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 [...]
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AUD had a negative bias for most of the trades with the low of 1.0106 but then gained sharply to the current levels of 1.0219. NZD broke the intra-day band of 0.7755-0.7790 on the upside and is at 0.7802. AUD/NZD was in red for most of the day with … 27 Vote(s) Read More Markets, [...]
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Revenue of $8.05MM was up 44% yoy and 15% better than our $7.0MM estimate, the difference mostly a result of Digital & MRI CAD revenue coming in over $600k ahead of our number. Digital & MRI CAD revenue was $3.79MM, up 15% yoy and significantly better … 34 Vote(s) Read More iCAD Q3 Results Impress [...]
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There was tremendous build up to the opening statement at the Jackson Hole symposium by Fed Chairman Ben Bernanke this past week; but the market was ultimately let down. Read More US Dollar Can Still Generate a Strong Bearing Despite Feddan146s QE3 Vagary
Posted in FX News | Tagged a, bearing, can, despite, dollar, fed146s, generate, qe3, still, strong, us, vagary