It has been a quiet start to the week as much of Europe remains out on the Easter break, and only housing data decorates the economic calendar later this afternoon. However, the upcoming week does promise some key events which should compensate for the lack of volatility at present, and Read More The Week Ahead [...]
Posted in FX News | Tagged ahead, bears, crucial, for, prove, the, usd, week, will |
In what was sparse trading conditions, and lower liquidity as a result of European countries celebrating Easter Monday, we continued to see a move in favor of higher yielders and against the USD. The USD continued to drift lower against its rivals, though it did not move that far away from Read More Broad Dollar [...]
Posted in FX News | Tagged be, broad, continues, dollar, main, theme, to, weakness |
With most of Europe still out on holiday, spiking markets on thin volumes elsewhere suggest plenty of nervousness heading into this Wednesday’s FOMC meeting. What are the implications of the FOMC anticipation for this week’s action? Read More Market Nervously Eyes FOMC Midweek
Posted in FX News | Tagged eyes, fomc, market, midweek, nervously |
In the first of a series, captains of industry give their views of the Coalition’s progress in its first year in office . Read More Election 2010 battle for business, one year on so far, so good but theres still more to do
Posted in FX News | Tagged 2010, battle, business, but, do, election, far, for, good, more, on, one, so, still, theres, to, year |
New home sales in the US jumped 11.1% to 300,000 annualized units in March, beating market expectations for an increase to 280,000 units. While this represents a solid monthly gain, it follows the slowest pace of sales since recordkeeping began in 1963 at 270,000 annualized units in February (initially reported Read More US New Home [...]
Posted in FX News | Tagged expected, home, in, march, new, sales, stronger, than, us |
The waiting is nearly over. Gross Domestic Product for the ?rst quarter is announced on Wednesday – rarely has the data caused so much anticipation. Read More The painkillers are wearing off, for many the real recession starts now
Posted in FX News | Tagged are, for, many, now, off, painkillers, real, recession, starts, the, wearing |
Last week, the USD saw its worst week in 3 months, as the USD Index fell to its lowest level since the financial crisis of 2008. The main reasons for this USD weakness remains the Fed’s ultra-loose monetary policy, strong risk appetite for commodities which is boosting commodity currencies at Read More This Week in [...]
Posted in FX News | Tagged 1st, and, bernanke, fomc, gdp, in, meeting, quarter, the, this, us, usd, week |
Striking Chinese truck drivers have won concessions in their battle against rising costs that threatened to disrupt Shanghai, the world’s biggest port. Read More China strikers win concessions, as ugly protests underline inflation fears
Posted in FX News | Tagged as, china, concessions, fears, inflation, protests, strikers, ugly, underline, win |
The Bank of England has been accused by a leading economist of using “smoke and mirrors” to present its official forecasts for inflation. Read More Bank of England accused of smoke and mirrors on inflation
Posted in FX News | Tagged accused, and, bank, england, inflation, mirrors, of, on, smoke |
I have been using the Easter holiday to think about something different from my usual concerns – the state of economics itself. Read More Economics is far too important to be left in the care of academics
Posted in FX News | Tagged academics, be, care, economics, far, important, in, is, left, of, the, to, too |
