Retailer price wars helped to drive the cost of clothing, furniture and electrical goods lower in January compared with a year earlier, providing some good news for the squeezed British consumer. Read More UK shop price inflation slowed in January
The US manufacturing sector expanded for the thirtieth consecutive month in January 2012, and the pace of growth accelerated as indicated by the ISM manufacturing index rising to 54.1 from 53.1 in December 2011 (initially reported as 53.9). This leaves the index at its highest level in seven months. The Read More US Growth in [...]
Prime Minister tells Parliament he will use legal action if the new treaty being agreed between 25 states threatens the country’s national interests and rejects suggestions that the fiscal pact creates a new ‘inner group” within the EU. Read More Debt crisis as it happened January 31, 2011
USD/JPY fell during the Friday session as the Dollar continues to weaken against most other currencies. The area just below starts the support level that the Bank of Japan has been defending, so this area could produce interventions. Because of t 37 Vote(s) Read More USD JPY Forecast January 30, 2012, Technical Analysis
Fitch has cut the credit ratings of five eurozone countries including Spain and Italy, but held Ireland’s rating unchanged, as the outlook worsens for the region’s indebted nations. Read More Debt crisis as it happened January 27, 2011
Last day of the week, forex fanatics! Make sure you end the last week of January on a high note by reading up on your daily forex fundamentals! 42 Vote(s) Read More Daily Forex Fundamentals January 27, 2012
AUD/USD continues to rise as the Wednesday session saw the Federal Reserve promise ultra-low rates until at least the end of 2014. The higher yielding and commodity sensitive Aussie was a perfect choice for longs as the market will almost always 34 Vote(s) Read More AUD USD Forecast January 26, 2012, Technical Analysis
Natural gas markets continued to rise during the Wednesday session as the short covering keeps going. The market broke above the shooting star that was formed on Tuesday, and with more companies talking of taking their drilling offline, the marke 21 Vote(s) Read More Natural Gas Forecast January 26, 2012, Technical Analysis
Eurozone finance ministers have sent back a proposed resolution to Greek’s debt negotiations with its bondholders, according to EU officials, following a day when markets rose on hopes of an agreement. Read More Debt crisis as it happened January 23, 2012
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Guest Commentary Oil Prices Weekly Outlook January 30 February 3
Oil slightly rose during last week and thus continued their trend of moderate changes of recent weeks. What should we expect for oil prices in February? Read More Guest Commentary Oil Prices Weekly Outlook January 30 February 3
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