Although the outlook for the Euro does not look good at this point, we would highlight that the market still has been unable to put in a daily close below 1.3000… Read More Euro Under Pressure But Still Waiting for Daily Close Below 13000
Posted in FX News | Tagged 13000, below, but, close, daily, euro, for, pressure, still, under, waiting
FXstreet.com (San Francisco) – AUD/USD is consolidating overnight losses in Asia, now trading with… For more information, read our latest forex news. Read More Forex Test of parity in sight for AUD USD
Posted in FX News | Tagged audusd, for, forex, in, of, parity, sight, test
According to the Australian Bureau of Statistics (ABS), Australia has had a positive trade balance for 10 straight months until the March 2012 release for January’s trade data. It has since deteriorated further in February and in March. The importance of this release is its revelation of shrinking exports after Read More Australias Trade Deficit [...]
Posted in FX News | Tagged 3rd, a, audusd, australias, deficit, for, in, march, month, on, straight, trade, weighing, widened
For today, we get AU Building Approvals, Business Confidence and Retail Sales. There are no NZ data releases today. Expect moves in the NZD/USD to be driven by global risk appetite, especially by developments in sentiment regarding French and Greek … 33 Vote(s) Read More Appetite drops for risky NZD
Posted in FX News | Tagged appetite, drops, for, nzd, risky
The NZD/USD pair has been treading water in the 0.81 area for several weeks now, but this past week saw the pair finally breakout of the range. The 0.80 level has even given way, and this will be a point of great concern for the bulls. The Kiw 27 Vote(s) Read More NZD USD Forecast [...]
Posted in FX News | Tagged 2012, 7, anal, for, Forecast, may, nzdusd, of, Technical, the, week
The EUR/USD pair fell hard for the week as the markets reacted to poor job numbers in the United States on Friday. The pair also has to think about elections in France and Greece as well, and the reaction of the markets will be telling over the n 24 Vote(s) Read More EUR USD Forecast [...]
Posted in FX News | Tagged 2012, 7, anal, eurusd, for, Forecast, may, of, Technical, the, week
Pessimists will see today’s number as a clear signal that US growth is slowing, and some will even see it as signs of a renewed downturn. However, the pace of job growth with revisions is actually more consistent with the growth we’re seeing in the economy. Given economic growth of Read More US Job Growth [...]
Posted in FX News | Tagged april, disappoints, for, growth, in, job, month, second, straight, the, us
Sir Mervyn King has come under increasing pressure to launch an official review of the Bank of England’s handling of the financial crisis amid accusations that he has “rewritten history” to suit the institution. Read More Sir Mervyn Kings revisionist view of BoE role in financial crisis creates pressure for offical review
Posted in FX News | Tagged boe, creates, crisis, financial, for, in, kings, mervyn, of, offical, pressure, review, revisionist, role, sir, view
Mario Draghi has called for eurozone leaders to agree labour and structural reforms that are binding – “not unlike” the fiscal pact. Read More ECB president Mario Draghi calls for binding growth pact
Posted in FX News | Tagged binding, calls, draghi, ecb, for, growth, mario, pact, president
South Korean won climbed today, along with other Asian currencies, as signs of the economic growth in China and the United States improved outlook for exports of the Asian nation.(…)Read the rest of Won Climbs on Improving Outlook for South Korean Exports (58 words) Posted on Forex News. Read More Won Climbs on Improving Outlook for South Korean Exports
Posted in FX News | Tagged climbs, exports, for, improving, korean, on, outlook, south, won