Moneylet.com where you decide financial news!
Moneylet.com where you decide financial news!
Credits
Currency Currents
gregory 14 hours ago (via fxstreet.com)
Batten Down the Hatches – It should be a wild one! First, the European Central Bank is set to announce their latest interest rate decision very shortly. Second, US Non-farm payrolls are reported 45 minutes after that. Expectations: The ECB hikes by 25 basis points and moves to a more neutral tone with monetary policy. US Non-farm Payrolls, in the wake of yesterday’s poor ADP numbers, ha
0 Comments - More Info - Bury Topic: Forex
Credits
July 7th - 11th, 2008
gregory 14 hours ago (via fxstreet.com)
Import Price Index (June, Friday 8:30) F: 1.6% C: 1.8% P: 2.3% Rising energy prices and dollar weakness continue to boost import prices. On a year-over-year basis, import prices have risen at double digits rates, reaching 17.8% in May, the highest since April 1989. Higher import prices inflation posse an important risks to core CPI outlook. However, this risk may be counterbalanced by the current
0 Comments - More Info - Bury Topic: Forex
Credits
Asian Session - FX Markets Seaching for Clues
gregory 14 hours ago (via fxstreet.com)
Market Brief Usd is stronger against every major currency in the Asian session as speculation grows that the G8 meeting will focus on record high oil prices. EurUsd continued to decline from Thursdays sell-off, sliding to 1.5623 (on rumors that German bonds were to be redeemed rather then re-invested) while UsdJpy traded to 107.52 (7 day high). GbpUsd dropped from 1.9820 to 1.9722 as the market be
0 Comments - More Info - Bury Topic: Forex
Credits
Dollar Rallies after NFP - How Much Further Can it Rise?
gregory 14 hours ago (via fxstreet.com)
Euro Collapses as Trichet Proves to be a Big Disappoint British Pound: Economic Data Continues to Worsen Dollar Rallies after NFP - How Much Further Can it Rise? Non-farm payrolls were right in line with expectations, triggering a broad based dollar rally. Even though the US economy saw a net job loss for the sixth consecutive month, the sheer fact that non-farm payrolls was no where near -100k, w
0 Comments - More Info - Bury Topic: Forex
Credits
Yesterday, the Greenback experienced a major slide against a large basket of currencies
gregory 14 hours ago (via fxstreet.com)
Yesterday, the Greenback experienced a major slide against a large basket of currencies as it lost at least 0.5% against the Queen currencies (EUR, GBP, AUD, NZD) and around 1% against JPY, CAD and CHF. The USD fall seems to be attributed to general market trends continuing with oil trading to new highs and domestic equities falling as the DJ erased all of its gains from the day before. From yeste
0 Comments - More Info - Bury Topic: Forex
Credits
One just has to wonder
gregory 14 hours ago (via fxstreet.com)
On July 3rd, the European Central Bank decided to hike the rates by 25bps to 4.25% as might have been widely expected. The ECB's stance was accepted as neutral,or slightly negative that further rate hike would not be considered in the near future. In recent high liquidity markets the EUR/USD immediately reacted by falling sharply over 200 pips. At the same time “the USD vs the low yields” surp
0 Comments - More Info - Bury Topic: Forex
Credits
Asian Session - FX Trading Subdued
gregory 14 hours ago (via fxstreet.com)
Market Brief FX markets were relatively stable in Asian session as yesterday’s volatility seem to have driven more then just the US participant to start their weekend early. EurUsd climbed tentatively back above the psychological 1.5700 level while UsdJpy bounced around 106.60 / 106.80 levels. Carry trades picked up a slight intraday upwards trend with EurJpy moving from 167.25 to 167.84 and Aud
0 Comments - More Info - Bury Topic: Forex
Credits
Will the G8 Meeting Impact the US Dollar?
gregory 14 hours ago (via fxstreet.com)
Euro: No Bias Equals No Action British Pound Faces BoE Rate Decision Will the G8 Meeting Impact the US Dollar? With the stock and bond markets closed for Independence Day in the US, the foreign exchange market was extraordinarily quiet. The dollar has fluctuated within a tight range against the Euro and Japanese Yen as the non-committal nature of the Federal Reserve and the European Bank leave lit
0 Comments - More Info - Bury Topic: Forex
Credits
7-11 July 2008
gregory 14 hours ago (via fxstreet.com)
The Weekly Overview shows significant economic events during the Week 07 July – 11 July 2008
0 Comments - More Info - Bury Topic: FX Economic
Credits
Daily Forex Overview
gregory 14 hours ago (via fxstreet.com)
Previous session overview On Friday, the dollar ended little changed against most of its major rivals. On Friday, EURUSD trading found a new equilibrium. There was no follow thorough price action after Trichet signaling on Thursday that the ECB doesn't have the a priori intention to raise rates in the months to come. The pair held a sideways trading pattern in the 1.57 area and closed the session
0 Comments - More Info - Bury Topic: Forex