Philip Chua Business Blog

Posts Tagged ‘range’

FX markets remained highly volatile to start June trading in NY, with the EUR rebounding nearly 250 points from its overnight lows before falling back to finish in the middle of the day's trading range. Markets remained highly nervous over the strength of the global recovery after Chinese manufacturing indexes

At the March meeting, the FOMC voted to keep the fed funds rate at a range of 0 to 0.25%, and the phrase that interest rates were likely to remain low “for an extended period” remained part of the statement. Thomas Hoenig voted against the policy decision again, as he…

The FOMC is very likely to maintain the target range for the fed funds rate at 0 to 0.25% at this week’s meeting. It will be interesting to see what changes are made to the statement, especially to the phrase “exceptionally low levels of the fed funds rate are warranted…

Stocks traded in a narrow range Friday, a day after the Dow Jones industrial average finished higher for an eighth straight day.







Dow Jones Industrial Average – Business – Investing – Stock – Stocks and Bonds

Having finally pushed through its Oct 13’09 low/range lows at 1.5706 the past week, we are now looking for further downside weakness towards its major support at the 1.5276 level, its .50 Fib Ret(1.3501-1.7041 rally). Before here lies a minor support at the 1.5351 level, its May 12’09 high. With…

The stock market zigzagged in a tight range on the last day of the year as weekly unemployment claims fell to the lowest level since July 2008.









Trading day – Business – Investing – Stocks and Bonds – Equities