The British pound is outperforming the Euro for the fourth trading day thanks to stronger than expected UK manufacturing activity. The market was looking for a decline, but the strongest level of output growth in close to 13 years drove the index to
The fact that carry trades did not respond to the rally in equities on Friday and bond yields were basically unchanged tells us that risk aversion in the market is still high and traders in different asset classes are not necessarily buying into a F
The Australian and Canadian dollars have appreciated ahead of their respective interest rate decisions. Their central banks will be the first to announce where they stand on monetary policy. The Australians have it easy since they don?t say anything
Euro: 3 Potential Outcomes of ECB Rate Decision British Pound: Strong Manufacturing Data Should Buy the BoE Time 4 Central Bank Meetings This Week and US Non-Farm Payrolls: What to Expect We are expecting active and volatile trading in the first week
How Will The Markets React? Conditions in the US manufacturing sector are anticipated to deteriorate for the second month in a row during August, as the Institute for Supply Management index is estimated to fall to 53.0 from 53.8. Over the past few
WASHINGTON (Reuters) - U.S. lawmakers returning from their summer break are expected to consider patent law changes that have pitted two of America's most invention-dependent industries against each other. The theory behind patents -- which date bac
News out of Japan offered little hope to yen bulls at the start of the week as both labor and business data badly missed their mark suggesting that the world?s second largest national economy continues to struggle. - Japanese Yen: labor data and capi
- - Japanese Yen Wave 2 Unfolding - - British Pound to Test at least 1.9961 - - Swiss Franc Pivot at 1.1960 - - Canadian Dollar Pivot at 1.0676 - - Australian Dollar Multiple Possibilities - - New Zealand Dollar Could See .7500 This Week Commentary
Will he or won?t he? That was the question the whole week long in the currency market as traders wondered if Fed Chairman Ben Bernanke would give in to pressure and signal a rate cut at the upcoming FOMC meeting on September 18 th . $ Dollar - Chang
With most of the attention on the session being focused on US announcements surrounding subprime concerns, Eurozone economic data fell to the wayside. Granted, there wasn?t much to go on. However, what was reported gave a little more hope as to furth
The Japanese yen has appreciated quite a bit over the past two months, as risk aversion has pervaded the forex markets and led carry trades to unwind. However, after a choppy day of trading in the yen crosses, it appears that Fed Chairman Ben Bernank
Surprising the market, consumer confidence remained relatively positive for the month of August, keeping the prospects for pound appreciation good for the moment. Expected to dip to a negative 7 reading, the report according to the GfK Group, actuall
In similar fashion to most economic data slated for the day, positive Canadian and Australian figures were widely pushed aside for a dollar dominated day. Uplifting for the Canadian dollar was a better than expected growth figure for the second quart
-US Leaders Help To Support Risk Environment -UK Consumer Confidence Remains High US Leaders Help To Support Risk Environment Aside from US economic figures, the US dollar (and the risk taking environment for that matter) was boosted by positive sta
The GBPCHF has traded within a fairly large range through the medium term, and nearby resistance offers solid risk-reward on a medium term play. Clearly, a stop of 170 pips requires a minimal position size to avoid catastrophic losses. Trading Tip -
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
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