posted by
yosoybeloved
1 day 21 hours ago
in JPY
made popular 1 day 19 hours ago
Prime Minister Shinzo Abe set out broadbrush outlines of the third of his three arrows of a plan dubbed Abenomics, which is intended to turn around years of deflation in the world's third-largest economy. The first two arrows a colossal ...
posted by
Evan
1 day 21 hours ago
in Commodities
made popular 1 day 21 hours ago
... business turnover of 21,223 lots. Similarly, the yellow metal for delivery in the August contract declined by Rs 131, or 0.50 per cent, to Rs 26,081 per 10g in 1,721 lots. ... Anand, an analyst. Globally, gold fell 0.7 per cent to USD 1,376.69 an ...
posted by
grink
1 day 22 hours ago
in NZD
made popular 1 day 22 hours ago
The EUR is likely to fall further and commodity currencies such as AUD, NZD and CAD are already in full retreat vs. U.S. dollar. The newly debased JPY, may turn out to be a little less vulnerable as Japanese investors typically repatriate funds during ...
posted by
GAINSY
1 day 22 hours ago
in USD, CHF, Technical
made popular 1 day 18 hours ago
Although current anticipated rally and the breach of this week's high of 0.9748 signal recent upmove has resumed and further gain to 0.9785-87 (50% projection of 0.9331-0.9748 measuring from 0.9578) cannot be ruled out, however, loss of upward...
posted by
GAINSY
1 day 22 hours ago
in USD, GBP, Technical
made popular 1 day 20 hours ago
Although cable has resumed recent decline after meeting resistance at 1.5323 yesterday, loss of downward momentum should prevent sharp fall below 1.5125-30 (61.8% Fibonacci retracement of 1.4832-1.5607) and reckon 1.5113 (50% projection of...
posted by
GAINSY
1 day 22 hours ago
in USD, EUR, Technical
made popular 1 day 19 hours ago
Although the single currency has resumed recent decline after meeting resistance around the Kijun-Sen and near term downside risk remains for recent decline to extend further weakness towards 1.2790, loss of downward momentum should...
posted by
GAINSY
1 day 23 hours ago
in Fundamental, Inflation, Consumer
made popular 1 day 22 hours ago
The unadjusted all-items Canadian CPI index fell 0.2% in April, bringing the annual inflation rate down to 0.4% from 1.0% in March. On a seasonally adjusted basis, consumer prices fell 0.4%.
posted by
GAINSY
1 day 23 hours ago
in USD, Fundamental
made popular 1 day 22 hours ago
Recent rallies in Non-USD currencies resulting from poor US data have not lasted long. And those rallies resulting from strong US figures via the indirect effect of rallying equities (risk-on) have not lasted either. Broadening pro-USD sentiment
posted by
GAINSY
1 day 23 hours ago
in Fundamental
made popular 1 day 21 hours ago
Fed in focus with FOMC minutes and high-level Fed speeches.
Global flash PMIs - we expect a flat Chinese PMI but improvement in Germany.
German IFO expectations have less upside than the PMI.
posted by
xjessicax
1 day 23 hours ago
in USD, CAD
made popular 1 day 21 hours ago
Yesterday the US Commerce department reported that new housing starts across the country fell by 16.5% in April. A slowdown in the US housing market and the construction sector in particular can hurt Canadian lumber exports. Comments by a US Federal ...
posted by
MMarquit
1 day 23 hours ago
in USD
made popular 1 day 23 hours ago
US dollar is heading higher today, surging on the latest news from the Federal Reserve. Comments about the Fed’s quantitive easing program — and its potential end this year — are lending strength to the greenback.
posted by
hanayoridango
1 day 23 hours ago
in CAD, Economic Indicators
made popular 1 day 20 hours ago
These numbers point to weak activity in the Canadian economy, and could increase speculation about a rate cut by the Bank of Canada. US releases have looked unimpressive this week, and Thursday's events did not bring any relief. Core CPI posted a weak ...
