In the upcoming Asian session we will get the release of the Australian CPI data for the first quarter. We had a prelude, the curtain opener, to that report in Monday’s mornings Asian session as producer prices in Australia fell 0.3% in the first quarter, a reading that was a Read More AUD Preview CPI [...]
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Overnight stock markets are overall lower led by Spanish stocks which slipped on concerns about the health of the country’s banking sector. The Dow Index slumped 82 points to close at 13,032.7 while the S&P 500 skidded 5.64 points to finish at 1,385.14. Read More Overnight Stocks Finish Near Lows After Concerning Spanish Banking Data
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The EUR/USD found resistance at the descending trend line of the recent bearish wave around 1.3150 area; the pair is attempting to the downside again now trading around 1.3128. Stochastic looks like topping within overbought area, thus we expect … 41 Vote(s) Read More Euro holds gains after housing data
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By Forexpros | Forex News | Apr 17, 2012 02:14PM GMT | Add a Comment Forexpros – The euro turned lower against the US dollar on Tuesday, pulling away from a two-day high as the release of mixed US economic data hit market sentiment, spurring demand for … 40 Vote(s) Read More EUR USD gives [...]
Posted in FX News | Tagged after, data, eurusd, gains, gives, mixed, up, us
FXstreet.com (San Francisco) – AUD/USD continues to hold steady below the recent 7-day high around… For more information, read our latest forex news. Read More Forex AUD USD investors sidelined ahead of key China data
Posted in FX News | Tagged ahead, audusd, china, data, forex, investors, key, of, sidelined
Price action has been muted as most markets are closed in observance of the Easter holiday. The dollar is trading slightly softer against its major counterparts except against the yen. The dollar index is lower today but remains above the pivotal 80 level and top of the daily ichimoku cloud. Read More Markets Quiet in [...]
Posted in FX News | Tagged ahead, data, holiday, in, jobs, markets, of, quiet, trading
UK pound is paring earlier losses against the US dollar right now, thanks to positive data in the United States, and a return to some level of risk appetite. Manufacturing improved more than expected, and US stocks are gaining right now, lending support to the sterling. (…)Read the rest of UK Pound Paring Earlier Losses on US Data (130 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged data, earlier, losses, on, paring, pound, uk, us
FXstreet.com (Barcelona) – The greenback has advanced 0.20% against the Canadian dollar, partially… For more information, read our latest forex news. Read More Forex USD CAD rises 020 persen ahead of data and FOMC
Posted in FX News | Tagged 020, ahead, and, data, fomc, forex, of, rises, usdcad
This event laden week started out with a bang. China’s official manufacturing PMI released over the weekend printed at 53.1 vs. 50.8, significantly outpacing consensus opinion. The number provided markets a sense of relief as there has been lingering concerns over the prospect of a hard landing. Read More On Balance Eurozone Data Is Negative
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By Forexpros | Forex News | Apr 02, 2012 11:46AM GMT | Add a Comment Forexpros – The euro was trading in a narrow range against the US dollar on Monday, following the release of weak euro zone employment data, as investors looked ahead to the release … 37 Vote(s) Read More EUR USD treads [...]
Posted in FX News | Tagged ahead, data, eurusd, of, treads, us, water