Initial Weakness in Dollar and Yen Post G7
Markets were still in an indecisive mode. Disappointing manufacturing and job data from US did send stocks and treasury yields sharply lower last week.
AUD/USD Outlook – October 5-9 2009
After reaching new highs and retreating, a very busy week awaits the Aussie. A rate decision, employment figures and 4 other indicators are released during the week. Here’s an outlook for major events in Australia, and an updated technical analys
Australian & New Zealand Weekly : RBA to Signal Rate Hike
The Reserve Bank Board meets on Tuesday, October 6 next week. We do not expect the Bank to change rates at that meeting. However we do expect the associated Statement from the Governor to set the scene for a tightening at its next meeting on Nove
Scotland leads UK in house price rises
HOUSE prices in Scotland rose 3.4 per cent over the past three months, according to Britain's biggest building society the Nationwide, leaving prices just 1 per cent lower than a year ago, making Scotland the best performing area of the UK.
Silver Prices Recover Slight Portion of Prior Week Losses
Silver enjoyed weekly gains, albeit slight, following last week’s trouncing when the metal lost more than 5%, breaking a four-week winning streak and falling from 2009 highs.
Forex Weekly Outlook – October 5-9 2009
This week’s major events are rate decisions in Britain, Europe and Australia, employment figures and trade balance releases in many countries. After a week full with American releases, the limelight moves away from the US. There are lots of major
The Weekly Bottom Line
U.S. Consumer spending was up a stunning 1.3% in August, the sharpest increase in over 8 years, but was fuelled by the cash for clunkers program. A sharp 35% drop in auto sales in September suggests we will not have a repeat performance.
Euroland: German Unemployment Declines
German unemployment declined to 8.2% in September from 8.3% the previous month. The decline is the result of special effects from new labour market policy instruments.
Japanese Yen Commentary for the week of 09/25/2009
The Japanese yen powered to a 7-month high versus the US dollar in the holiday-shortened week ending up 1.8% against the greenback.
Canadian Dollar Commentary for the week of 09/25/2009
The Canadian dollar ended the week down 2.1% against the US dollar weighed down by a drop in energy prices earlier in the week.
US Dollar Commentary for the week of 09/25/2009
While the hemorrhaging in the USD took a pause with the dollar index up 0.3% for the week, there remain many who think the greenback faces significant new lows ahead.
Forex Market Update for September 28, 2009
USAD Index showing signs of strength and this could see a number of the major pairs reverse.1.4591 ( 18 day PMA from VP) is major support euro/usa and a sustained break of this area will take the pressure off the topside and target a move bac


