Asian Markets are set to fall after U.S. stocks retreated, following a two-day advance for the Standard & Poor?s 500 Index, amid concern European officials were failing to make progress in taming the debt crisis and as financial companies tumbled. Read More Stocks Fall As Concerns Over Euro Debt Signals Selloff
Posted in FX News | Tagged as, concerns, debt, euro, fall, over, selloff, signals, stocks
Whether we look at the Dow Jones FXCM Dollar Index or the EURUSD, the greenback ended this past week virtually unchanged. On a larger scale, this performance isn’t necessarily discouraging as the currency is riding off the bullish performance it managed to forge through November – and against a much more buoyant S&P 500. Read [...]
Posted in FX News | Tagged can146t, crisis, dollar, fall, fires, into, peace, smoldering, with, yearend
This time last year the prospect of Italy being sucked into the debt crisis was a remote possibility but one the markets weren’t really focussed on. 10-year bond yields were below 4%, and although Italy had a high debt to GDP ratio, it had lived with high debt levels for Read More Which Domino is [...]
Posted in FX News | Tagged domino, fall, is, next, to, which
Want can we take away from the statement? Clearly Evans’ dissent is interesting given the growing support for further monetary accommodation in order to stimulate the economy. Despite this dissent, however, the Fed acknowledged that the economy has strengthened somewhat in third quarter with higher consumer spending they maintain a Read More FOMC Significant Downside, [...]
Posted in FX News | Tagged dissents, downside, evans, fall, fomc, significant, stocks
Watch: Derek Halpenny, European head of foreign exchange at Bank of Tokyo-Mitsubishi UFJ Ltd., talks about his forecast for the euro over the next six months. 29 Vote(s) Read More Euro to Fall to 125 Over 6 Months video
Posted in FX News | Tagged 125, 6, euro, fall, months, over, to, video
Australian producer prices fell from its recent Q2 peak as raw materials costs declined sharply as the global recovery slowed. However, the Australian dollar and major risk currencies gained against the US dollar as risk appetite climbed higher in early Asian trading on hopes for the EU to resolve its debt crisis by Wednesday. Read [...]
Posted in FX News | Tagged as, australian, by, carried, dollar, fall, from, peak, prices, producer, q2, sentiment
Australia’s dollar gained for a second day after a government report showed the jobless rate fell. The euro weakened 0.4 percent to 106.12 yen at 9:26 am London time, after rising to 107.05 yen yesterday, the highest since Sept. 9. … 5 Vote(s) Read More Euro Depreciates From FiveWeek High Against Yen as Regional Stocks [...]
Posted in FX News | Tagged against, as, depreciates, euro, fall, fiveweek, from, high, regional, stocks, yen
The final estimate of annualized U.S. second-quarter 2011 GDP growth was revised back up to 1.3% from 1.0% in the second estimate and equal to the 1.3% first estimate. The upward revision in the third estimate was slightly larger than market expectations for an upward revision to 1.2%. As well, Read More US SecondQuarter 2011 [...]
Posted in FX News | Tagged 2011, claims, fall, gdp, growth, higher, in, initial, latest, revised, secondquarter, the, us, week
Britain’s manufacturers reported falling order books for September in a further sign that the outlook for UK growth is weakening. Read More UK growth fears rise as manufacturers order books fall
Posted in FX News | Tagged as, books, fall, fears, growth, manufacturers, order, rise, uk
Business Bullet: Apple forces Samsung to pull it’s Galaxy Tab. Read More Business Bullet Shares and oil fall, service sector woes, Samsung v Apple
Posted in FX News | Tagged and, apple, bullet, business, fall, oil, samsung, sector, service, shares, v, woes
