While the Canadian economy kicked off the year on a softer note, we expect it to gain some momentum in the coming months. Due largely to the progress made in containing the European debt crisis and an uptick U.S. economic activity, we have upgraded our economic outlook. We now expect Read More Canadian GDP Loses [...]
Posted in FX News | Tagged canadian, gdp, in, january, loses, some, steam
NZD/USD tumbled below its recent lows at 0.8115 after New Zealand released poor economic growth data for the last quarter of 2011, with the number falling to +0.3% vs 0.6% expected, thus the selling stampede towards 0.8098, … 43 Vote(s) Read More NZD USD hammered post New Zealand GDP
Posted in FX News | Tagged gdp, hammered, new, nzdusd, post, zealand
The euro remained weaker against the Japanese yen and the Swiss franc today, though retained its gains against the US dollar, as today’s report is expected to confirm that the eurozone economy shrank last quarter.(…)Read the rest of Euro Remains Weak Ahead of GDP Report (105 words) Posted on Forex News. Read More Euro Remains Weak Ahead of GDP Report
Posted in FX News | Tagged ahead, euro, gdp, of, remains, report, weak
The Russian ruble weakened today on risk aversion caused by the report that showed a decline of the eurozone economy, turning investors away from currencies they considered too risky.(…)Read the rest of Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion (77 words) Posted on Forex News. Read More Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion
Posted in FX News | Tagged as, aversion, eurozone, falls, gdp, risk, ruble, russian, spurs
FXstreet.com (C?rdoba) – December GDP data showed a slightly stronger than expected 0.4% monthly… For more information, read our latest forex news. Read More Forex Flash Canadian GDP data confirms our positive CAD view UBS
Posted in FX News | Tagged cad, canadian, confirms, data, flash, forex, gdp, our, positive, ubs, view
The second estimate of annualized US fourth-quarter 2011 GDP growth was 3.0%, which was above the 2.8% advance estimate and marked the fastest pace of growth since the second quarter of 2010. Consumer spending growth was revised to 2.1%, which was up modestly from the 2.0% advance estimate and reflected Read More US FourthQuarter 2011 [...]
Posted in FX News | Tagged 2011, 28, 30, fourthquarter, from, gdp, growth, revised, to, us
USD is mostly softer as risk appetite is supported by the ECB’s LTRO which resulted in a take-up of €530B and after an unexpected upwards revision to U.S. 4Q GDP. Global equities are firmer with Asia finishing to the upside while Europe is currently trading in positive territory. 4Q GDP Read More Risk Stays Firm [...]
Posted in FX News | Tagged after, firm, gdp, ltro, risk, stays, us
US dollar is mixed today after encouraging GDP data was released. The latest numbers for the fourth quarter of 2011 indicate that the US economy grew 3%, which is better than the 2.8% pace originally reported. The news has helped the greenback pare some of its losses against the Japanese yen, and provided some support for Great Britain pound. (…)Read the rest of US Dollar Mixed after [...]
Posted in FX News | Tagged after, data, dollar, gdp, mixed, us
The Great Britain pound jumped today, reaching the highest rate in more than five months versus the Japanese yen, after the report showed that the UK economy shrank last quarter on a quarterly basis, but expanded on an annual basis.(…)Read the rest of Pound Climbs with Annual GDP Growth (127 words) Posted on Forex News. Read More Pound Climbs with Annual GDP Growth
Posted in FX News | Tagged annual, climbs, gdp, growth, pound, with
The South African rand advanced today, rising for the third consecutive trading session, after the report showed that German economy grew in the last quarter on an annual basis, supporting positive sentiment about the economy of the eurozone.(…)Read the rest of Rand Gains as German GDP Posts Annual Growth (77 words) Posted on Forex News. Read More Rand Gains as German GDP Posts Annual Growth
Posted in FX News | Tagged annual, as, gains, gdp, german, growth, posts, rand
