The Pound was surprisingly strong in overnight trading, paring earlier losses against the USD, and gaining strongly against the JPY and EUR. The Pound was already higher prior to a strong CBI Industrial Orders Expectations release a measure of manufacturing orders which came in at -3 for December Read More USD Gains vs Rivals, but [...]
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The sharply higher yields at the long end of the US yield curve are pushing the USD stronger a relatively rare phenomenon if we look at the post-global financial crisis environment. Generally since 2008, we’ve been trained to look for USD strength when interest rate spreads improve in favor Read More USD Resurgence to Persist
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The euro liked seeing Ireland make some effort, but then traders thought about it a bit. “Toughest budget on record?” How exactly might this impact the growth differential between eurozone and US? A bit ugly-looking for eurozone, to say the least. But in the US it is a different story. Second Read More Austerity Gets [...]
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The world in which investors took solace in lowly yields on account of sovereign debt crises in the Eurozone and fears over the health of global recovery has suddenly changed after agreement to keep tax cuts in place. The lifeline for tax cuts stemming from the era of President Bush Read More Global Bond Slide [...]
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FXstreet.com (Barcelona) – The British Pound failed to consolidate its gains above 1.5800 area… For more information, read our latest forex news. Read More Forex GBP USD softer, threatens 15700
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FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. Read More Japan Nov Eco Watchers Survey Current increase to 436 vs 402
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FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. Read More Japan Eco Watchers Survey Outlook rises to 414 in Nov from 411
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FXstreet.com (C?rdoba) – The index for current economic conditions in November rose by 3.4 points… For more information, read our latest forex news. Read More Japan Eco Watchers Survey Current Index rises to 436 points
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FXstreet.com (C?rdoba) – The Dollar-Yen cross has risen further in Asia amid speculation tensions… For more information, read our latest forex news. Read More Forex USD JPY advances on North Korea shelling
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