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Should Traders Buy the Canadian Dollar with Yen?
Wednesday, May 25, 2011 - 11:33am | 161Nomura Holdings is recommending that investors buy the Canadian dollar against the yen, according to Bloomberg. The trade recommendation is based on the assumption that the Canadian Central Bank will continue to hike interest rates, while Japan's trade situation will worsen. So far this year, the...
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Recounting the Dollar's Woes
Tuesday, May 10, 2011 - 5:10pm | 372For several months now, traders have increasingly abandoned the U.S. dollar. While these trades have been profitable thus far, it could be time for a move in the opposite direction. In the past year, nearly everything has gone up against the U.S. dollar. The largest currency gainers against the...
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Complete Preparation for Panasonic's May 6 Earnings Announcement (PC)
Thursday, May 5, 2011 - 11:46am | 402Panasonic (NYSE: PC) is set to release its Q1 earnings report before the market open tomorrow, May 6th. Panasonic has been affected by a number of factors in recent months. On April 28th, Panasonic announced that it would layoff 17,000 workers. The layoffs will take place over the next two years...