Given how late I am writing this, no doubt you all can plainly see that it was quite the effort to drag myself off the couch this morning and wander into the office. But, here I am. As mentioned yesterday talking about this market in the very near term is an Read More My Global [...]
Posted in FX News | Tagged 2012, global, macro, my, on, take |
The euro was sold yet again overnight against the dollar, yen, Swiss franc, and Canadian dollar as Italy auctions off another round of debt this time slightly higher maturities that my we had seen yesterday. The auction was mixed with Italy not meeting the upper range of its target Read More Italian Debt Auction Mixed, [...]
Posted in FX News | Tagged auction, data, debt, euro, italian, lending, mixed, weak |
New EURUSD Lows: Italian Auction or eEnd of Month/Year Fixing? After several days of catatonic market "action", volatility perked up yesterday and today with the Italian bond auctions and probably also due to an early start to end of month/year fixing flows in thin markets. The Italian bond auctions today failed Read More New EURUSD [...]
Posted in FX News | Tagged auction, eend, eurusd, fixing, italian, lows, monthyear, new, of, or |
Initial unemployment insurance claims rose 15,000 to 381,000 in the week ending December 24 from a 366,000 reading (initially reported as 364,000) the previous week. The level of claims was above market expectations for an increase to 375,000. Despite the larger-than-expected increase, the four-week moving average of initial claims declined Read More US Initial Jobless [...]
Posted in FX News | Tagged 000, 15, 381, by, claims, initial, jobless, last, rose, to, us, week |
In a leading indicator the Chicago PMI came in stronger-than-expected for the December period. The index posted a reading of 62.5, basically matching November 62.6 and much stronger than the forecast of a 60.4 print which would have meant a slower expansion of activity. Read More Chicago PMI, Pending Home Sales Show Continued Momentum in [...]
Posted in FX News | Tagged chicago, continued, economy, home, in, momentum, pending, pmi, sales, show, us |
Source: SocGen Enlarge For more information, read our latest forex… For more information, read our latest forex news. Read More Forex Flash Fed turns more dovish in 2012 SocGen
Posted in FX News | Tagged 2012, dovish, fed, flash, forex, in, more, socgen, turns |
Holiday trading conditions remain in place as the year nears completion. Thin market conditions have yielded little volatility, putting the New Zealand Dollar on top while the U.S. Dollar lagged in the overnight on Wednesday. Read More Light Trading Continues Kiwi Tops Majors, US Dollar Lags
Posted in FX News | Tagged continues, dollar, kiwi, lags, light, majors, tops, trading, us |
FXstreet.com (Barcelona) – The USD/SGD is currently retreating at 1.3010 bids from day and weekly… For more information, read our latest forex news. Read More Forex USD SGD higher in Asia above 13000
Posted in FX News | Tagged 13000, above, asia, forex, higher, in, usdsgd |
Market sentiment picked up on Wednesday amid easing finance costs in Europe, but the rise in risk appetite could be short-lived as the fundamental outlook for the global economy turns increasingly weak. Read More Euro Strength To Be ShortLived, Sterling Eyes 15400
Posted in FX News | Tagged 15400, be, euro, eyes, shortlived, sterling, strength, to |
FXstreet.com (California) – USD/INR operated between 52.85 and 53.44 on Wednesday, ending trade at… For more information, read our latest forex news. Read More Forex USD INR steady around 5305
Posted in FX News | Tagged 5305, around, forex, steady, usdinr |
