Lloyds Banking Group will hold its annual shareholder meeting in Edinburgh on Thursday. Read More Week ahead in business and economics May 14 May 18
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According to the National Bureau of Statistics China, consumer inflation moderated last month even in spite of a recent rise in food prices, which could provide the Chinese government with a little breathing room for more easing. That would help 37 Vote(s) Read More Data Supports and Underscores Need for China Policy Easing
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Supermarket chain Sainsbury reports annual profits, while Prudential and HSBC update the market on trading, and the Bank of England releases its interest rate and QE decision. Read More The week ahead in business and economics May 811
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Swiss Consumer Price Index comes in at 0.1% for the month of April; sends USD/CHF slightly higher…. Read More Swiss Franc Stumbles Following Mix of High Employment and Low Inflation
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The news, for better or worse, was out of the US this week. The NFP rose much less than expected, adding just 115,000 jobs in April. This was well below expectations for 170,000 . The unemployment rate slipped to 8.1 percent. The lowest reading s 29 Vote(s) Read More Fundamental Analysis and the Week Ahead [...]
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The Non-Farm Payroll data came out 115K, disappointing a 173K forecast which the market has been scaling back throughout the week. March data was revised from 120K to 154K. Although the data came out very weak, the market seems to have been prepared for this disappointment, and the reaction in Read More US NonFarm Payroll [...]
Posted in FX News | Tagged and, aud, directionless, disappoints, gains, jpy, nonfarm, payroll, slides, us, usd
Euro is slipping right now, following the latest data that promotes the idea that global economic uncertainty remains. Concerns about the eurozone economy are affecting the euro, but the 17-nation currency was showing resilience — until the latest economic news out of the United States. Earlier risk appetite due to cautious optimism is transforming in to risk aversion, and the euro is giving up its earlier gains against [...]
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FXstreet.com (Barcelona) – The greenback has accumulated a daily loss of 0.08% against the swissie… For more information, read our latest forex news. Read More Forex USD CHF barely changed after ISM and construction in the US
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FXstreet.com (Barcelona) – The greenback slid 0.16% against the loonie despite the announcement of… For more information, read our latest forex news. Read More Forex USD CAD falls 016 persen despite ISM and construction
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The growing gulf between France and Germany was underlined as the eurozone’s two biggest economies clashed over tackling the debt crisis. Read More Frances Francois Hollande and Germanys Angela Merkel clash over euro austerity pact
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