The dollar appears weaker on the last day of 2010 as risk aversion is low, trading is thin and moves are exaggerated. On Thursday data showed Jobless claims surprisingly fell and pending home sales rose in November revealing a healing US economy. Good data spurs investors’ risk appetite who seek Read More Heightened Risk Appetite [...]
Posted in FX News | Tagged 2011, appetite, before, euro, heightened, hours, lifts, risk |
It’s been an extremely quiet end to the year, as expected. Most European equity markets are either closed or are closing early; hence stocks have moved only a fraction. It looks as though the FTSE 100 won’t finish the year above 6,000 as some may have thought. It is trading Read More London Session 2010 [...]
Posted in FX News | Tagged 2010, 2011, fades, into, london, session |
A call to unity from German Chancellor Angela Merkel in a New Year speech to her nation is helping drive the single European currency higher as 2010 draws to a close. Still, the dollar will end the year higher versus the euro having taken advantage of ongoing sovereign debt crises Read More Merkels Call to [...]
Posted in FX News | Tagged action, at, boosts, call, end, euro, merkels, the, to, year |
Trading has all but dried-up as all but the die-hard investors leave their desks for New Year celebrations. The year has been characterized by two extremes: Fears that the European sovereign debt crisis would drag down the global economy in to a second-wave of recession were soothed as the U.S. Read More Treasuries Turn Sour [...]
Posted in FX News | Tagged after, positive, sour, start, treasuries, turn |
Home sales in the US rose faster than expected in November, representing the latest piece of data to beat expectations and raise hopes that the American recovery is gaining traction. Read More US economy ending year on a high note
Posted in FX News | Tagged a, economy, ending, high, note, on, us, year |
FXstreet.com (Barcelona) – Despite remaining within a tight range seen over the past few days, the… For more information, read our latest forex news. Read More Forex USD CAD consolidates under parity
Posted in FX News | Tagged consolidates, forex, parity, under, usdcad |
Business leaders have predicted “bumpy times ahead” for British companies in the new year, but said opportunities for growth will be there for the taking. Read More Growth opportunities there for the taking in 2011, says CBI
Posted in FX News | Tagged 2011, cbi, for, growth, in, opportunities, says, taking, the, there |
FXstreet.com (Barcelona) – Despite easing off earlier highs just above the 1.5500, the GBP/USD… For more information, read our latest forex news. Read More Forex GBP USD jumps to 15525
Posted in FX News | Tagged 15525, forex, gbpusd, jumps, to |
House prices rose in December for the first time since May, providing reassurance that the fall in Britain’s property market may not be as dramatic as in 2008. Read More UK house prices rise for first time since May
Posted in FX News | Tagged first, for, house, may, prices, rise, since, time, uk |
FXstreet.com (Barcelona) – The EUR/USD eased off an Asian high of 1.3388 over the European morning,… For more information, read our latest forex news. Read More Forex EUR USD inching towards 13380
Posted in FX News | Tagged 13380, eurusd, forex, inching, towards |
