Negative Macroeconomic Data Makes Copper Weaker
Copper futures fell in London as negative macroeconomic data from around the world led to concerns that demand for the industrial metal will wane.
CAD Gains vs. USD & EUR on Economic Data, Flat vs. JPY
The Canadian dollar gained against the euro and the US dollar as macroeconomic data from the eurozone and the United States was bad. The currency was flat versus the Japanese yen.
Trade Idea – EUR/AUD, Fundamental and Technical
Trade idea for EUR/AUD. Looking at the fundamental and technical reasons for trading this pair.
EUR/USD Down on GDP Reports from Eurozone
EUR/USD declined today, extending yesterday’s drop, after the release of data about economic growth in the eurozone countries. France and Italy remained in recession, while the German economy barely managed to demonstrate growth. Eurozone gross d
U.S. Industrial Production Fell in April
US industrial production fell 0.5% in April 2013 and missed market expectations for a modest 0.2% decline. The bulk of downward surprise in April came from the manufacturing sector where production contracted by 0.4% in the month against expectat
GBP Rebounds On BoE Inflation Statement, Euro Falters As GDP
The euro fell to a six-week low against the U.S. dollar on Wednesday as data released from the euro area showed the eurozone economy contracted more than expected in the first quarter of 2013, raising speculations for another interest rate cut.
Euro-Area Extends Recession, Contracts More Than Forecast
The euro area stretched an economic recession as the sovereign debt crisis continues to take its toll on national output, where first-quarter Gross Domestic Product hit another negative tone, signaling the hoped-for recovery in late 2013 could be
U.K. Jobless Claims Drop In April, GBP Rebounds Before Infla
Before the release of the awaited BOE quarterly inflation report, U.K. unemployment data shows progress to continue the wave of upbeat data released recently, where the pound rebounded from two-week versus dollar...
Eurozone in Longest Recession Since Existence of Euro
In the Euro region as a whole, economic output fell 0.2% in the first quarter of 2013. In result of this, the Eurozone has found itself in it’s longest recession since the existence of the Euro.
Intervention Concerns Push Won Lower
The South Korean won declined today on speculations that the weakness of the Japanese yen will prompt nation’s policy makers to intervene in an attempt to push the exchange rate lower.
EUR/USD: Euro Continues To Trade Lower In The Asian Session
For the 24 hours to 23:00 GMT, EUR declined 0.39% against the USD and closed at 1.2936, after German ZEW economic sentiment disappointed investors along with slowed down in inflation figures across the Europe.
GBP/USD: BoE Inflation Report Eyed
For the 24 hours to 23:00 GMT, GBP fell 0.51% against the USD and closed at 1.5228.On the economic front, the Conference Board leading economic index in the UK rose 0.4% in April, following the similar rate of growth recorded in the previous


