Money Making LoungeMoney Making LoungeDedicated content for money makers. News, articles, commentaries and reviews about Forex Trading and other Money Making opportunities. Articles
Money Making Lounge is Here!
2008-03-26 18:20:00 Hello fellow readers, I'm sorry for letting you without our daily reports for the last couple weeks. This time was needed in order to take things in the right place and now make a better blog for all... More at: http//moneymakinglounge.blogspot.com More About: Money , Lounge
Foreign Exchange Market Daily Update
2008-03-13 20:35:00 The US dollar plunged across the board hitting a new all-time low against the euro and below 100 yen for the first time since 1995 as US retail sales fell unexpectedly last month, adding to the... More at: http//moneymakinglounge.blogspot.com More About: Daily , Market , Exchange , Update , Foreign Exchange
US: More Slowing of Consumer Spending
2008-03-13 20:26:00 Overview: Retail sales for February disappointed with a total decline of 0.6% m/m. Although much of the weakness was driven by non-core components, there was further evidence that real consumer... More at: http//moneymakinglounge.blogspot.com More About: Consumer , Spending
U.S. Market Update
2008-03-13 20:25:00 Dow -69 S&P -7.25 NASDAQ -12.3 Early on the eye seemed to have passed for the equity markets as storm clouds built again on re-energized fears in the financial stocks. Futures tumbled overnight... More at: http//moneymakinglounge.blogspot.com More About: Market , Update
No Spending = No Sales
2008-03-13 20:25:00 So what else is new? The surprise isn't that the reading came in bad, but it actually was much lower than expected... THAT was the shock! The worse is obviously has yet to come as we will see more... More at: http//moneymakinglounge.blogspot.com More About: Sales , Spending
U.S. Retail Sales Falter in February
2008-03-13 20:24:00 - Retail sales slipped 0.6% M/M in February which was significantly worse than expected - Excluding autos, retail sales fell 0.2% M/M and was also well below expectations - Excluding autos and gas,... More at: http//moneymakinglounge.blogspot.com More About: Sales
U.S. Retail Sales Surprise on the Downside in February
2008-03-13 20:23:00 In February , U.S. retail sales dropped 0.6%, contrary to market expectations calling for a 0.2% rise. This followed an upwardly revised 0.4% gain in January (previous: 0.3%). Excluding autos, retail... More at: http//moneymakinglounge.blogspot.com More About: Sales , Retail
U.S. Consumers Curb Spending, Due To Record Oil Prices
2008-03-13 20:22:00 U.S. retail sales unexpectedly fell 0.6% in February, recording only the second drop in eight months supporting fears that the U.S is already in a contraction. Looking deeper into the breakdown, we... More at: http//moneymakinglounge.blogspot.com More About: Spending , Record , Consumers , Prices
Euro Breaks 1.55, Where Is it Headed Next?
2008-03-13 20:13:00 - Will Consumer Spending Crush the US Dollar? - Australian and New Zealand Dollars in Play Euro Breaks 1.55, Where Is it Headed Next? What makes today's record breaking day in the EUR/USD... More at: http//moneymakinglounge.blogspot.com
Foreign Exchange Market Daily Update
2008-03-12 21:40:00 The US dollar fell across the board and reached a new all-time low against the euro on speculation the Federal Reserve's plan to provide funds to banks won't be enough to ease a global credit crunch.... More at: http//moneymakinglounge.blogspot.com More About: Daily , Market , Exchange , Update , Foreign Exchange
U.S. Market Update
2008-03-12 21:39:00 Dow +120 S&P +10.4 NASDAQ +23.4 Equity markets are following through to the upside as the momentum continues from yesterday's 3%+ rally for the major indices. Futures are making new highs late... More at: http//moneymakinglounge.blogspot.com More About: Market , Update
Inflation Threats...
2008-03-12 21:39:00 Yesterday's action that was announced by the Feds to provide funds up to $200 billion in Term Securities Lending Facility (TSLF) to primary dealers had its immediate effect on the financial... More at: http//moneymakinglounge.blogspot.com More About: Inflation , Threats
Fed Looks To Prevent Meltdown
2008-03-12 21:38:00 The Fed moves will alleviate immediate downward pressure on the dollar, but underlying fears will continue. The yen weakened sharply in US trading on Tuesday following the Fed's move to boost... More at: http//moneymakinglounge.blogspot.com
UK Trade Gap Narrows Further
2008-03-12 21:38:00 The UK's trade deficit narrowed for the second consecutive month in January, printing at -4.1 billion pounds versus the expected -4.6 billion. The gap reached as wide as -4.7 billion pounds in the... More at: http//moneymakinglounge.blogspot.com More About: Trade
Consumer Sentiment Collapses
2008-03-12 21:33:00 The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 9.1% in March from 97.4 in February to 88.6 in March. This is an extraordinarily large fall. Even though the 9.1% fall is around... More at: http//moneymakinglounge.blogspot.com
Japanese GDP Surprises to the Upside
2008-03-12 21:31:00 Japan's economy expanded at an annualized rate of 3.5% in the final quarter of 2007, surpassing economists' expectations of 2.3%. Yen appreciation notwithstanding, export growth proved to be an... More at: http//moneymakinglounge.blogspot.com More About: Japanese , Upside
U.S. Market Update
2008-03-11 19:50:00 Dow +217 S&P +22.5 NASDAQ +43.8 Equity markets around the world surged after the Fed announced various new lending tools that would allow them to lend up to $200B to primary dealers. Financials... More at: http//moneymakinglounge.blogspot.com More About: Market , Update
Foreign Exchange Market Daily Update
2008-03-11 19:49:00 The US dollar rose sharply to three month highs against the yen and rebounded from a record low versus the euro after the Federal Reserve announced it will inject liquidity into the financial system,... More at: http//moneymakinglounge.blogspot.com More About: Daily , Market , Exchange , Update , Foreign Exchange
Forces REUNITE!
2008-03-11 19:48:00 A surprise intervention by the Fed's to help pull the economy out of a recession and a narrowed trade balance all in the same day?! Wow this seems like a bright day for the Americans but will they be... More at: http//moneymakinglounge.blogspot.com More About: Forces
Central Banks in Panic Mode, Dollar Sells Off, Fed to Auction up to $200 Bi
2008-03-11 19:45:00 The US dollar skyrocketed this morning after the Federal Reserve announced auctions to lend as much as $200 billion in US Treasuries. This is a coordinated operation in conjunction with the European... More at: http//moneymakinglounge.blogspot.com More About: Banks , Auction , Dollar , Mode , Central
US Dollar Rallies as Fed Announces Measures to Address Liquidity Pressures
2008-03-11 19:44:00 US Trade Deficit Widens Less Than Expected The US trade deficit widened less than expected in January to -$58.2 billion, a 0.6 percent increase from December, as exports grew 1.6 percent while the... More at: http//moneymakinglounge.blogspot.com More About: Dollar , Rallies , Address
EU on FIRE!!!
2008-03-11 19:43:00 In times of turbulence and high volatility businesses and consumers' sentiment account for much, as their perception to the extent of imbalance let's say or deterioration, if seen as worse than... More at: http//moneymakinglounge.blogspot.com More About: Fire
Weak UK Housing Data
2008-03-11 19:42:00 The weak UK housing data will reinforce fears over consumer spending trends and limit the scope for Sterling gains in the short term. Sterling temporarily strengthened through the 0.76 level against... More at: http//moneymakinglounge.blogspot.com More About: Data , Housing
Trichet Shows Unease With Euro Strength But Gets No Official G10 Support
2008-03-11 19:28:00 Sunrise Market Commentary - US Treasuries surge higher on rumour mill Treasuries got a further boost on rumours about liquidity problems at Bear Stearn that was denied later on and lower equities.... More at: http//moneymakinglounge.blogspot.com More About: Euro , Support , Official
Why the US Dollar Could Rebound this Week
2008-03-11 19:22:00 - ECB Trichet: Concern is Not the Same as Brutal - USD/JPY: At Risk for Intervention? Why the US Dollar Could Rebound this Week Since the beginning of the year, one of the best trades in the... More at: http//moneymakinglounge.blogspot.com |
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