FXstreet.com (Barcelona) – The kiwi, as the rest of the high-yield currencies, has been climbing… For more information, read our latest forex news. Read More Forex Flash NZD USD potential reach of 0850075 near term Westpac
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Rate setters expected to unveil a further ?50bn of QE and hold rates. Read More Bank of England poised to restart QE stimulus
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The outlook for the Euro appears bearish regardless of the outcome of tense negotiations on the second Greek bailout now preoccupying the markets. Read More FOREX Euro Outlook Bearish Regardless of Greek Fiasco Outcome
Posted in FX News | Tagged bearish, euro, fiasco, forex, greek, of, outcome, outlook, regardless
The Brazilian real dropped today as uncertainty about an outcome of the discussion about reduction of Greek debt made traders sell riskier currencies and stick to safer assets.(…)Read the rest of Brazil’s Real Down as Traders Await End of Greek Troubles (67 words) Posted on Forex News. Read More Brazils Real Down as Traders Await End of Greek Troubles
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The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies.(…)Read the rest of Good Employment Rescues Dollar After Week of Bad Data (164 words) Posted on Forex News. Read More Good Employment Rescues [...]
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Britain’s weak economic recovery is expected to lead the Bank of England to print ?50bn more money in the coming weeks. Read More Bank of England to print further ?50 billion
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Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows. Read More Dollar at Risk of Fresh Plunge as Dow Moves to Test [...]
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FXstreet.com (C?rdoba) – In his testimony at the House panel Ben Bernanke ensured that the USD is a… For more information, read our latest forex news. Read More Forex Flash Nervousness ahead of NFP is likely to weaken the USD even further UBS
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China’s official manufacturing PMI released by China’s National Bureau of Statistics improved slightly to 50.5 (consensus: 49.6, Danske Bank: 50.1) in January from 50.3 in December. In addition, there was no revision in connection with the release of the final estimate for the HSBC manufacturing in January. The HSBC manufacturing Read More China Slight Improvement [...]
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Market sentiment is shaky and headline risk remains high ahead of the EU Summit in Brussels and amid Greek resistance to economic oversight. Concerns that the debt crisis is spreading is reflected in Portugal’s record high CDS levels and widening sovereign yield spreads despite decent Italian auctions. Also weighing on Read More Euro Softer ahead [...]
Posted in FX News | Tagged ahead, eu, euro, of, softer, summit