who arrived in Italy on Wednesday night, has tried to highlight the similarities in his policy agenda and Pope Francis’ strong antipoverty message, even quoting the pontiff in his speech on economic inequality. Pope Replaces ‘Bishop of Bling’ Pope Francis accepted the resignation of a senior German cleric dubbed the “Bishop of Bling” for spending $42.7 million on redoing his official residence. The lift that a nod from Pope Francis could give Mr.
Source: http://online.wsj.com/news/articles/SB10001424052702304688104579464884228860904

Obama meets Pope to discuss inequality

21, 2013. (AP Photo/Hadi Mizban) A Syrian military soldier holds his AK-47 with a sticker of Syrian President Bashar Assad as he stands guard at a check point on Baghdad street, in Damascus, Syria, Wednesday, Aug. 21, 2013. (AP Photo/Hassan Ammar) A Syrian military soldier holds his AK-47 with a sticker of Syrian President Bashar Assad and Arabic that reads, “Syria is fine,” as he stands guard at a check point on Baghdad street, in Damascus, Syria, Wednesday, Aug. 21, 2013.
Source: http://www.huffingtonpost.com/2014/03/28/obama-syria_n_5050116.html

Obama Invites Pope Francis to Visit the US

Its the lack of empathy that makes it very easy for us to plunge into wars. Its the lack of empathy that allows us to ignore the homeless on the streets. Obviously, central to my Christian faith is a belief in treating others as I would have them treat me. What I think has created so much love and excitement for his Holiness has been that he seems to live this and shows that joy continuously, added Obama. The president said they did not discuss social schisms, explaining, I think his Holiness and the Vatican have been clear about their position on a range of issues. Some of them I differ with. Most I hardly agree with. Asked about their relationship going forward, the president said: I dont think that his Holiness envisions entering into a partnership of coalition with any political figure on any issue.
Source: http://abcnews.go.com/blogs/politics/2014/03/obama-invites-pope-francis-to-visit-the-u-s/

Obama: Pope may be ‘uncomfortable’ with opulence

Ever since Washington withdrew support for President (Hosni) Mubarak of Egypt in 2011, Abdullah and other Gulf leaders have worried about the reliability of Washingtons posture toward even longstanding allies, Henderson wrote this week. President Obamas U-turn on military action against Syria over its use of chemical weapons last summer only added to the concern, which has likely morphed into exasperation after recent events in Crimea, where the Saudis judge that President Obama was outmaneuvered by Vladimir Putin. The technological advances that have increased oil and gas production in the United States have also made Gulf states nervous, said Tamara Cofman Wittes, a senior fellow at the Brookings Institution and director of its Saban Center on Middle East Policy A lot of people in the region, I think, are naturally asking themselves what Americas energy independence means for Americas willingness to invest in the security of energy and supply from the Gulf, she said. Fridays talks also come in the aftermath of Saudi Arabias refusal to grant a visa to the Washington bureau chief of The Jerusalem Post who had sought to cover Obamas trip. Rhodes told reporters that the U.S. government reached out to Riyadh to intervene but to no avail.
Source: http://www.washingtonpost.com/world/middle_east/obama-in-saudi-arabia-to-reassure-key-gulf-ally/2014/03/28/1d2a1e76-b683-11e3-9eb3-c254bdb4414d_story.html

Obama and Pope Francis Meet in Rome

Obama told Francis he was a “great admirer” at the start of their talks at the Vatican, which political observers said could be a bid to boost the US president’s support at home among Catholic voters. The closed-door talks between the first African-American US president and the first pope from Latin America lasted around 50 minutes — slightly longer than papal meetings with other world leaders. The White House said Obama had been hoping to speak to Francis about their “shared commitment to fighting growing inequality” as well as the Middle East peace process, the environment and immigration reform. The two exchanged gifts afterwards, with the pope offering Obama a copy of his “apostolic exhortation” from last year in which he excoriated global capitalism and also reiterated his firm opposition to abortion. “I actually will probably read this in the Oval Office when I’m deeply frustrated.
Source: http://news.yahoo.com/obama-meet-inspiration-pope-discuss-inequality-091406584.html

Quarterly Changes To The Nasdaq Q-50 Index

/quotes/zigman/16652596/delayed/quotes/nls/sfm SFM -1.77% , Sears Holdings Corporation /quotes/zigman/95136/delayed/quotes/nls/shld SHLD +2.32% , Sina Corporation /quotes/zigman/82699/delayed/quotes/nls/sina SINA -2.18% , Ulta Salon, Cosmetics & Fragrance, Inc. /quotes/zigman/107036/delayed/quotes/nls/ulta ULTA +2.31% , Urban Outfitters, Inc. /quotes/zigman/55244/delayed/quotes/nls/urbn URBN +1.50% and Windstream Holdings, Inc. /quotes/zigman/21375738/delayed/quotes/nls/win WIN +1.21% . About NASDAQ OMX Global Indexes NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971.
Source: http://www.marketwatch.com/story/quarterly-changes-to-the-nasdaq-q-50-index-2014-03-17

Lipocine to Begin Trading on the NASDAQ Capital Market

From 2000 to 2010, the Nasdaq listed more tech IPOs than the NYSE in every year except one, according to calculations by S&P Capital IQ. But in 2012, the NYSE managed to tie with Nasdaq; and in 2011 and 2013, the NYSE beat out Nasdaq for tech IPOs. NYSEs recent tech IPOs include the photo website Shutterstock Inc. /quotes/zigman/21382860/delayed /quotes/nls/fuel FUEL Whats at work here?
Source: http://blogs.marketwatch.com/thetell/2014/03/18/alibaba-is-the-latest-battle-in-war-of-nasdaq-v-nyse/

Alibaba is the latest battle in war of Nasdaq v. NYSE

The shares fell $.17 or 3.9 percent to $4.18. Elbit Medical Imaging Ltd. : Approximately 10,210,400 shares changed hands, a 2,070.1 percent increase over its 65-day average volume. The shares rose $.07 or 32.4 percent to $.27. Glen Burnie Bancorp : Approximately 5,700 shares changed hands, a 1,463.9 percent increase over its 65-day average volume.
Source: http://www.businessweek.com/ap/2014-03-18/nasdaq-stocks-posting-largest-volume-increases

Breadth buoys Nasdaq

(YHOO) topped the list of the days best performing components of the Nasdaq 100 index, trading up 4.0%. Year to date, Yahoo! has lost about 3.3% of its value. And the worst performing Nasdaq 100 component thus far on the day is Illumina (ILMN), trading down 2.1%. Illumina is showing a gain of 45.8% looking at the year to date performance. Two other components making moves today are Express Scripts Holding (ESRX), trading down 0.7%, and Biogen Idec (BIIB), trading up 4.0% on the day.
Source: http://www.forbes.com/sites/marketnewsvideo/2014/03/17/nasdaq-100-movers-ilmn-yhoo/

Nasdaq stocks posting see here largest percentage decreases

Oxygen Biotherap fell 8.5 percent to $5.68. Natures Sunshine fell 8.1 percent to $14.03. DTS Inc. fell 6.9 percent to $19.75.
Source: http://www.businessweek.com/ap/2014-03-18/nasdaq-stocks-posting-largest-percentage-decreases

Nasdaq stocks posting largest volume increases

Investors shouldnt fear Nasdaq 5,000. It is a very different index today, said James Paulsen, chief investment strategist, at Wells Capital Management in Minneapolis. I dont know whether it will break the old record high this year, but before this bull is over I believe it will. Investor psychology today is the polar opposite of what it was in 2000. Back then investors didnt care that companies had no earnings or much prospect for earnings.
Source: http://www.dallasnews.com/business/columnists/will-deener/20140316-breadth-buoys-nasdaq.ece

Nasdaq 100 Movers: ILMN, YHOO

Lipocine’s lead product candidate, LPCN 1021, is in Phase 3 and is targeted to treat symptoms of low testosterone for men in need of testosterone replacement therapy. Additional pipeline candidates include LPCN 1111, a next generation oral testosterone therapy product, and LPCN 1107, which has the potential to become the first oral hydroxyprogesterone caproate product indicated for the prevention of preterm birth and is currently in Phase 1. Forward-Looking Statements The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include statements relating to the Company’s expectations regarding increased awareness and visibility for the Company in the investment community and the clinical status and potential uses and benefits of Lipocine’s product candidates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, risks related to clinical trials, the receipt of regulatory approvals, market acceptance of our product candidates, manufacturing and commercialization risks, and other risks detailed in Lipocine’s filings with the U.S.
Source: http://finance.yahoo.com/news/lipocine-begin-trading-nasdaq-capital-123000003.html

Senate Democrats Help Block Obama Nominee For Civil Rights Post

“It would immediately raise millions of people out of poverty. It would help millions more work their way out of poverty. And it doesn’t require new taxes, doesn’t require new spending, doesn’t require some vast bureaucracy,” Obama said. Connecticut has already raised its state minimum wage above $7.25, and Democratic Governor Dannel Malloy is seeking to hike it again to $10.10. Republicans have objected to the plan to raise the minimum wage, bolstered by a report from the nonpartisan Congressional Budget Office, which said the plan could lead to 500,000 fewer jobs.
Source: http://uk.reuters.com/article/2014/03/06/us-usa-obama-idUKBREA2428820140306

More business news Group pledges to lend $1B in support of Obama initiative Zachary A. Goldfarb The My Brothers Keeper initiative aims to boost the life chances of young African and Hispanic men. Amy Goldstein and Sandhya Somashekhar Rule changes include allowing people to keep bare-bones insurance policies for longer than expected. More business news In a nod to staunch Republican opposition, Obama urged Americans to demand answers from their lawmakers about whether they support raising stagnant wages and ask if not, why not? Ask them to reconsider.
Source: http://www.washingtonpost.com/business/in-populist-appeal-obama-spotlights-minimum-wage/2014/03/05/959577f0-a4ce-11e3-b865-38b254d92063_story.html

After four years of record-setting annual deficits that each exceeded $1 trillion, the budget gap dropped to $680 billion in 2013 and could continue downward. Obama’s budget projects shortfalls of $649 billion this year and $564 billion in 2015. A bipartisan compromise curbing agency spending for the next two years, combined with the usual election-year pressures to avoid politically risky steps, has further diluted lawmakers’ desires to tackle the problem. But Washington groups that press to control budget shortfalls argue that the government’s long-term fiscal problem remains. They argue that retiring baby boomers and ever-rising health costs threaten to swamp revenues in the long run, running federal debt to levels that are hard to sustain without risking economic problems.
Source: http://abcnews.go.com/Business/wireStory/gop-deficit-hawks-pan-obamas-39t-budget-22779801

GOP, Deficit Hawks Pan Obama’s $3.9T Budget

They included $1 trillion in tax increases mostly on the rich and corporations and a collection of spending boosts for programs like consumer protection and improved technology in schools. Obama calls it an evenhanded attempt to spur the economy. Groups that advocate tougher steps to reduce federal deficits are critical. They’re unhappy with the plan’s $2.2 trillion in 10-year deficit cuts, saying they are not serious attempts to control the budget’s long-range problems. Also on HuffPost: Loading Slideshow President Barack Obama Obama’s second-term agenda had to take a backseat after several scandals caught the media’s attention in May. Republicans’ continued scrutiny of the Obama administration’s handling of the attacks in Benghazi was a significant distraction.
Source: http://www.huffingtonpost.com/2014/03/05/obama-budget_n_4903176.html

Administration for Children and Families. President Obama had eliminated funding for abstinence-only programs in his 2010 budget. But Congress restored some of the funding, most recently in its latest budget deal . More than $175 million is spent on other sex education programs. “Taxpayers want to know: Is my money going to something that’s making a difference,” said Bill Albert, chief program officer for the National Campaign to Prevent Teen and Unplanned Pregnancy.
Source: http://money.cnn.com/2014/03/05/news/economy/budget-cuts-sex/index.html

But only 47 senators voted to proceed to final consideration of Adegbile, making him the first Obama nominee rejected since Democrats changed Senate procedure last year to require a simple majority of senators present to advance a nominee to a final vote. Even though they knew they had no GOP support, Democrats brought the nomination to a vote because they were betting that enough of their own would stick with the president. We were very close to getting this good man nominated, Reid (D-Nev.) told reporters after the vote. Adegbiles fate was sealed, he said, when a number of people saw the vote not going in a certain way. Reid had spoken in defense of Adegbile and initially voted in favor but later switched his vote to no, making him the eighth Democrat to vote against the nominee. But Reid did so only to reserve his right as Senate leader to bring up the nomination again. student loan rates
Source: http://www.washingtonpost.com/politics/7-senate-democrats-help-block-obama-nominee-for-civil-rights-post/2014/03/05/4becad52-a48e-11e3-84d4-e59b1709222c_story.html

Ukraine Unrest Upsets Stock Markets

The rising threat of war between Ukraine and Russia sent investors scurrying for relative safety on Monday, pushing stocks down sharply – the Moscow market fell 11.5 percent – and lifting gold to a four-month high. Kacper Pempel/File/REUTERS Enlarge NEW YORK U.S. stocks tumbled on Monday alongside other risky assets globally as Ukraine and Russia prepared for possible war after Russian PresidentVladimir Putindeclared he had the right to invade his neighbor. The Christian Science Monitor Weekly Digital Edition Ukrainemobilized for war on Sunday and Washington threatened to isolateRussia economically as Moscow ‘s biggest confrontation with the West since the Cold War unfolded.
Source: http://www.csmonitor.com/Business/2014/0303/Ukraine-unrest-upsets-stock-markets

Bearish Manager Missed Big Stock Gains

This holds futures contracts on all the big commoditiessugar, cattle, corn, soybeans, coffee and wheat. It’s up 14 percent in the last six weeksmuch of the gain is due to Ukraine concerns, but also because of poor weather in the U.S. and Brazil that has driven up grain and oil-seed and soybean prices. The concern is that food costs may be rising for a variety of reasons.
Source: http://www.cnbc.com/id/101461716

Warren Buffett: Ukraine won’t stop my stock buying

In the 12 months through February, Hussman Strategic Growth lost 3.5% while the S&P 500 gained 25.4%, Morningstar says. That’s particularly frustrating as Mr. Hussman has done a good job of stock picking. In 2010, the fund says Best Stocks to Purchase its equity investments and cash equivalents gained 16.6% but it lost 3.6% net of hedges.
Source: http://online.wsj.com/article/SB10001424052702303704304579383224190021540.html

Muted stock market reaction to Ukraine so far

An index fund keeps costs low, which Buffett said is tremendously important when investing, because fees act like a tax on returns. Buffett said that in his will he recommends that 90 percent of the money for his wife should go into an index fund. Why not Berkshire stock? “That would be fine, too,” he replied, but he doesn’t like “touting” it.
Source: http://www.cnbc.com/id/101459508

Forex-aussie Down As Yuan Falls; Norwegian Crown Extends Gains

By Ilya Spivak 9 hours ago 0 shares To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: Support: 0.8240 (23.6% Fib exp.), 0.8212 (38.2% Fib exp.) Resistance: 0.8283-0.8306 (trend line cluster), 0.8349 (Feb 6 high) A decision to pass on an opportunity to buy the Euro against the British Pound yesterday proved wise as prices retreated from trend line resistance in the 0.8283-0.8306 area. A daily close below support at 0.8240, the 23.6% Fibonacci expansion, exposes the 38.2% level at 0.8212. Alternatively, a move through resistance targets the February 6 high at 0.8349. Prices are sitting too close to relevant support to justify a short entry from a risk/reward perspective. We will remain on the sidelines for now, looking for a more attractive selling opportunity. Confirm your chart-based trade setups with the Technical Analyzer .
Source: http://finance.yahoo.com/news/forex-eur-gbp-technical-analysis-125600701.html

FOREX-Aussie weakens as yuan slide deepens

INFLATION The euro gained 0.1 percent against the dollar at $1.3750 , after the closely watched German Ifo survey beat expectations on Monday. However, in a week lacking major economic data, all eyes will be on Friday’s first estimate of euro zone February inflation. Recent months’ numbers have seen price growth sliding below 1 percent, strengthening the case for more action by the European Central Bank to provoke growth. Many players who began the year believing more ECB easing and the U.S. Federal Reserve’s reining in of its own stimulus would gave the dollar a lift are reconsidering. But few seem prepared to bet on a stronger euro ahead of the inflation number, forecast to inch down to 0.7 percent.
Source: http://www.reuters.com/article/2014/02/25/markets-forex-update-idUSL6N0LU2SZ20140225

Forex – GBP/USD trims gains after U.S. consumer confidence report

Cable was likely to find support at 1.6584, Monday’s low and resistance at 1.6823, the high of February 17. The Conference Board reported that its consumer confidence index declined to 78.1 in February, down from 79.4 in January, amid concerns over the short-term outlook for business conditions, jobs, and earnings. Analysts had expected the index to tick up to 80.0. The present situation index rose to its highest level in almost six years, but the expectations index declined, indicating that while consumers believe the economy has improved they do not foresee further considerable improvement in the coming months.
Source: http://www.nasdaq.com/article/forex-gbpusd-trims-gains-after-us-consumer-confidence-report-cm329699

Forex – Pound extends gains against dollar

The greenback fell in later trading after a U.S. stock-market rally enticed investors out of the greenback, while talk the Ukraine may receive international aid and avoid default also sent the U.S. currency falling as investors took up risk-on trading positions. Meanwhile in Europe, German research institute Ifo said its business climate index came in at 111.3 in February, the highest level since mid-2011, up from 110.6 in January. Analysts had expected an unchanged reading. German firms are benefitting from high export demand the report said, though ongoing emerging-market volatility concerns clouded the outlook.
Source: http://www.moneycontrol.com/news/rupee/forex-usdjpy-mixed-after-falling-cspi-indexjapan_1047829.html

Market participants were looking ahead to U.S. reports on house prices and consumer confidence due out later in the session, amid concerns over the outlook for the economic recovery. Investors remained cautious after a recent series of disappointing U.S. economic indicators, including reports on jobs growth, retail sales and housing sparked concerns that http://www.etftradingsignals.com the economic recovery has lost momentum since the end of last year.
Source: http://www.jpost.com/Business/Investing/Forex-Pound-extends-gains-against-dollar-343526

Forex – USD/JPY mixed after falling CSPI index in Japan

“For now it appears to be relatively contained, but the Aussie would be the likely underperformer should it materialise into something of significance, with the dollar and the yen the likely outperformers.” Daragh Maher, a strategist at Asia-focused HSBC, played down the prospect of a deeper sell-off of the Aussie linked to the yuan move, at least for now. But he said western players, for whom the steady rise of the yuan has been one of the few certainties in global foreign exchange markets in recent years, may have to reassess. After falling another half a percent overnight, offshore rates for the yuan found some support around 6.1270 to the dollar. The spot yuan rate earlier fell below the official mid-point rate for the first time since September 2012, amid speculation the central bank may have intervened in preparation for a doubling of its trading band.
Source: http://in.reuters.com/article/2014/02/25/markets-forex-idINL6N0LU1O820140225

FOREX-Dollar falls after weak U.S. consumer confidence data

Tarullo’s comments suggested the Fed could raise interest rates, which would be positive for the dollar. The central bank has kept interest rates at near-zero levels for more than five years to help the economy recover from recession. The dollar’s rebound was short-lived, however, as lower U.S. bond yields kept the dollar weak.
Source: http://www.reuters.com/article/2014/02/25/markets-forex-idUSL6N0LU2YD20140225

Obama’s N. American Agenda Hits Congressional Drag

But the separate negotiations with the European Union and 11 Pacific Rim nations are generating strong emotions at home and abroad. Many Democrats up for reelection in November are fearful of drawing primary-election opposition over the trade talks. Concerned about lost jobs that are important to labor unions, they’re abandoning Obama on this issue. Late last year in fact, 151 House Democrats, roughly three-quarters of the chamber’s Democratic membership, signed a letter to Obama signaling their opposition to granting him fast-track trade authority. Obama said his goal in requesting such authority Obama Student Loan Forgiveness was “to protect our workers, protect our environment and open new markets to new goods stamped ‘Made in the USA.’ ” But the president, never known as an enthusiastic free-trader in the past, has yet to make an all-out push for the authority, which was last approved by Congress in 2002 for President George W.
Source: http://www.philly.com/philly/news/nation_world/20140219_Obama__fellow_Dems_are_at_odds_on_big_trade_bills.html

Obama administration calls on Ukraine president to ‘de-escalate’ violence, talk with protesters

In April, he travels to Japan, Malaysia, South Korea and the Philippines . Last Tuesday morning, French President Francois Hollande invited Obama to France for the 70th anniversary of D-Day ; Obama accepted before lunchtime. After Obama met with Senate Democrats earlier this month, one of the lawmakers told The Posts Ed OKeefe that Obama assured them that he would not be offended if he were not invited to campaign for them. Even when he travels around the country, its often for anodyne appearances such as Tuesdays visit to a grocery distribution center in the safely Democratic state of Maryland. Thats hardly surprising.
Source: http://www.washingtonpost.com/opinions/dana-milbank-obama-can-help-democrats-all-the-way-to-the-bank/2014/02/18/5b44dfa6-98d9-11e3-80ac-63a8ba7f7942_story.html

Johns, who runs UTs program in Tuscany, was stunned to get a handwritten apology from the president himself on White House stationery. Ann let me apologize for my off-the-cuff remarks. I was making a point about the jobs market, not the value of art history, he wrote. As it so happens, art history was one of my favorite subjects in high school, and it has helped me take in a great deal of joy in my life that I might otherwise have missed, Obama said in the 13-line note. He added: So please pass on my apology for the glib remark to the entire department, and understand that I was trying to encourage young people who may not be predisposed to a four-year college experience to be open to technical training that can lead them to an honorable career. He signed the letter, Sincerely, Barack Obama. Johns wrote on her Facebook page that she loves Obama and now feels badly about the whole incident.
Source: http://nypost.com/2014/02/18/obama-apologizes-to-art-teacher-for-mocking-art-history-degrees/

During a visit to a grocery store distribution center, President Obama will order the Environmental Protection Agency and Transportation Department to develop and issue the new standards by March 2016, according to a White House official who would not be named when discussing the announcement ahead of the event. The new fuel efficiency requirements will mark the second phase of the effort to reduce the harmful pollutants by targeting trucks. In 2011, the Obama administration completed fuel standards for medium and heavy vehicles. Those regulations call for a 20% reduction in heavy-vehicle emissions by 2018 and applied only to truck models 2014 through 2018. Experts estimate car manufactures would need to boost fuel efficiency to an average of 8 miles per gallon to reach the new standards, up from 6 miles per gallon at the time of the announcement.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-obama-deadline-fuel-efficiency-trucks-20140217,0,682284.story

The U.S. is also in the midst of negotiations over a Trans-Atlantic Trade and Investment Partnership with the European Union. But the president is facing stiff election-year resistance from Democratic leaders over his desire to get “fast track” trade authority, which would require Congress to give yes-or-no votes on the trade agreements and deny lawmakers the opportunity to amend them. Both Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi have made clear they don’t want Obama pushing the issue this year. Trade agreements have typically been more popular with Republicans than with Democrats; business groups tend to support the removal of trade barriers whereas labor unions fear the loss of jobs.
Source: http://news.yahoo.com/obama-39-n-american-agenda-hits-congressional-drag-052522996.html

Biden asked Yanukovych to pull back government forces and also urged him to talk immediately with opposition leaders to address protesters’ legitimate grievances and to put forward serious proposals for political reform, according to the White House. Biden also made clear the United States is committed to supporting efforts toward a peaceful resolution that reflects the will and aspirations of the Ukrainian people, the White House said. The violence Tuesday was the deadliest in nearly three months of anti-government protests that have paralyzed Ukraine’s capital and the worst in the country’s post-Soviet history. The protests began in late November after Yanukovych turned away from a long-anticipated deal with the European Union in exchange for a $15 billion bailout from Russia. The political maneuvering continued, however, with both Moscow and the West eager to gain influence over this former Soviet republic.
Source: http://www.foxnews.com/politics/2014/02/18/obama-administration-calls-on-ukraine-president-to-de-escalate-violence-talk/