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Rupee slipped Vs dollar, ...

Indian rupee a new record weakness of international market and the domestic market has been battered condition. In the intern

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Swedish Krona Falls Despi ...

The Swedish krone fell today despite macroeconomic indicators showed that the nation’s economy is improving, reducing chanc

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EUR Loses to USD After Fe ...

The euro slumped against the US dollar as Federal Reserve Chairman Ben Bernanke said that the central bank will likely reduce

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EUR/USD Sinks After FOMC ...

FOMC did not change its monetary policy, but said that it looks like the economy this improving. Such view suggests that the

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Are EUR Bulls Prepared Fo ...

So far there have been no surprises - consolidation is the name of the game this morning before 'helicopter' Ben gets to his

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European Market Update ...

Risk appetite/aversion sentiment hinges on FOMC economic outlook

Notes/Observations

Japan exports r

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Bond-Purchase Vote 3-6 Fo ...

Policymakers at the Bank of England were split again on the outlook of monetary stimulus for the fifth consecutive month, but

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BoE Minutes: MPC Members ...

The Bank of England has released the minutes of the final policy meeting of Governor Mervyn King, held on June 5 and 6 where

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BOE Releases Minutes Of K ...

Global markets are in for a busy day with U.S Federal Reserve policy decisions, along with the minutes of the Bank of England

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Asian Market Update ...

China markets slump on liquidity concerns; Nikkei helped by improved Japan trade data; All eyes on the Fed

Econo

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Rosier economic picture spurs loonie upward

posted by Avatar Jason65 1427 days ago in CAD, Fundamental

The Canadian dollar jumped sharply against the U.S. dollar Thursday morning on renewed economic sentiment for the Canadian economy.  read more
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Brewer FX Daily Forex Commentary

posted by Avatar forexanalysis 1427 days ago in Fundamental, Daily

The U.S. Dollar is slipping a bit against the Euro overnight as the EUR USD continued to trade inside its almost 60 day range. Although it has been lingering at the top of the range, buyers have been reluctant to buy or sell heavily at this high  read more
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Euro and pound picks up bull rally-Jul 23

posted by Avatar pipOhoLic 1427 days ago in EUR, GBP, Fundamental

Euro tested 1.4160 before bouncing sharply with US futures. Once again trading above 1.4250 proved hard to sustain and the pair slipped into the close.  read more
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NY: Afternoon Forex Overview

posted by Avatar dennis 1427 days ago in Fundamental, Daily

The dollar edged lower against major counterparts in Asian trading Thursday, while it got a lift against the yen from data showing Japan's trade surplus surged last month.  read more
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USD Losses Ground as Stocks Match Gains Not Seen Since 2003

posted by Avatar kim221b 1427 days ago in USD, Fundamental, Daily

The USD extends a one month slide against the YEN, closing below a key technical formation, head and shoulder pattern could extend that move  read more
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US Jobless Claims +30K To 554K In July 18 Wk; Survey +43K

posted by Avatar kim221b 1427 days ago in USD, EUR, Fundamental

The number of U.S. workers filing new claims for state jobless benefits began climbing back up last week, confirming that the dramatic declines reported earlier this month weren't necessarily signs of an economic revival.  read more
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Dollar falls near 7-week low

posted by Avatar olivia 1428 days ago in USD, Fundamental

The dollar slipped on Thursday, edging close to a seven-week low against the euro and a basket of currencies as slight gains in European shares suggested risk appetite was holding up after a mixed bag of corporate earnings.  read more
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Industrial Metals Should Move Significantly Higher

posted by Avatar goldmint 1428 days ago in Fundamental, Metals

When someone talks about gold, the first thing that comes to mind, after a picture of a heavy shinny thing, is the word "inflation". The ordinary average investor/economist looks to gold as a barometer of inflation because price movements of gold  read more
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Gold Stockpiles Drive Price More than Annual Flows

posted by Avatar goldmint 1428 days ago in Fundamental, Gold

Scrap gold, and even mine-supply, aren’t really the big players in the (gold) market. There’s about 160,000 tonnes of gold in existence, and the world produces about 2000 tonnes of freshly-mined gold a year, and about 1000 tonnes is generated as  read more
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Daily Forex Commentary July 23 2009

posted by Avatar forexanalysis 1428 days ago in AUD, Fundamental, Daily

The Australian Dollar opens largely unchanged at 0.8160 after the domestic market's insipid reaction to yesterday's local inflation data which picked up in the June quarter by 0.5 per cent for a lower annualised reading of 1.5 per cent.  read more
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Bernanke Terrified Over Commercial Real Estate

posted by Avatar Alice 1428 days ago in Fundamental, Special

When a member of the Fed admits a problem, especially chairman Bernanke, you can rest assured the problem is far worse than what they admit.  read more
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Morning Forex Overview - July 23, 2009

posted by Avatar Reno 1428 days ago in Fundamental, Daily

The dollar and euro rose sharply against the yen in Asia Thursday as firm Asian shares lessened risk aversion, in spite of a weak Wall Street session. Speculation that Japanese funds may buy dollar- and euro-denominated assets this week also hurt  read more