European equity markets are set to finish their last day before the holiday season in the Green, with better than expected US jobless data sustaining the Santa rally. Nevertheless, sentiment can turn very quickly in a market that is so engrossed with uncertainty. The risk-on sentiment is also being bolstered by Read More UK Housing [...]
The Malaysian ringgit rose today together with other Asian currencies after the report yesterday showed that the US housing sector improved. The positive data improved prospects for the Asian exports.(…)Read the rest of Ringgit Advances as US Housing Improves (43 words) Posted on Forex News. Read More Ringgit Advances as US Housing Improves
Canadian housing starts rose a stronger than expected 7.3% to 205,900 annualized units in September from the upwardly revised 191,900 units in August (initially reported as 184,600). Market expectations were for a more moderate 2.7% increase to 189,500. The gain in September partially reverses the unexpectedly large 10.2% drop in Read More Canadian Housing Starts [...]
Euro takes a tumble today after weaker than expected final version of August Manufacturing PMI. The 49.0 print was below expectations of the index remaining at the 49.7 level seen in the preliminary reading a week ago. A figure below 50 indicators that the sector contracted. The weak readings in manufacturing Read More EUR Dips [...]
FXstreet.com (Barcelona) – US Housing Price Index rose 0.9% in June, over 0.4% registered the… For more information, read our latest forex news. Read More US Housing Price Index grows for the third consecutive month
The Malaysian ringgit strengthened today as the improving US hosing market and the advance of global equities increased attractiveness of higher-yielding currencies.(…)Read the rest of Malaysian Ringgit Gains on US Housing & Global Stocks (51 words) Posted on Forex News. Read More Malaysian Ringgit Gains on US Housing dan Global Stocks
Housing starts in the U.S. are expected to expand at an annualized pace of 545K in May, and the rebound in building activity could spark a bullish reaction in the dollar as growth prospects improve. Read More EUR USD Trading the US Housing Starts Report
The greenback was mixed against the majors, declining against the franc, pound, and kiwi but firmer against the yen, euro, Aussie, and Canadian dollar as the Greece debate continued and amid negative U.S. manufacturing and housing data. Minneapolis Fed President and FOMC voting member Kocherlakota spoke and indicated that he Read More Greenback Mixed amid [...]
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