The greenback struggled to hold its ground on Tuesday, with the Dow Jones-FXCM U.S. Dollar index slipping to a low of 9,946, but we expect to see the reserve currency regain its footing ahead of the New Year as market participants scale back on risk-taking behavior. Read More USD Index Clouded With Mixed Signals, AUD [...]
Asian Markets are set to fall after U.S. stocks retreated, following a two-day advance for the Standard & Poor?s 500 Index, amid concern European officials were failing to make progress in taming the debt crisis and as financial companies tumbled. Read More Stocks Fall As Concerns Over Euro Debt Signals Selloff
The New Zealand dollar gained today, extending its rally for the second day, after the Reserve Bank of New Zealand key its target interest rate unchanged, but suggested that an increase is possible in the future.(…)Read the rest of RBNZ Signals About Possible Interest Rates Hike, NZD Higher (181 words) Posted on Forex News. Read More RBNZ Signals About Possible Interest Rates Hike, [...]
The Australian dollar climbed today as the strong growth of China’s economy increased attractiveness of Australia’s currency. The Reserve Bank of Australia suggested the policy makers may cut the interest rates in the near future. 22 Vote(s) Read More Chinas Growth Helps Aussie, RBA Signals About Rates Cut
Despite a welcomed recovery in Chinese trade balance for June, the surplus came at the expense of a sharp fall in imports. Inflation and trade balance data released over the weekend have not fully impacted markets yet, though Oceanic dollars may weaken as data supports continued Chinese tightening. Read More Australian, New Zealand Dollars Pressured [...]
FXstreet.com (C?rdoba) ? The economic data release during this week provided signals of a slower… For more information, read our latest forex news. Read More Forex Flash More signals of slow growth in the US Wells Fargo
The Flash Consumer Confidence Indicator registered up to -9.7 from -11.6 in April 2011. The was the best reading since November for the index of household sentiment. European Commission reported that the Economic Sentiment Indicator for the EU and the euro area declined in April. It declined by 2.3 points to Read More European Consumer [...]
Today’s Beige Book (BB) signaled that economic activity continued to improve across a broad set of sectors in all 12 US Federal Reserve Districts during the last two weeks of February and through the end of March. All Districts reported strengthening manufacturing activity. Many firms anticipate the Japanese tragedy will impact Read More The Beige [...]
A daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona. Read More USD SEK Puts in Bullish Outside Day Formation Signals Potential Base
That doesn’t mean you can’t trade but I would urge more caution than usual in your risk-management. The lower volume gets the more volatile a pair can get, … 26 Vote(s) Read More Forex Signals EUR USD Watch Your Step
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