European equities have pulled back today but this is entirely normal after last week’s rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed to Read More Europe Has a [...]
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The UK risks falling back into recession as the global jobs crisis continues “unabated”, according to a pessimistic report on the worldwide labour market. Read More UK risks new recession on weak jobs market, says ILO
Posted in FX News | Tagged ilo, jobs, market, new, on, recession, risks, says, uk, weak
… down against the yen, with AUD/NZD dipping 0.09% and trading at 1.2992 and AUD/JPY falling 0.15% to 80.63. Later Monday, the Conference Board in Australia will release its leading index, which will shed further light on the health of the economy. … 27 Vote(s) Read More AUD USD dips on weak pricing data
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The euro was sold yet again overnight against the dollar, yen, Swiss franc, and Canadian dollar as Italy auctions off another round of debt this time slightly higher maturities that my we had seen yesterday. The auction was mixed with Italy not meeting the upper range of its target Read More Italian Debt Auction Mixed, [...]
Posted in FX News | Tagged auction, data, debt, euro, italian, lending, mixed, weak
FXstreet.com (C?rdoba) ? Economic growth in Switzerland has slowed all year and recent indicators… For more information, read our latest forex news. Read More Forex Flash Swiss economy appears to be very weak Wells Fargo
Posted in FX News | Tagged appears, be, economy, fargo, flash, forex, swiss, to, very, weak, wells
The weak pound has boosted Britain’s trade position, helped by Britons taking fewer holidays abroad, according to the Bank of England. Read More Staycations and weak pound have boosted British trade, says Bank of England
Posted in FX News | Tagged and, bank, boosted, british, england, have, of, pound, says, staycations, trade, weak
FXstreet.com (California) – CHF continues to trade under pressure against its major counterparts in… For more information, read our latest forex news. Read More Forex Swiss franc weak versus majors
Posted in FX News | Tagged forex, franc, majors, swiss, versus, weak
This morning’s weaker personal income numbers cast considerable doubt on the sustainability of yesterday’s relatively robust real GDP figures, which showed the economy growing at a 2.5 percent annual rate during the third quarter. Personal income rose just 0.1 percent in September and climbed at just a 0.9 percent annual Read More Weak Personal Income [...]
Posted in FX News | Tagged casts, doubts, income, personal, report, weak
Right now the markets are in flux. We have started a new month yet it is not clear if we are in a risk-on/ off environment. This has made for a very choppy couple of days. Stocks are suffering today and the pan-European Eurostoxx index is down more than 1%, Read More London Session European [...]
Posted in FX News | Tagged as, data, european, expected, london, pmi, session, weak
They call themselves “the indignant”. Armed with sleeping bags and week old clothes stuffed into rucksacks, around 500 people stand shoulder-to-shoulder in Madrid’s central square. Read More Spain branded the eurozones big weak link as the indignant take to the streets
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