The Federal Reserve seems to think another go at the T-Bond market is the next and right step in its attempt to make the economy move faster than snail pace. Perhaps the Fed should look somewhere else though. The U.S. mortgage market needs attention so the transformation of lower yields Read More Dear FOMC, Dont [...]
Posted in FX News | Tagged clogged, dear, dont, financing, fomc, home, instead, solve, twist |
We’ve covered the FOMC extensively lately, with our Chief Economist Jakobsen weighing in yesterday and with follow up from our Macro Strategist Koefoed this morning. While the specifics of the FOMC are very interesting to consider, it is also extremely interesting to ponder what the fallout from the broadside from Read More FOMC Jitters But [...]
Posted in FX News | Tagged beyond, but, fomc, in, jitters, lets, look, road, the, too, twist |
The August consumer price report indicated greater than expected price pressure with inflation up 0.3% (UA) in the month and compared to expectations of a 0.1% rise. Similarly on a core basis, prices rose 0.4%, which compares to an expected increase of 0.2%. This resulted in the overall year-over-year rate Read More Canadas August Inflation [...]
Posted in FX News | Tagged august, canadas, expected, inflation, more, rises, than |
Existing home sales in the US jumped 7.7% in August to a six-month high of 5.03 million annualized units following the unrevised 3.5% decrease to 4.67 million in July. The increase in resale activity in August beat market expectations of a 1.7% increase in the pace of sales to an Read More US Existing Home [...]
Posted in FX News | Tagged are, august, but, by, existing, expected, falling, home, in, more, prices, rise, sales, still, than, us |
The pound was weaker in today’s session against its key rivals the euro, the dollar, and the yen following the release of BOE Meeting Minutes from the interest-rate decision from early September. That MPC voted 9-0 in favor of keeping rates at the record low of 0.5% at Read More GBP Continues to Feel the [...]
Posted in FX News | Tagged as, boe, continues, feel, gbp, minutes, more, point, pressure, qe, the, to |
The AUD/JPY remains in a downtrend with traders focused on the opportunities on the short side. A break of 77.75 is the next major level, but any move into resistance at 78.90 is also likely to be seen as sellable. We are now trading the new November … 38 Vote(s) Read More Market Insight Report [...]
Posted in FX News | Tagged 09212011, insight, market, report |
(Dow Jones via eFXnews) EUR/USD – to consolidate. Undermined by worries over euro-zone debt crisis: EU-IMF-ECB Troika announced mission to return to Athens next week to resume review. EUR/USD daily chart ….. 35 Vote(s) Read More EUR USD Daily Asia Outlook 09 21
Posted in FX News | Tagged 0921, asia, daily, eurusd, outlook |
AUD/USD is back trading near opening prices after dipping 45 pips in early Asian trade. The pair opened the session at 1.0275, then fell to 1.0230 where it encountered buying interest at those lows. At the time of writing, … 37 Vote(s) Read More AUD USD recovers, bounces from 10230
Posted in FX News | Tagged 10230, audusd, bounces, from, recovers |
(Dow Jones via eFXnews) USD/CHF – to consolidate. Supported by expectations of SNB’s CHF-selling intervention to maintain value of CHF at 1.2000 vs EUR (there was rumor in markets yesterday that SNB may lift EUR/CHF peg from 1.2000 to 1.2500, len 41 Vote(s) Read More USD CHF Daily Asia Outlook 09 21
Posted in FX News | Tagged 0921, asia, daily, outlook, usdchf |
By Forexpros on September 20, 2011 | More Posts By Forexpros | Author’s Website Forexpros The British Pound was lower against the Japanese Yen on Tuesday after the release of UK data on Nationwide Consumer Confidence. GBP/JPY was trading at 120.23, … 42 Vote(s) Read More GBP JPY Down On Economic Data
Posted in FX News | Tagged data, down, economic, gbpjpy, on |
