Economic activity in the U.K. is expected to expand at a faster pace in the third-quarter, and a positive GDP report should prop up the British Pound as it encourages an improved outlook for the region. Read More GBP USD Trading the Advance 3Q UK GDP Report
The Australian Dollar was the best performing major currency on the week against the U.S. Dollar, posting a 3.12 percent amid the flurry of buying across all asset classes. Read More RBA Rate Decision Could Buck Aussiedan146s Rapid Advance
However, heightening price pressures paired with the slowdown in wage growth may drag on economic activity, and a dismal GDP report could weigh on the exchange rate as market participants raise bets for QE3. In turn, the EUR/USD may extend the rebound … 36 Vote(s) Read More EUR USD Trading The Advance 3Q US GDP [...]
It has a downward risk to their interest-rate track and interest rates in the short end should fall on this, which should weigh on the kiwi dollar. The Dollar Index, which IntercontinentalExchange Inc. uses to track the greenback against peers … 31 Vote(s) Read More Euro Snaps FiveDay Advance Versus Yen Before Confidence Data
The Canadian dollar erased its previous losses today as the global equities rallied, easing concerns for the world economy and improving prospects for growth-related currencies.(…)Read the rest of CAD Regains Strength as Stocks Advance (190 words) Posted on Forex News. Read More CAD Regains Strength as Stocks Advance
The Dow Jones FXCM Dollar Index (Ticker: USDollar) suddenly reversed as developments out of the EU and a strong rebound in risk weighed on the reserve currency. As it stands, markets may have put in an interim bottom here. Read More US Dollar Pares Advance as Late Day Rally Supports Risk Index Heavy
FXstreet.com (Barcelona) – Asian markets are rallying on Friday, following strong performances in… For more information, read our latest forex news. Read More Asian markets advance after Central Banks liquidity action
Treasuries are looking tired after repeatedly targeting fresh lows repeatedly for the year, while European debt markets appear to be also limping towards the finish line. Weakness in equity markets has so far failed to inspire bond traders at the start of a rather quiet week. Read More Yields Struggle to Advance as Equities Soften
Dollar bulls have found themselves vindicated – whether their support for the currency has come recently or was in place for the long haul. Through Friday’s close, the EURUSD put in for a second dramatic decline (the biggest back-to-back drop in years) and closed out the worst week since the very start of the year. [...]
FXstreet.com (Barcelona) – Asian markets advanced on Friday on investors confidence about global… For more information, read our latest forex news. Read More Asian markets advance on upbeat US employment Euro, strong
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