Global equity indices moved lower as US tech stocks weighed on investor sentiment. Despite IBM and Intel Q1 earnings beating analyst expectations, investors were not impressed with the results and the ensuing sell-off contributed to the fall in US stock markets. The market looked like it had increased expectations of Read More Japans Trade Balance [...]
Posted in FX News | Tagged back, balance, deficit, in, is, japans, trade
It’s been an up and down week for sentiment in the financial markets. We started the week with very sharp risk aversion as a result of concerns around Spain and Italy and their rising yields, as there is continued concern that Spain will be unable to meet its debt obligations Read More Sentiment Shifts Back [...]
Posted in FX News | Tagged as, back, china, ends, europe, on, quotriskoffquot, sentiment, shifts, to, week
‘Today the problem is solved,” declared French President Nicolas Sarkozy just five weeks ago. “How happy I am a solution to the Greek crisis, which has weighed on the economic and financial situation in Europe and the world for months, has been found.” Read More Eurozone crisis roars back to savage Spain
Posted in FX News | Tagged back, crisis, eurozone, roars, savage, spain, to
Earlier euro pulled back on uncertainty about the Federal Reserve minutes, as well as concerns about Spanish debt. As Spanish bond yields rose, the euro dropped. However, things are turning around a little bit. After pulling back, the euro is now gaining against the US dollar. (…)Read the rest of Euro Recovers from Earlier Pull Back (143 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged back, earlier, euro, from, pull, recovers
FXstreet.com (Barcelona) – The GBP/USD had rallied to 1.6032 ahead of the London session, but… For more information, read our latest forex news. Read More Forex GBP USD back at 10 weekhighs, above 16000
Posted in FX News | Tagged 10, 16000, above, at, back, forex, gbpusd, weekhighs
The high beta Aussie continued to lose ground against the dollar on the back of softer than expected data and lower commodity prices. Overnight, the ?Bernanke effect? gave way to disappointing Q4 GDP data out of the UK and worse than expected orders for US durable goods in February. Read More Asia Session Local Data [...]
Posted in FX News | Tagged a, asia, back, data, global, local, risk, seat, sentiment, session, takes, to
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, … 5 Vote(s) Read More GBP USD back to daily lows
Posted in FX News | Tagged back, daily, gbpusd, lows, to
Earlier today, euro got a boost from what many saw as a successful Italian bond sale, as well as yesterday’s speech from Ben Bernanke opening the door for QE3 in the United States. However, the euro is pulling back right now as the situation changes a little bit. The OECD said that the eurozone needed a much larger firewall in order to contain the debt crisis. The result of this latest piece of news is that the euro [...]
Posted in FX News | Tagged about, as, back, euro, firewall, needs, oecd, pulls, talks
Japanese yen is pulling back in forex trading today, heading lower as risk appetite improves. Yen is lower against other majors today as optimism about the global economy, as well as improvement in Europe, boosts high beta currencies. (…)Read the rest of Japanese Yen Pulls Back on Higher Risk Appetite (139 words) Posted on Forex News. Read More Japanese Yen Pulls Back [...]
Posted in FX News | Tagged appetite, back, higher, japanese, on, pulls, risk, yen
PMI’s in Europe and China along with weak growth data for New Zealand have gripped the markets and dominated price action so far today. The HSBC reading of Chinese CPI for March fell to 48.1 from 49.6 in February. This disappointed the markets as some had been looking for a Read More Fundamentals Are Back [...]
Posted in FX News | Tagged are, back, fashion, fundamentals, in
