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AUD/USD
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Recent Posts
Analysis
The Business podcast: Lord Myners, a European IMF, and the Red Knights On the latest edition of The Business , Aditya Chakrabortty speaks to Lord Myners about the City minister’s attack on the ‘lazy and complacent’ bankers who, he says, still haven’t learned the lessons of the credit crunch. Also in the podcast, Tom Clark and Larry Elliott analyse the pros and cons of Germany’s plan to introduce an International Monetary Fund for the eurozone .
News
In Kansas City, school’s out | Sasha Abramsky The closure of almost half of Kansas City’s schools shows what can happen when the wealthy opt out, and services suffer Twenty-nine out of 61 Kansas City, Missouri, schools will soon be shuttered in a desperate bid by the struggling school district to stave off bankruptcy. At the same time, close to one-quarter of the city’s school employees will lose their jobs
Point Of View
Stress Test results for the top 19 Banks in the USA The stress tests were conducted to determine how well, if at all, the top 19 banks in the USA could withstand further or future economic hardship.
When the tests were completed, regulators within the Treasury and inside the Federal Reserve began bickering with each other as to whether or not the test results should be made [...]
Education
Fibonacci Numbers Fibonacci Numbers
You may have heard the terms “Fibonacci” and “Fibonacci Numbers” — what do they mean and how are they incorporated into trading indicators? First things first, what (more specifically, who) is Fibonacci? Leonardo Pisano (a.k.a. Fibonacci) was a 12th-century, Italian mathematician that developed a sequence of numbers where each successive number is the sum [...]
