Sustained growth either boom nor bust remains the theme for this economy and has been our outlook now for some time. Real GDP rose at a 2.8 percent pace in the fourth quarter and is up 1.6 percent from a year ago. The gains in the fourth quarter Read More GDP Modest Growth Continues Sustained [...]
EUR/JPY is testing 100, while volatility in EUR/CHF has disappeared. It is pretty well immobilized between 1.2050 (the 1.2000 floor) and 1.2125. USD: As sentiment firms, USD is losing a bit of altitude. The DXY index remains above 80, but the early … 43 Vote(s) Read More UR Renaissance Continues
We are looking at a negative open for most equity markets throughout Asia, likely caused by the mixed data from the US and Europe overnight. The strong employment data out of the US managed to keep most equity markets in the country in the green but European markets were hit Read More Asia Open Europe [...]
FXstreet.com (California) – As a leading indicator of economic health, based on a survey of about… For more information, read our latest forex news. Read More China Manufacturing industry contraction continues in December
Holiday trading conditions remain in place as the year nears completion. Thin market conditions have yielded little volatility, putting the New Zealand Dollar on top while the U.S. Dollar lagged in the overnight on Wednesday. Read More Light Trading Continues Kiwi Tops Majors, US Dollar Lags
USD continues to advance as markets remain risk averse as European concerns elevate. The buck is also gaining on the back of technical momentum with the break of key levels across the major currencies and 11-months highs in the Dollar Index. Global equities are trading lower and UST yields continue Read More USD Upward Momentum [...]
Not much action on the day so far as risk appetite has waxed and waned rising a bit as the European trading session managed to shrug off overnight weakness in Asia but then finding resistance as EU peripheral debt spreads widened a bit from their tightest levels by later Read More EU Waiting Game Continues [...]
US dollar is heading higher on?the?Forex market, gaining as?traders look for?safe haven in?the?face of?more European troubles. This time, it’s a?credit rating cut for?Belgium. (…)Read the rest of US Dollar Gains as Europe Continues to Struggle (151 words) Posted on Forex News. Read More US Dollar Gains as Europe Continues to Struggle
Euro continues to?tumble in?Forex trading, dropping as?the?news out of?Europe continues to?disappoint traders everywhere. Yesterday, euro showed some spunk, but, once again, the?17-nation currency has been able to?hold on?to?any gains. (…)Read the rest of Euro Continues to Tumble (151 words) Posted on Forex News. Read More Euro Continues to Tumble
The Dow Jones FXCM Dollar Index (Ticker: USDollar) advanced for a second consecutive day as European headlines continue to weigh on risk. The index now looks for a break above daily resistance. . Will we get it? Read More US Dollar Rally Continues Index Eyes Key Resistance
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