Read More Light Crude 0630
Posted in FX News | Tagged 0630, crude, light |
The Canadian dollar today sank against its U.S. counterpart and weakened versus the euro on the concerns about the state of Europe’s economy and its banking system, causing the investors shun the higher-yielding stocks and commodities.(…)Read the rest of Concerns for Global Economic Growth Rise, Hurting Loonie (120 words) Posted on Forex News. Read More Concerns for Global Economic Growth Rise, Hurting Loonie
Posted in FX News | Tagged concerns, economic, for, global, growth, hurting, loonie, rise |
Recent forex market moves have led to a sharp advance in forex options market volatility expectations, making short-term forecasts especially difficult and warning of large US Dollar moves ahead. Shifts in FX Options risk reversals have been especially dramatic in fast-moving pairs such as the British Pound/US Dollar and US Dollar/Swiss Franc. Read More Forex [...]
Posted in FX News | Tagged dollar, euro, forex, markets, of, options, us, volatility, warn |
The Great Britain pound weakened today after the stocks dropped on the concern that the economic growth of China may slow, damping the demand for the currencies, considered being riskier.(…)Read the rest of Pound Falls as Concern for China’s Growth Spurs Risk Aversion (111 words) Posted on Forex News. Read More Pound Falls as Concern for Chinas Growth Spurs Risk Aversion
Posted in FX News | Tagged as, aversion, chinas, concern, falls, for, growth, pound, risk, spurs |
A short term EURUSD low may be in place at 12150. Expectations are for wave c to work higher, eventually exceeding 12490. Read More Euro Putting in Secondary Low
Posted in FX News | Tagged euro, in, low, putting, secondary |
The South Korean won slid today after the U.S. consumer sentiment slumped more than forecast, fueling doubts about the strength of the global economic recovery.(…)Read the rest of Korean Won Weakens as Economic Recovery Slows (62 words) Posted on Forex News. Read More Korean Won Weakens as Economic Recovery Slows
Posted in FX News | Tagged as, economic, korean, recovery, slows, weakens, won |
As manufacturing in the world’s largest economy is expected to expand at a slower pace in June, the data could weigh on the U.S. dollar as policy makers maintain a cautious outlook for the region. Read More EUR USD Trading the US ISM Manufacturing Report
Posted in FX News | Tagged eurusd, ism, manufacturing, report, the, trading, us |
The Thai baht rose today after it previously fell as the political turmoil drove away the investors and prompted them to take away the fund from the nation’s equities.(…)Read the rest of Thai Baht Rises, but Remains Under Pressure (68 words) Posted on Forex News. Read More Thai Baht Rises, but Remains Under Pressure
Posted in FX News | Tagged baht, but, pressure, remains, rises, thai, under |
U.K. consumer confidence fell to a six month low as the new government’s budget cuts dimmed the outlook for growth. The GBP/USD fell over a 100 pips as the disappointing sentiment metric reminded markets of the potential impact of the austerity measures. Read More Pound Looks to Reconnect with Risk As Emergency Budget Support Fades
Posted in FX News | Tagged as, budget, emergency, fades, looks, pound, reconnect, risk, support, to, with |
The euro strengthened today after the European Central Bank announced that it would lend the European banks less than was expected, fueling optimism for Europe’s fiscal system.(…)Read the rest of Euro Rises on Optimism for European Fiscal System (111 words) Posted on Forex News. Read More Euro Rises on Optimism for European Fiscal System
Posted in FX News | Tagged euro, european, fiscal, for, on, optimism, rises, system |
