Forex Signals and Professional Market Commentary Since 2008

What’s new at PipHut!

What’s new at PipHut!

Hi PipHutters! It’s time for one of our PipHut newsletters, letting you know what’s happening here at PipHut, including new stuff, updated old stuff, free and PRO strategy updates and anything else we can think of. In no particular order, … Continue reading

Fed’s Lacker heartened by strong Dec. job gain

Fed’s Lacker heartened by strong Dec. job gain

RICHMOND (MarketWatch) – The surprising 200,000 net gain in December payrolls was “a heartening sign of a potential firming trend,” said Richmond Federal Reserve Bank President Jeffrey Lacker on Friday. In a speech to financial service professionals, L… Continue reading

France set to lose triple-A rating: reports

France set to lose triple-A rating: reports

SAN FRANCISCO (MarketWatch) — Ratings agency Standard & Poor’s is set to announce later Friday that it has cut France’s coveted triple-A rating, undermining euro-zone efforts to solve a persistent sovereign-debt crisis, according to media reports. Fre… Continue reading

No constructive response in Greek debt talks: IIF

No constructive response in Greek debt talks: IIF

FRANKFURT (MarketWatch) — Negotiations on restructuring privately-held Greek government debt failed to produce a “constructive consolidated response by all parties” and have been suspended, negotiators representing Greece’s private-sector creditors sa… Continue reading

Euro country downgrades possible Friday: report

Euro country downgrades possible Friday: report

FRANKFURT (MarketWatch) — Ratings agency Standard & Poor’s could move as early as Friday to downgrade euro-zone countries, The Wall Street Journal reported, citing European Union sources. The euro extended losses and traded at $1.2702 versus the doll… Continue reading

Greek bond swap talks to resume next week: reports

Greek bond swap talks to resume next week: reports

FRANKFURT (MarketWatch) — Talks between Greece and private bondholders on a voluntary debt exchange failed to come to a conclusion on Friday and will likely resume on Wednesday, according to several news reports. Greek officials have been negotiating … Continue reading

U.S. trade gap widens sharply in November

U.S. trade gap widens sharply in November

WASHINGTON (MarketWatch) – After declining for four straight months, the U.S. trade deficit widened by 10.4% in November to $47.8 billion, the Commerce Department said Friday. This is the largest trade gap since June and the biggest jump in the deficit… Continue reading

Coming up: Trade gap and import prices

Coming up: Trade gap and import prices

WASHINGTON (MarketWatch) — The government will issue reports on the November trade deficit and December import prices at 8:30 a.m. Eastern. The deficit likely widened 3.0% to $44.8 billion in November from $43.5 billion in October, according to econom… Continue reading

Italy sells 4.75 bln euros of bonds, yield falls

Italy sells 4.75 bln euros of bonds, yield falls

FRANKFURT (MarketWatch) — Italy on Friday sold 4.75 billion euros ($6.1 billion) of government bonds, news reports said, meeting the top end of its target range of 3 billion to 4.75 billion euros. Italy sold 3 billion euros of a November 2014 bond at … Continue reading

ECB lending to Spanish banks jumps in December

ECB lending to Spanish banks jumps in December

FRANKFURT (MarketWatch) — Spanish banks sharply increased borrowing from the European Central Bank in December to 134.8 billion euros ($173.4 billion) from 106 billion euros in November, according to data released by the Bank of Spain on Friday. The f… Continue reading