FXstreet.com (C?rdoba) – The general weakness in USD seen after the 25 Jan FOMC is now less… For more information, read our latest forex news. Read More Forex Flash USD now looks less vulnerable than it did before the NFP UBS
Posted in FX News | Tagged before, did, flash, forex, it, less, looks, nfp, now, than, the, ubs, usd, vulnerable
As the UK struggles with reduced growth, the Bank of England is now going as far as to say that further quantitative easing measures are “likely.” Read More UK GDP Drops more than Expected BoE Members Say Further QE danquotLikelydanquot
Posted in FX News | Tagged boe, drops, expected, further, gdp, members, more, qe, quotlikelyquot, say, than, uk
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.(…)Read the rest of Pound Jumps to Highest Price in More Than a Year Against Euro (117 words) Posted on Forex News. Read More Pound [...]
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FXstreet.com (Barcelona) – German PMI Manufacturing increased to 48.4 points in December, following… For more information, read our latest forex news. Read More Germany PMI Manufacturing grows more than expected in December
Posted in FX News | Tagged december, expected, germany, grows, in, manufacturing, more, pmi, than
FXstreet.com (C?rdoba) ? The GBP/USD finished 2011 practically unchanged from the price it opened… For more information, read our latest forex news. Read More Forex GBP USD ends year with a gain of less than 50 pips
Posted in FX News | Tagged ?50, a, ends, forex, gain, gbpusd, less, of, pips, than, with, year
Personal consumer expenditure (PCE) rose 0.1% in November, below market expectations for a 0.3% gain, following unrevised increases of 0.1% and 0.7% in October and September, respectively. Spending on durable goods rose 0.8%, reflecting the previously reported 2.9% rise in unit auto sales in the month, while spending on services Read More US Personal Spending [...]
Posted in FX News | Tagged boosted, by, commercial, durable, expected, goods, less, orders, personal, rises, spending, than, us
Retail spending rose 0.2% in November, marking a smaller increase than the upwardly revised 0.6% (previously 0.5%) and 1.3% (previously 1.1%) gains in October and September, respectively. Markets had expected a stronger 0.6% rise in November. Sales of motor vehicles and parts rose 0.5%, which was a somewhat smaller increase Read More US Retail Sales [...]
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David Cameron may have left Brussels with a fewer friends on Friday morning, but at least he can console himself in the knowledge that British households are wealthier than their German equivalents. Read More UK households wealthier than Germanys, says UBS
Posted in FX News | Tagged germanys, households, says, than, ubs, uk, wealthier
The U.S. manufacturing sector expanded for the twenty-eighth consecutive month in November, and the pace of growth accelerated as the ISM manufacturing index rose to 52.7, which is its highest level in five months, from 50.8 in October. Market expectations had been for a more modest increase to 51.8. In Read More US Manufacturing Sector [...]
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Ifo current conditions were unchanged at 116.7 in November, which was substantially better than consensus expectations. This was in line with yesterday’s better than expected PMI data, see Euro area: PMIs improve but continue to signal recession. Expectations surprisingly increased from 97.0 to 97.3. This means that the aggregate Ifo Read More Euro area Ifo [...]
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