New home sales unexpectedly decreased by 1.6% to 313,000 annualized units in February 2012 (expectations were for a 1.3% increase), which was the second consecutive monthly decline following January’s downwardly revised 5.4% drop to 318,000. January’s level was previously reported as 321,000. Read More US New Home Sales Unexpectedly Fell in February by a Moderate [...]
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According to the recent crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles changed direction and rose by 1.5 million barrels. Propane stockpiles also rose for the first time in nineteen weeks. 28 Vote(s) Read More Oil Stockpiles Rose by 15 M Bbl March 21
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FXstreet.com (Barcelona) – During a speech recorded for the Independent Community Bankers of… For more information, read our latest forex news. Read More Bernanke Small banks should not be overly affected by new financial regulations
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U.S. Dollar Trading (USD) a lot was happening on Friday although the initial enthusiasm for the Greece success failed to push US stocks significantly higher and even strong Jobs numbers failed to inspire fresh risk taking. The USD was able to strengthen significantly however with many speculating the US monetary Read More US Jobs Data [...]
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The Australian dollar was rising in the first half of the week, reversed its decline in the second half, but wasn’t able to completely erase its losses and ended the week with closing price being below the opening level. 22 Vote(s) Read More Weekly Losses AUD Caused by Bad Fundamentals in Australia
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Hopes that Europe is on the road to recovery were undermined as poor data from Spain and Italy helped send stock markets lower. Read More European recovery rocked by poor economic data in Spain and Italy
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Natural gas spot price remained nearly unchanged during last week, after they had rallied a week earlier. The extraction of natural gas from storage continues to rise, but at the current rate it seems the storage levels will continue to be much h 30 Vote(s) Read More Natural Gas Storage Fell by 166 Bcf Last [...]
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A broad-based dollar sell-off boosted the euro above key resistance as a rally in risk took root in North American trade. Here are the key levels to watch on EURUSD and USDCAD. Read More Euro Clears Key 133Figure, CAD Strength Curbed by BoC
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The greenback bounced back during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 9,829, and the reserve currency may appreciate further in the week ahead as the developments coming out of the world’s largest economy dampens the scope for additional monetary easing. Read More USD Index Clouded [...]
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Forex USD JPY trims losses helped by MoF comments
FXstreet.com (C?rdoba) – The Dollar fell to a 3-week low of 81.89 against the Yen at the beginning… For more information, read our latest forex news. Read More Forex USD JPY trims losses helped by MoF comments
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