Data released by the Institute for Supply Management in the U.S. reported the Manufacturing Purchasing Managers Index (PMI) came in at 52.6 Read More ISM Manufacturing Index Falls to 526
Posted in FX News | Tagged 526, falls, index, ism, manufacturing, to |
For want of a better direction today the dollar is advancing, spurred in part by comments from ECB top-dog, Trichet who made reference to currency volatility. Read More Equity market loss of momentum helps buoy dollar
Posted in FX News | Tagged buoy, dollar, equity, helps, loss, market, momentum, of |
Pending home sales surged 6.4% after rising 3.2% in July. Although, pending home sale are not based on contracts sealed, it measures the activity level between consumers and the market activity for home sales. Read More US August Pending Home Sales Surge 64 persen
Posted in FX News | Tagged 64, august, home, pending, sales, surge, us |
Optimism returned to markets today affecting negatively currencies like the yen and the dollar at the same time that emergent market currencies, like the Brazilian real, witnessed a rally today, as commodities climbed worldwide.(…)Read the rest of Commodities Push Brazil’s Real to One-Year High (59 words) Posted on Forex News. Read More Commodities Push Brazils Real to OneYear High
Posted in FX News | Tagged brazils, commodities, high, oneyear, push, real, to |
The Canadian dollar, one of the most dependent currency to stocks and commodities, climbed significantly today as optimism pushed the crude oil and gold rates up, suggesting that the global economy will improve demand for Canadian exports.(…)Read the rest of Canadian Dollar Roses Sharply on Commodities (70 words) Posted on Forex News. Read More Canadian Dollar Roses Sharply on Commodities
Posted in FX News | Tagged canadian, commodities, dollar, on, roses, sharply |
