Switzerland’s Trade Balance data disappointed as it crossed the wires at 1.38B SF versus 2.85B SF.
Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, May 13 2014: EUR net short 2K vs long 32.5K prior JPY net short 65K vs short 61K prior GBP net long 32K vs long 41K prior AUD net long 17K vs long 8K prior CAD net short 26K vs short 32K prior CHF net long 7K vs long 13K prior NZD net long 19K vs long 21K prior What makes me happiest about this report is that there were significant shifts in almost every currency.
The USD took an early hit during the NY trading session after US April retail sales disappointed,…
Those hoping to replace Pluto with a new planet may be disappointed with news about the hypothetical “Planet X.” The gas giant looming in the outer reaches of our solar system was nowhere to be found as NASA’s Wide-field Infrared Survey Explorer observed millions of objects but no sign of Planet X.
MARKET SNAPSHOT: CAD: Retail sales disappointed coming in less than expected on Friday whilst CPI… For more information, read our latest forex news and reports