The euro produced gains against most of its major counterparts, as a better than expected German Ifo Business Climate index, improved market sentiment. European Central Bank President Draghi said that he does not see any signs of inflationary pressure at the moment but ‘quite the opposite’. The Greek parliament approved Read More Euro Records New [...]
Posted in FX News | Tagged euro, highs, new, records
In light of the recent volatility in the currency market, the short-term moving averages point to a key reversal for the majors as the recent rally in risk tapers off. Meanwhile, the recent rebound in the EURCAD may develop into a larger trend as the pair continues to mark higher highs paired with lower highs, [...]
Posted in FX News | Tagged averages, defines, eurcad, for, key, majors, moving, new, shortterm, trend
Britain better get used to weak growth and a bumpy recovery as that is the best the economy can expect over the next four to five years, a former Bank of England rate-setter has warned. Read More Weak growth is the new normal, Andrew Sentance warns
Posted in FX News | Tagged andrew, growth, is, new, normal, sentance, the, warns, weak
FXstreet.com (Barcelona) – Even though US New Home Sales results were not very positive at the end… For more information, read our latest forex news. Read More Moderate increase in US New Home Sales expected in January Wells Fargo
Posted in FX News | Tagged expected, fargo, home, in, increase, january, moderate, new, sales, us, wells
Read More US Dollar Surges into Close dan150 Start of a New Uptrend
Posted in FX News | Tagged 150, a, close, dollar, into, new, of, start, surges, uptrend, us
FXstreet.com (Barcelona) – After having one on Tuesday, the Greek labor unions have scheduled a 48… For more information, read our latest forex news. Read More Forex EUR USD drops on new Greek strike
Posted in FX News | Tagged drops, eurusd, forex, greek, new, on, strike
China’s annual inflation rate hit 4.5pc in January, the highest level in three months, after consumers splashed out on food and gifts over the Lunar New Year holiday. Read More China inflation lifted by Lunar New Year splurge
Posted in FX News | Tagged by, china, inflation, lifted, lunar, new, splurge, year
Read More New Zealand Dollar Overbought, Fundamentals To Fuel Major Correction
Posted in FX News | Tagged correction, dollar, fuel, fundamentals, major, new, overbought, to, zealand
Equities and commodities were higher in the Thursday trading session as we continue to have the spillover effects and positive risk sentiment from the Fed’s decision yesterday to keep interest rates steady for longer. In regards to the US economy we had three key releases today, showing manufacturing orders coming in Read More US Durable [...]
Posted in FX News | Tagged and, boost, but, claims, durable, goods, home, new, sales, sentiment, softish, us
New orders for durable goods jumped 3.0% (month over month) in December 2011, marking the second consecutive sizeable gain following a 4.3% increase in November. Much of the improvement in December reflected an 18.9% jump in commercial aircraft orders that marked a second consecutive outsized increase following an 88.1% gain Read More US New Orders [...]
Posted in FX News | Tagged claims, december, durable, ending, for, goods, in, initial, new, orders, rose, surged, the, us, week
