Last week we suggested that the strength of the global recovery remained very much in doubt despite the G8′s optimistic pronouncement and that risk assets (stocks and commodities) were set to weaken further, and that this would support the USD. Stocks and many key commodities did decline on the week Read More Risk Comes Off [...]
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Today, European economies lack important fundamentals after the release of important data earlier this week. The main highlight this week was on inflation data from both UK and euro zone as it may give any hint to the expected monetary action by the two giant European central banks. Read More UK Still Suffers From Elevating [...]
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Commodities and global equities recovered today from the last week’s sharp decline, signaling that investors became less interested in safe assets. Such shift of market sentiment harmed the Swiss franc.(…)Read the rest of No Need for Safety, Swiss Franc Suffers (134 words) Posted on Forex News. Read More No Need for Safety, Swiss Franc Suffers
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FXstreet.com (C?rdoba) ? Cable ended Friday on a weak note, with a slump across the board. GBP/USD… For more information, read our latest forex news. Read More Forex GBP USD suffers a weekly decline of 300 pips
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FXstreet.com (Barcelona) – The United States Crude Oil Stocks as measured by the EIA changed to the… For more information, read our latest forex news. Read More The US EIA Crude Oil Stocks Change suffers mild drop
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The Australian dollar extended the decline against its U.S. counterpart and dropped against the euro as the banking crisis in Spain and the conflict between North and South Korea destabilize the markets.(…)Read the rest of Spain and Korea Bring Anxiety on Markets, Aussie Suffers (106 words) Posted on Forex News. Read More Spain and Korea Bring Anxiety on Markets, Aussie Suffers
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FXstreet.com (C?rdoba) ? The Euro finished with losses against the Dollar for the fourth… For more information, read our latest forex news. Read More Forex EUR USD suffers the biggest weekly decline since October 2008
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FXstreet.com (Barcelona) – Wall Street plunged more than 10% in what is likely to be coined a… For more information, read our latest forex news. Read More DJIA suffers biggest intraday drop in history on alleged fat finger
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The dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North America, making riskier assets to climb considerably.(…)Read the rest of Dollar Suffers from Fed Rates Policy (131 words) Posted on Forex News. Read More Dollar Suffers from Fed Rates Policy
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The British pound was one of the worst performing currencies today in foreign-exchange markets as its monthly budget deficit for January decreased appeal for assets in the country and fueled speculations that economic stimulus will be need for a longer period to help the kingdom’s economy to grow.(…)Read the rest of Pound Suffers as British Economy Struggles to Rebound (159 words) Posted on Forex News. Read More Pound Suffers as [...]
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