There was no silver lining in the dollar’s performance this past week. Behind the greenback’s hefty selling pressure against most of its benchmark counterparts, we were reminded of a fundamental reality: we need a real, fundamental reason to hold the US currency – much less bid it higher. Read More Dollar Finishes out its Worst [...]
Posted in FX News | Tagged 2009, dollar, finishes, its, march, out, performance, since, weekly, worst
FXstreet.com (Barcelona) – Germany: Industrial production slowed down to 0.7% in March from 1.7% in… For more information, read our latest forex news. Read More Germany Industrial production slows down in March
Posted in FX News | Tagged down, germany, in, industrial, march, production, slows
Speculative long positions for the Euro have exceeded their March level, and are now at their highest level since November 2007 (which was a top). Read More Euro Longs Exceed March Level
Posted in FX News | Tagged euro, exceed, level, longs, march
New home sales in the US jumped 11.1% to 300,000 annualized units in March, beating market expectations for an increase to 280,000 units. While this represents a solid monthly gain, it follows the slowest pace of sales since recordkeeping began in 1963 at 270,000 annualized units in February (initially reported Read More US New Home [...]
Posted in FX News | Tagged expected, home, in, march, new, sales, stronger, than, us
According to the Minutes of the FOMC’s March meeting released today, committee members agreed that no changes to the asset purchase program, or to its key benchmark interest rate were necessary to be made at the time of the meeting. The general consensus reached was that the economic recovery continued to progress, while overall conditions [...]
Posted in FX News | Tagged fomc, march, minutes, of, summary
Commodity Prices for March 30th 2011. 5 Vote(s) Read More Commodity Prices March 30th 2011
Posted in FX News | Tagged 2011, 30th, commodity, march, prices
Retailers angry at police ‘inaction’ as day of protest in London spirals into violent confrontation with branches of Topshop and HSBC attacked and Fortnum & Mason occupied Read More TUC protest march West End shops hit by angry mobs
Posted in FX News | Tagged angry, by, end, hit, march, mobs, protest, shops, tuc, west
The Chinese economy unexpectedly recorded its first trade deficit in a year as Chinese exports declined dramatically while imports rose, the trade deficit though may be a good argument for monetary policy makers to restrain growth and inflation. Read More China Records Its First Trade Deficit Since March Of 2010
Posted in FX News | Tagged 2010, china, deficit, first, its, march, of, records, since, trade
FXstreet.com (C?rdoba) ? The Pound retreated from 5-week highs at 135.02 during the European… For more information, read our latest forex news. Read More Forex GBP JPY consolidates biggest weekly gain since March
Posted in FX News | Tagged biggest, consolidates, forex, gain, gbpjpy, march, since, weekly
Read More Gold Continues to March Higher Despite Positive Speculative Lean
Posted in FX News | Tagged continues, despite, gold, higher, lean, march, positive, speculative, to