Read More Japanese Yen at Turning Point with Poor GDP Data Due
Posted in FX News | Tagged at, data, due, gdp, japanese, point, poor, turning, with, yen
Price action is largely mixed on Tuesday in light of the holiday trade, but we may see another flight to ahead of the New Year as the outlook for 2012 turns increasingly weak. Read More Euro Fundamentals Point To Further Weakness, Sterling Maintains Range
Posted in FX News | Tagged euro, fundamentals, further, maintains, point, range, sterling, to, weakness
The pound was weaker in today’s session against its key rivals the euro, the dollar, and the yen following the release of BOE Meeting Minutes from the interest-rate decision from early September. That MPC voted 9-0 in favor of keeping rates at the record low of 0.5% at Read More GBP Continues to Feel the [...]
Posted in FX News | Tagged as, boe, continues, feel, gbp, minutes, more, point, pressure, qe, the, to
The UK services-sector PMI index is a key indicator of economic health and Sterling?s underlying performance will remain strongly correlated with this data. With the UK economic and political cycle entering a crucial phase during the third quarter with a Summer of discontent, this release could be a defining moment Read More Sterling At A [...]
Posted in FX News | Tagged a, ahead, at, of, pmi, point, release, sterling, tipping
The Reserve Bank of Australia’s May Minutes indicate inflation risks moving to the upside, but concerned some sectors of economy growing slower than others, hindering recovery. Read More RBA Minutes Indicate Higher Rates Likely At Some Point, Monitoring Possible Uneven Recovery
Posted in FX News | Tagged at, higher, indicate, likely, minutes, monitoring, point, possible, rates, rba, recovery, some, uneven
Looking forward, we expect monthly employment gains to stay around 250,000. In combination with lower oil prices, which will pull down the inflation rate, this translates into decent real income growth. We therefore look for a rebound in consumption growth to 3.5% in coming quarters after a 2.7% increase in Q1. Read More US Payrolls [...]
Posted in FX News | Tagged gains, income, payrolls, point, solid, to, us
Roger Bootle: Sterling’s upside risk is worrying for the UK economy in 2011. Read More The very low point in the pound has now passed
Posted in FX News | Tagged has, in, low, now, passed, point, pound, the, very
Read More Critical Inflection Point
Posted in FX News | Tagged critical, inflection, point
Read More Australian Dollar Momentum and Sentiment Point to Gains
Posted in FX News | Tagged and, australian, dollar, gains, momentum, point, sentiment, to
A sharp jump in volatility expectations amidst broader financial market turmoil has led to very interesting shifts in forex options risk reversals, and it will be critical to watch short-term moves in key currency pairs. Read More Forex Options Markets Point to Further USDJPY Gains
Posted in FX News | Tagged forex, further, gains, markets, options, point, to, usdjpy
