The Bank of Japan increased its asset-purchase fund to 30 trillion yen last week. The stronger the US economy, the stronger the sense that the interest-rate story will turn around and some of the strength in the yen relative to the US dollar starts to … 39 Vote(s) Read More Dollar Near 6Month High Against [...]
Posted in FX News | Tagged 6month, against, dollar, economy, euro, gain, greece, high, holds, near, on, yen
Japan posted a record trade deficit in January, as a strong yen and slumping demand in Europe continued to harm exports following last year’s Fukushima nuclear disaster. Read More Japans trade deficit balloons to alltime high
Posted in FX News | Tagged alltime, balloons, deficit, high, japans, to, trade
Key data releases likely to impact commodity prices this week. 40 Vote(s) Read More High Impact Market Data Events 20th 24th February
Posted in FX News | Tagged 20th, 24th, dataevents, february, high, impact, market
Britain’s high streets lost 14 stores a day as retailers struggled with cash-strapped consumers and a surge in internet shopping. Read More High street shop closure rate hit 14 a day in 2011
Posted in FX News | Tagged 14, 2011, a, closure, day, high, hit, in, rate, shop, street
US analyst Michael Cordonnier of Soybean and Corn Advisor also lowered his Brazilian soybean estimate by a million tonnes in his weekly report, to 69.0 million tonnes, 3 million below the US Department of Agriculture’s current forecast. 39 Vote(s) Read More US soy dips from 4month high corn, wheat firm
Posted in FX News | Tagged 4month, corn, dips, firm, from, high, soy, us, wheat
The euro fell from eight-week high versus the dollar and tumbled against majors on worries the deals with international lenders and private-sector bondholders are not finalized yet. Although Greek Prime Minister Lucas Papademos and three political … 26 Vote(s) Read More Euro falls from twomonth high on worries Greek deals are not finalized yet
Posted in FX News | Tagged are, deals, euro, falls, finalized, from, greek, high, not, on, twomonth, worries, yet
Over the past weeks, the market has weathered disappointing news from the Euro-region (downgrades, missed deadlines for financial aid, slowing growth) and pushed the currency higher. There is no better fundamental definition of bullish sentiment. Read More EURUSD Suspciously Quiet after Greek Deal, Reversal Risk High
Posted in FX News | Tagged after, deal, eurusd, greek, high, quiet, reversal, risk, suspciously
FXstreet.com (C?rdoba) – The Euro extended gains versus the Franc during the American afternoon,… For more information, read our latest forex news. Read More Forex EUR CHF extends gains, hits 1week high
Posted in FX News | Tagged 1week, eurchf, extends, forex, gains, high, hits
The UK manufacturing PMI posted a reading of 52.1 in January, much better than the forecast of an increase to 50.2 from 49.6 in December. From Markit: “Manufacturing production expanded for the second successive month in January, supported by growth of new orders and the clearance of backlogs of work. Companies Read More GBP USD [...]
Posted in FX News | Tagged 10week, gbpusd, high, manufacturing, on, positive, pushes, surprise, to, uk
FXstreet.com (C?rdoba) – The Euro picked up momentum and stretched to a fresh 5-week high versus… For more information, read our latest forex news. Read More Forex EUR USD rises to fresh 5week high
Posted in FX News | Tagged 5week, eurusd, forex, fresh, high, rises, to