Market sentiment was also bolstered after data showed that Chinese manufacturing activity returned to expansionary territory last month after contracting in November, easing concerns over a slowdown in the world’s second largest economy. … 23 Vote(s) Read More EUR JPY off 11year low but downside risks remain
Posted in FX News | Tagged 11year, but, downside, eurjpy, low, off, remain, risks
Read More Aussie will Remain Volatile with RBA Rate Decision on Tuesday
Posted in FX News | Tagged aussie, decision, on, rate, rba, remain, tuesday, volatile, will, with
Greece was handed a lifeline on Friday night after international lenders finally released an ?8bn aid package for the beleaguered country, kicking off a crucial weekend for the future of the eurozone. Read More Greece handed 8bn aid package lifeline but euro concerns remain
Posted in FX News | Tagged 8bn, aid, but, concerns, euro, greece, handed, lifeline, package, remain
China’s closely watched inflation rate dipped slightly in September, but analysts said it was unlikely to ease tight credit policies on fears surging prices may cause social unrest. Read More China inflation dips but food costs remain high
Posted in FX News | Tagged but, china, costs, dips, food, high, inflation, remain
New home sales have been struggling as falling prices are enticing buyers towards the existing home sales market, potential home buyers are finding it hard to get financing from banks, and they are wary of making a big purchases like a home in the midst of a weak economy and Read More New Home Sales [...]
Posted in FX News | Tagged at, depressed, home, levels, new, remain, sales, stagnant
The Euro continues to test how many lives this dead cat bounce might have as we look for resistance levels. Meanwhile, we’ve got the RBNZ on tap shortly after the US session and the SNB up tomorrow as EURCHF has gone quiet. There was an extension of the bloodletting in pro-risk Read More Markets to [...]
Posted in FX News | Tagged fomc, in, limbo, markets, next, remain, to, until, weeks
The rally in equities – and the commodity currencies – looks weak at best, as volume was nearly nonexistent amid a holiday in the United Kingdom and fewer participants in New York following the weekend’s storm. Read More SdanP 500 Jumps as Market Participants Remain Absent
Posted in FX News | Tagged 500, absent, as, jumps, market, participants, remain, sp
The one-year countdown to the London Olympics was greeted by euphoric celebrations in Trafalgar Square. Read More Key questions remain after Olympic countdown euphoria
Posted in FX News | Tagged after, countdown, euphoria, key, olympic, questions, remain
Uncertainty remained elevated and markets were on edge as debt problems on both sides of the Atlantic dominated headlines. Safe havens such as the JPY, CHF, and gold were beneficiaries amid market jitters. The Swiss franc reached new record highs gaining over 4% this week against the greenback and roughly Read More Risks Remain High [...]
Posted in FX News | Tagged amid, and, concerns, debt, growth, high, remain, risks
The worst fears investors may have harbored ahead of the weekend failed to materialize on Monday although there remains a bid to bonds keeping yields low. There is a sense among investors that even if the Greek Parliament manages to pass the €78 billion fiscal austerity package midweek, European leaders Read More Fears Remain Elevated [...]
Posted in FX News | Tagged ahead, austerity, elevated, fears, greek, of, remain, vote
