Euro is heading higher today, ready to?lock in?a?weekly gain. After a?bit of?a?choppy beginning to?the?week, euro is ready to?go out with gains, ending two weeks of?losses against the?US dollar. (…)Read the rest of Euro Ready to Lock In Weekly Gain (164 words) Posted on Forex News. Read More Euro Ready to Lock In Weekly Gain
Posted in FX News | Tagged euro, gain, in, lock, ready, to, weekly |
The Canadian dollar has been struggling this past week, experiencing difficulties as economic data has been in doubt. Additionally, the loonie was briefly used as a funding currency for carry trades with the Aussie and the kiwi. Now, though, things are changing a bit. (…)Read the rest of Canadian Jobs Data Gives Loonie a Boost (151 words) Posted on Forex News. Read More Canadian Jobs Data [...]
Posted in FX News | Tagged a, boost, canadian, data, gives, jobs, loonie |
The US non-farm payrolls grew almost two times of the forecast value, supporting the optimistic outlook for the US employment caused by the ADP report earlier this week. The US dollar fell after the payrolls were released, but currently regained its strength.(…)Read the rest of USD Falls After Non-Farm Payrolls, Rebounds (85 words) Posted on Forex News. Read More USD Falls After NonFarm Payrolls, Rebounds
Posted in FX News | Tagged after, falls, nonfarm, payrolls, rebounds, usd |
The US non-farm payrolls grew almost two times of the forecast value, supporting the optimistic outlook for the US employment caused by the ADP report earlier this week. The US dollar fell after the payrolls were released, but currently regained its strength.(…)Read the rest of USD Falls After Non-Farm Payrolls, Rebounds (85 words) Posted on Forex News. Read More USD Falls After NonFarm Payrolls, Rebounds
Posted in FX News | Tagged after, falls, nonfarm, payrolls, rebounds, usd |
The euro erased its gains versus most major currencies today as Fitch Rating downgraded credit ratings of Italy and Spain, reminding traders that the story of debt problems in Europe is far from over.(…)Read the rest of Good Week for Euro Spoiled by Credit Rating Cuts (141 words) Posted on Forex News. Read More Good Week for Euro Spoiled by Credit Rating [...]
Posted in FX News | Tagged by, credit, cuts, euro, for, good, rating, spoiled, week |
The euro erased its gains versus most major currencies today as Fitch Rating downgraded credit ratings of Italy and Spain, reminding traders that the story of debt problems in Europe is far from over.(…)Read the rest of Good Week for Euro Spoiled by Credit Rating Cuts (141 words) Posted on Forex News. Read More Good Week for Euro Spoiled by Credit Rating [...]
Posted in FX News | Tagged by, credit, cuts, euro, for, good, rating, spoiled, week |
The Great Britain pound was falling this week before the Bank of England announced its decision to expand bond purchasing program, brightening the grim outlook for Britain’s economy.(…)Read the rest of Sterling Rescued by BoE Statement, Future Remains Unclear (124 words) Posted on Forex News. Read More Sterling Rescued by BoE Statement, Future Remains Unclear
Posted in FX News | Tagged boe, by, future, remains, rescued, statement, sterling, unclear |
Read More Gold Looks to Fed Reserve Meeting Minutes to Guide Price Action
Posted in FX News | Tagged action, fed, gold, guide, looks, meeting, minutes, price, reserve, to |
The market’s favorite economic indicator was on deck Friday; but neither market participants nor the financial media were expecting much in the way of influence from the September NFPs. Read More European Downgrades Carry More Weight than NFPs for EURUSD Trend
Posted in FX News | Tagged carry, downgrades, european, eurusd, for, more, nfps, than, trend, weight |
The risk aversion drive that has swelled since July eased significantly this past week; and the net effect on the safe haven US dollar was substantial. The greenback is not the typical safety asset. Rather, the benchmark requires a near-extreme level of fear to leverage its universal appeal: liquidity. Read More US Dollar Looks to [...]
Posted in FX News | Tagged deepening, dollar, financial, for, guidance, looks, to, troubles, us |
