For The Professional Investor
Data accidentally released on the Treasury Department’s Website showed that China’s holding of U.S. Treasuries climbed $12.2 billion to an unprecedented $1.37 billion. The official report is scheduled for release at 9 a.m. tomorrow morning in Washington, but has been inadvertently posted on the Treasury’s website. The figures also show an increase in Japan’s holdings […]
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Japanese investors have been leaving their home markets preferring to send their money overseas in an attempt to battle their country’s unprecedented quantitative easing. In fact, the volume of bonds marked in dollars and euros bought by Japanese investors swelled to a four-month high in November. A net 1.48 trillion yen ($14.3 billion) worth of […]
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If there’s one man that can celebrate a fresh start in the new year, that certainly seems to be Mario Draghi. The European Central Bank president had taken a bold stance during a London speech in July 2012 when he declared that he would do “whatever it takes” to save the Euro. Despite disbelief and […]
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The Fed is playing a central role again this week in the global currency exchange as traders await the release of the minutes of the December FOMC minutes to gauge how the Fed really stands towards the $10-billion stimulus reduction it decided to implement. The anticipation alone of the release and speculation as to the […]
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The U.S., Canada’s largest trading partner, experienced a the second greatest boost in its manufacturing industry in over two years last December that drove the Canadian dollar against most of its peers. The loonie fell against the greenback after momentarily rising with American claims for unemployment benefits falling to their lowest in a month. Increased […]
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The euro has become an 18-nation shared currency in the first day of the year as Latvia joined euro area member states. But not all are excited about the news as half of Latvians, it seems, stand in opposition to the currency on fears of price hikes. The citizens of the former Soviet republic suffered […]
Read this article »Happy New Year Everybody! What a better way to bring the New Year in than with an awesome trade that will get you fired up and inspired to hone your trading skills in the new year. On the last day of our 10 Greatest Trades on Wall Street series we have come to a trade […]
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One step before the end in our 10 Greatest Trades on Wall Street list and we have come to the most recent financial crisis that still has a lose grip on the financial world today. This time, however, we are not talking about fancy new technology, but about about the housing market. While everyone was […]
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After Jim Rogers made a fortune on commodities, another trader followed his lead and hones in on one specific commodity that made him a rich man and earned him a place in the Wall Street hall of fame. We’ve all heard the expression that oil is black gold before, but for our next remarkable trader […]
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AS the years move forward and Wall Street adapts its trading to the new era, we see trading practices and opportunities shifting and changing with the times. It should come as no surprise then, that one of the first great Wall Street trades of the twenty-first centuries involves not a traditional asset like currencies and […]
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