Crude oil and gold prices appear likely to decline as returning risk aversion weighs on growth-geared assets and boosts the safe-haven US Dollar. Read More Crude Oil, Gold Under Pressure as Returning Risk Aversion Boosts Dollar
Posted in FX News | Tagged as, aversion, boosts, crude, dollar, gold, oil, pressure, returning, risk, under
Figures released on Sunday showed that Chinese Manufacturing PMI during December rose to 50.3 from 49.0, bringing the index back into expansion territory. However, new export orders remain in contraction territory for the third month in a row, as the European debt crisis continues to weigh on demand for Chinese Read More Manufacturing Data Boosts [...]
Posted in FX News | Tagged boosts, data, manufacturing, risk, sentiment
The euro raised its head today after the European Union summit showed that the European politicians have willingness to resolve the region’s problems. The summit provided some solid results, but the rally of euro wasn’t as big as one would expect.(…)Read the rest of EU Summit Boosts Euro, But Rally Isn’t Big (138 words) Posted on Forex News. Read More EU Summit Boosts Euro, But [...]
Posted in FX News | Tagged big, boosts, but, eu, euro, isnt, rally, summit
FXstreet.com (Barcelona) – Dollar strength witnessed in US and Asian sessions has faltered after… For more information, read our latest forex news. Read More Forex Dollar plunges as EFSF draft boosts optimism
Posted in FX News | Tagged as, boosts, dollar, draft, efsf, forex, optimism, plunges
Market jumped in favor of the USD after Bernanke’s speech was released in electronic form, though the initial move was pared aggressively. We did not hear any move towards more easing, which may disappoint equities, and therefore help the USD in some risk aversion trade. Read More Bernanke Boosts USD, No New Easing
Posted in FX News | Tagged bernanke, boosts, easing, new, no, usd
The report about the UK Services PMI showed an unexpected growth, bolstering the Great Britain pound, but it can’t be considered completely positive as the data showed an underlying weakness of Britain’s economy.(…)Read the rest of Services PMI Boosts Pound in Short-Term, Outlook Remains Negative (62 words) Posted on Forex News. Read More Services PMI Boosts Pound in ShortTerm, Outlook Remains Negative
Posted in FX News | Tagged boosts, in, negative, outlook, pmi, pound, remains, services, shortterm
The South Korean won rose today against the euro and gained versus the US dollar before retreating as the nation’s central bank lifted its main interest rate to rein the inflation.(…)Read the rest of South Korea’s Central Bank Raises Rates, Boosts Won (79 words) Posted on Forex News. Read More South Koreas Central Bank Raises Rates, Boosts Won
Posted in FX News | Tagged bank, boosts, central, koreas, raises, rates, south, won
The Great Britain pound jumped today as the inflation in Britain accelerated more than was anticipated, renewing talks about possible increase of the interest rates by the Bank of England.(…)Read the rest of UK Consumer Prices Boosts Interest Rates Outlook & Pound (160 words) Posted on Forex News. Read More UK Consumer Prices Boosts Interest Rates Outlook dan Pound
Posted in FX News | Tagged boosts, consumer, interest, outlook, pound, prices, rates, uk
Reluctance among equity investors to drive prices towards 2011 highs and further proof that underlying inflationary pressures are insufficient to rattle the Fed saw buying of treasuries in to the weekend. The rally for treasury prices comes a day after the weakest showing of demand at a 30-year auction in Read More Tame Inflation and [...]
Posted in FX News | Tagged a, and, boosts, dollar, global, inflation, longends, rising, tame
The Australian dollar gained today after the central bank raised its inflation forecast and signaled that it may perform an interest rates hike “at some point” in the future.(…)Read the rest of RBA Inflation Forecast Boosts Aussie (49 words) Posted on Forex News. Read More RBA Inflation Forecast Boosts Aussie
Posted in FX News | Tagged aussie, boosts, Forecast, inflation, rba
