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
The Australian dollar tumbled as the Reserve Bank of Australia revised its growth forecast for this year downwardly, spurring speculation that more interest rate cuts will follow.(…)Read the rest of Aussie Falls as RBA Cut Growth Forecast (126 words) Posted on Forex News. Read More Aussie Falls as RBA Cut Growth Forecast
Posted in FX News | Tagged as, aussie, cut, falls, Forecast, growth, rba
This week was good for the US dollar even though macroeconomic data made traders question whether economic recovery in the United States is stable enough. The greenback was higher against most major currencies, but fell versus the Japanese yen.(…)Read the rest of Dollar Posts Weekly Gains Despite Disappointing Employment Growth (138 words) Posted on Forex News. Read More Dollar Posts Weekly [...]
Posted in FX News | Tagged despite, disappointing, dollar, employment, gains, growth, posts, weekly
The New Zealand dollar slid today to the lowest level in more than two months as the nation’s unemployment rate rose, even though analysts said that it would decline, and employment growth was below expectations.(…)Read the rest of Unexpected Growth of Unemployment Drives Kiwi Down (98 words) Posted on Forex News. Read More Unexpected Growth of Unemployment Drives Kiwi Down
Posted in FX News | Tagged down, drives, growth, kiwi, of, unemployment, unexpected
Growth in Britain’s dominant services sector slowed more sharply than expected in April, suggesting the economy got off to a weak start in the second quarter. Read More April services growth falls but offers hope of recession escape
Posted in FX News | Tagged april, but, escape, falls, growth, hope, of, offers, recession, services
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
European money market rates declined significantly over the past month. Consequently, the EONIA forward curve inverted throughout 2012 from being flat. This could partly reflect that the markets are pricing in a smaller credit premium on the EONIA fixings going forward. However, the larger part of this move is likely Read More ECB Preview Mixed [...]
Posted in FX News | Tagged cut, ecb, enough, growth, mixed, not, preview, rate, signals, to, trigger
The greenback launched a counter-offensive today as risk assets came under pressure with the dollar advancing against all its major counterparts save the yen. Key levels to watch on USDJPY and USDCAD. Read More USDCAD Slammed By Growth Fears, JPY Resilient Despite BoJ Easing
Posted in FX News | Tagged boj, by, despite, easing, fears, growth, jpy, resilient, slammed, usdcad
The Fed meeting sent mixed signals, as members moved forward their rate hike expectations but at the same time chairman Ben Bernanke kept the door open for more QE if necessary. US data were mixed, with worryingly weak data for jobless claims, while pending home sales point to further strength in Read More Weekly Focus [...]
Posted in FX News | Tagged austerity, focus, growth, or, weekly
The Australian dollar fell today as a government report showed that nation’s consumer prices rose in the last quarter far slower that was anticipated by market analysts, triggering speculation about an interest rate cut.(…)Read the rest of Aussie Goes Down as CPI Growth Below Expectations (88 words) Posted on Forex News. Read More Aussie Goes Down as CPI Growth Below Expectations
Posted in FX News | Tagged as, aussie, below, cpi, down, expectations, goes, growth
