The Aussie was a standout performer last Friday, breaking out and closing above the 200-day MA against the US Dollar, first time it occurs since late October, while it also rallied nicely versus the Japanese Yen, … 41 Vote(s) Read More AUD JPY holds strong above 8000
Posted in FX News | Tagged 8000, above, audjpy, holds, strong
Lack of fresh news prior to the Lunar New Year had FX markets trending. Gains in regional equities across Asian reflected the follow through from Wall Street solid performance. EURUSD contracted into a narrow range narrow range from 1.2954 to 1.2974 while AUDUSD solid off mildly from 1.2986 to 1.2918. Read More Strong Auction Results [...]
Posted in FX News | Tagged and, auction, greece, in, psi, results, risk, strong, support, talks
The combination of resilient Chinese growth, better than expected sentiment figures out of Germany, and a fresh rumor of another massive liquidity injection by the European Central Bank have lifted higher yielding currencies and risk-correlated assets thus far on Tuesday. Read More Commodity Currencies on Top Amid Strong Data Across Globe
Posted in FX News | Tagged across, amid, commodity, currencies, data, globe, on, strong, top
The big news of the afternoon has been the whopping ADP employment number. We all knew the US was getting stronger, but we didn’t expect the private sector to create 325k jobs last month. This was 8 standard deviations bigger than the 177k estimate and was the largest monthly gain Read More Strong US Employment [...]
Posted in FX News | Tagged cant, data, distract, employment, european, fears, strong, us
Canada’s gross domestic product fails to expand for the first time in five months in October, reflecting lower pace of recovery in the world’s tenth largest economy which has been vulnerable to spreading sovereign crisis in Europe and overheating domestic housing market. Read More Loonie Remains Strong despite Flat October Canada GDP
Posted in FX News | Tagged canada, despite, flat, gdp, loonie, october, remains, strong
Euro area flash manufacturing PMI rose from 46.4 in November to 46.9 in December. We think it is somewhat comforting that the PMIs seem to be levelling off and that we should not experience the same deterioration as we did in 2008/09. Of some concern is the subdued level of Read More Euro area PMIs [...]
Posted in FX News | Tagged area, euro, pmis, strong, surprisingly
U.S. Dollar Trading (USD) markets fell in the US session quite heavily with US retail sales weaker than expected and the European crisis rolling on. The FOMC held at 0.25% as widely expected but the statement was mixed with a slight upgrade to the US economic outlook tempered by concerns Read More USD Strong In [...]
Posted in FX News | Tagged in, off, risk, strong, trading, usd
FXstreet.com (Barcelona) – USD/JPY flied as high as 77.53 through the first hours of Tokyo trade on… For more information, read our latest forex news. Read More Forex USD JPY, supply around 7750 too strong for the rally to continue
Posted in FX News | Tagged 7750, around, continue, for, forex, rally, strong, supply, the, to, too, usdjpy
The UK is at a defining moment. If we are not careful, we risk being dragged further into the deepening mire on the Continent. By contrast, if we stick to our last then we could soon escape from our long European nightmare. Read More Better a strong Britain than a place at Europes top table
Posted in FX News | Tagged a, at, better, britain, europes, place, strong, table, than, top
Japanese yen is higher today against the?US dollar, a?situation that has many companies in?Japan increasing their efforts to?shift overseas. Yen continues to?strengthen, in?spite of?efforts by?Japanese leaders to?keep the?currency weak against the?dollar. (…)Read the rest of Yen Remains Strong Against the US Dollar (144 words) Posted on Forex News. Read More Yen Remains Strong Against the [...]
Posted in FX News | Tagged against, dollar, remains, strong, the, us, yen
