EUROPEAN SESSION UPDATE: Top German court to review the bond purchase program partially responsible for a thousand point rally; Kuroda says watching long term loan rates…
Posts Tagged ‘point’
Euro Rises as Merkel Says Government Will Argue Before Court in Favor of OMT
June 14th, 2013 
admin Yen Sold as Markets Digest Volatility, UK Jobless Claims on Tap
June 14th, 2013 admin The Japanese Yen corrected lower as risk sentiment trends digested after yesterday’s blood-letting. S&P 500 index futures point to more of the same ahead
Posted in Forex Latest News, Forex News 
Tags: digested, index, japanese, letting, lower, point, sentiment, yen 
No Comments »Bunds Rise on Global-Growth Concern; Italian Bonds Gain
June 14th, 2013 admin German government bonds rose, with 10-year bunds advancing for a third day, after the World Bank cut its global-growth forecast and a slide in stocks spurred investors to seek safer assets. Austrian and Dutch securities gained with other so-called semi-core securities amid concern the Federal Reserve is moving toward reducing its program of monetary stimulus, known as quantitative easing
April US Consumer credit $11.1bn vs $12.00bn exp
June 8th, 2013 admin Prior $7.97bn. Revised to $8.40bn Revolving credit (credit cards etc) +$682.3m vs -$906.4m in March Non revolving credit (car, student loans) $10.4bn vs $9.3bn in March The increase in revolving credit can point to loosening of consumers purse strings as it can be said that consumers feel more comfortable borrowing to spend
Posted in Forex Latest News Tags: car, comfortable, loans, point, purse, revised, revolving, spend, strings No Comments »Canada Consumer Price Index, April 2013
May 19th, 2013 admin The Consumer Price Index (CPI) rose 0.4% in the 12 months to April, following a 1.0% increase in March. Declining gasoline prices were largely responsible for the 0.6 percentage point difference in the 12-month change in the CPI.
Posted in Forex News Tags: april, consumer, cpi, increase, months, percentage, point, price, responsible, vehicles No Comments »Trade of the Day for May 3rd – Buy AUD Bounce
May 5th, 2013 admin Traders are attributing recent AUD/USD weakness to two main factors – weakness in the economy in China weighing on commodities, and the potential for the RBA to cut rates at its meeting next week. However, a number of factors point to a potential reversal in AUD weakness
Posted in Forex News Tags: aud, contributors, entry, long, longer, point, potential, respect, return, stop, trade of the day, trader, trading, usd No Comments »Go long USD/JPY says RBS
April 23rd, 2013 admin RBS analyst Brian Kim says a “plain and boring” long USD/JPY trade is the best way to take advantage of the weakening yen after the G20 gave a free pass to the BOJ. He says further action from the BOJ could mark a tipping point that prompts Japanese institutional investors to push money offshore.
Euro and Gold Rebound as Risk-Off Sentiment Cools
April 18th, 2013 admin EUROPEAN SESSION UPDATE: EUR/USD erases a forty point decline in today’s session despite a disappointing German ZEW economic survey…
Posted in Forex Latest News, Forex News Tags: decline, disappointing, economic, forty, german, point, session, today, update, zew No Comments »EUR/USD – ECB Gives Cyprus Ultimatum
March 25th, 2013 admin The US dollar continues to put pressure on the euro in Friday trading, as the Cyprus bailout crisis worsens. Responding to Cyprus’ rejection of a bailout agreement, the ECB announced on Thursday that it would cease providing financial support to the country’s banks next week, unless a new agreement on a rescue package was reached. In economic news, there were a host of releases on Thursday
The cult of the superstar banker is alive and well | Nils Pratley on Saturday
March 15th, 2013 admin • Bankers’ elite club largely intact • Institute of Directors speaks out • How to unwind QE • Betting against the Pru Five years ago this week the banking crisis became serious.
Posted in World Financial News Tags: bank of england, banker, banking, pay, point, pru, ubs, unwind No Comments »Canada Industrial capacity utilization rates, fourth quarter 2012
March 15th, 2013 admin Canadian industries operated at 80.7% of their production capacity in the fourth quarter, down slightly from the 81.1% in the third quarter. The decline was a result of lower capacity utilization in the manufacturing sector
Posted in Forex Latest News Tags: canadian, capacity, decline, fourth, industries, lower, manufacturing, operated, percentage, point, production, quarter, result, sector No Comments »USD/CAD – Almost Unchanged as Markets Await BOC Announcement
March 5th, 2013 admin USD/CAD is showing little movement in Tuesday trading, as the pair trades in the 1.0270 range. The markets continue to nervously monitor the political crisis in Italy, which shows no signs of a breakthrough
Posted in Forex Latest News, Forex News Tags: cad, grillo, market pulse, pair, point, political, purchase, range, rate, release, trading, usd No Comments »GBP/USD – Fluctuating After Positive UK Services PMI
March 5th, 2013 admin GBP/USD is showing some movement in both directions in Tuesday trading.
Posted in Forex Latest News, Forex News Tags: actual, estimate, gbp, interest, italy, pmi, point, rate, tuesday, usd No Comments »EUR/USD….1.3018…..Weak Uptrend
March 4th, 2013 admin EURUSD: 1.3018 Short-Term Trend: weak uptrend Outlook: Our entry point at 1.3010 was elected last… For more information, read our latest forex news and reports
Posted in Forex Latest News, World Financial News Tags: elected, EUR/USD, forex, fxstreet reports, information, latest, news, point, reports, short, trend, uptrend, weak No Comments »GBP/USD – Pound Unsteady as Markets Cast Nervous Eye on Italy
February 27th, 2013 admin The British pound continues to show some fluctuation against the US dollar, as the markets digest the unwelcome news of an inconclusive vote in Italian parliamentary elections. With no party winning a majority, it will be tricky task forming a workable government.
