The New Zealand dollar retreated today as virtually all macroeconomic reports from New Zealand were negative this week, making the currency less attractive for Forex traders.(…)Read the rest of Negative Domestic Data Hurts New Zealand Dollar (114 words) Posted on Forex News. Read More Negative Domestic Data Hurts New Zealand Dollar
<Teaser> Read More British Pound Could Rally, but Rate Environment Increasingly Negative
FXstreet.com (C?rdoba) – Fitch Ratings announced on Friday it has placed all investment grade rated… For more information, read our latest forex news. Read More Fitch places 6 euro zone countries on watch for downgrade, cuts Frances outlook to negative
The Eurozone sovereign debt crisis is causing massive stress for the European banking sector. The spread between USD 3-month Libor and overnight dollar funding has surged by 25 basis points since August and is now close to its highest level in more than 2 years. This means that borrowing dollars Read More Ones to Watch [...]
FXstreet.com (C?rdoba) – Main US stock indexes opened into the red on Wednesday as investors assess… For more information, read our latest forex news. Read More US stocks open with a negative tone
July new home sales were revised down to 300,000 from the originally reported 312,000 this is the third monthly drop in a row in new home sales, and shows the difficulty that the housing sector is going through right now especially constructions. It?s also the lowest level in five months Read More US Datastream Remains [...]
The report about the UK Services PMI showed an unexpected growth, bolstering the Great Britain pound, but it can’t be considered completely positive as the data showed an underlying weakness of Britain’s economy.(…)Read the rest of Services PMI Boosts Pound in Short-Term, Outlook Remains Negative (62 words) Posted on Forex News. Read More Services PMI Boosts Pound in ShortTerm, Outlook Remains Negative
Moody’s Investor Service issued another downgrade for another indebted Southern European nation, shifting Portugal’s long-term government bond ratings to Ba2 from Baa1, and issued yet another negative outlook to the ratings. In the wake of the news, the Euro continued its intraday slide against the Greenback, Franc, and Yen. Read More Euro Falls as Moodydanrsquos [...]
FXstreet.com (Barcelona) – Mortgage applications as reported by MBA declined by 0.4% the week ended… For more information, read our latest forex news. Read More US MBA Mortgage Application growth remains negative last week
FXstreet.com (C?rdoba) – The main Wall Street indexes are trading into deep red territory on… For more information, read our latest forex news. Read More Wall Street in negative ground after US data HP weighs
Forex Boy