The Canadian dollar was little changed against its US counterpart on Thursday morning as worries about a disorderly Greek default offset momentum from encouraging US jobs data and positive European bond auctions. 23 Vote(s) Read More Canadian dollar little changed as Greek fears weigh
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Does Too Much Calm Mean it’s Time for a Little Storm? The market activity has been positively glacial over the last several days, but is suddenly kicking into gear ahead of US equity trading today on no readily discernible catalyst. We should all be reminded that quietude and complacency often Read More Does Too Much [...]
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Comments out of Spain proclaiming a recession looks to be weighing on sentiment. Technically, USD/JPY is little changed, still holding mostly above its Ichimoku tenkan line since November 23 (moves below have been mostly brief and limited except on the … 26 Vote(s) Read More FX USD JPY Little changed but market a bit more [...]
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While the press called the EU Summit the last chance to save the euro, the markets reacted barely to the results. EUR/USD and EUR/GBP ended the session marginally higher, but more driven by stronger US equities than by the Summit results. We expect a muddle through scenario to continue, keeping Read More Euro Little Affected [...]
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Whilst the old adage ‘people who live in glass houses, shouldn’t throw stones’ is an obvious retort to the EU commissioner’s statement yesterday, the facts are correct. In fact S&P director Takahira also suggested that ‘Japan’s finances are getting worse and worse every day, may be right in saying that Read More Forebears And Three [...]
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The US jobless rate unexpectedly fell in October while employers added fewer workers than forecast. Coronado, speaking with Tom Keene on Bloomberg Television’s "Surveillance Midday," also discusses Europe’s sovereign-debt crisis. … 31 Vote(s) Read More US Trade Gap Was Probably Little Changed as Exports and Imports Cooled
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Euro saw some solid progress yesterday, but today the 17-nation currency is slipping a bit. Some Forex traders are getting a little nervous about tomorrow. EU leaders say they’ll announce a plan to contain the sovereign debt crisis on Wednesday, but there are some doubts.(…)Read the rest of Euro Slips as Some Get a Little Nervous about Tomorrow (136 words) Posted on [...]
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FXstreet.com (C?rdoba) – After bouncing from a 9-month low of 1.3145 on Tuesday and climbing over… For more information, read our latest forex news. Read More Forex EUR USD ends the week little changed after euro zone downgrades
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In the good old days, if you were an irresponsible sort of chap ( or chappess), you could run up bad debts in one county, State, or country, and just nip across the border and do it again. You only had to look at Spain’s record in the 60’s and 70’s, when many a train [...]
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Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
Federal Reserve Chairman Ben Bernanke’s comments at the Annual Conference of the Committee for a Responsible Federal Budget levied little relief for the U.S. Dollar, which has been among the worst performing currencies in Tuesday’s session. Read More Greenback Little Moved After Bernanke Commentary on Fiscal Sustainability
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