The troubles for the UK economy continue as we had quite soft manufacturing data released overnight. Manufacturing production fell 0.3% in August, following a slide of 0.2% in July. That jives with the 49.4 reading from the manufacturing PMI we saw in August, though that index turned back into positive Read More UK Data Soft, [...]
Posted in FX News | Tagged commodity, conditions, currencies, data, for, further, gbp, slide, soft, to, uk, vs |
USD rebounding after yesterday’s sell-off. The Dollar Index looks to have found support around the daily Kijun line. USD is stronger against all of the G10 today except the JPY as markets scale back risk appetite ahead of today’s Slovakia vote. Sentiment was further weighed as Trichet warned that the Read More Markets Scale Back [...]
Posted in FX News | Tagged ahead, appetite, back, efsf, markets, of, risk, scale, slovakia, vote |
Canadian housing starts rose a stronger than expected 7.3% to 205,900 annualized units in September from the upwardly revised 191,900 units in August (initially reported as 184,600). Market expectations were for a more moderate 2.7% increase to 189,500. The gain in September partially reverses the unexpectedly large 10.2% drop in Read More Canadian Housing Starts [...]
Posted in FX News | Tagged canadian, expected, housing, in, september, starts, stronger, than, were |
The Euro is slipping today as a risk-off tone threatens to cut into the single currency’s strong gains from Monday. The market’s focus is on several stories, including jitters over Slovakia’s vote on the EFSF, comments from ECB Trichet, as well as some contradictory signals from euro-zone policymakers. Overall, the Read More EUR Softens on [...]
Posted in FX News | Tagged debt, eur, expectation, greek, larger, of, on, slovakia, softens, trichet, writedowns |
A few reasons cropping up not to love the Euro today as Slovakia plays political games, but it would take far more EURUSD downside to reverse yesterday’s vicious bear squeeze. A slow erosion of yesterday’s blowout move for much of the day today as the world watches more political antics Read More Market Picking Up [...]
Posted in FX News | Tagged after, blowout, market, move, picking, pieces, the, up, yesterdays |
Asia has become one of the fastest growing markets worldwide, enjoying fat profits with a yearly trade volume of &24 billion (nearly 3.1 million NZD). The cooperative societies owned by the farmers are trying to produce products with high added value, … 32 Vote(s) Read More NZ Milk Products will develop infantile products
Posted in FX News | Tagged develop, infantile, milk, nz, products, will |
… emergence of China so he’s happy to be heavily weighted into the AUD and other Asian currencies. The CHF and the JPY are a neutral play in his book and he will hold one or the other to varying degrees depending on the levels they are trading at. … 37 Vote(s) Read More Portfolio [...]
Posted in FX News | Tagged and, asian, aud, chf, currencies, like, players, portfolio, still |
The AUD was under pressure as the RBA was dovish on the global turmoil and noted the next Interest rate move would come from Q3 inflation data. The central bank of Australia held at 4.75%. The AUD/USD did well in the ‘risk on’ rally trade later in the … 37 Vote(s) Read More EURO Rebounds, [...]
Posted in FX News | Tagged euro, good, jobs, rebounds, us |
The content of this field will not be shown publicly. essenza: a month ago, when i was queing in one of our local bank, a certain rich old lady buying AUD in cash, a lot… Sean: seeing not much is going on right now. What do you do on your downtime … 34 Vote(s) Read [...]
Posted in FX News | Tagged and, bcc, conditions, decline, domestic, economy, export, poll, poor, showing, uk |
It is natural gas fundamental analysis for October 11, 2011. 32 Vote(s) Read More Natural Gas Outlook for 10 11 2011
Posted in FX News | Tagged 10112011, for, gas, natural, outlook |
