posted by
FiboFX
1461 days ago
in USD, EUR, Technical
The pair was higher yesterday as global stocks were in positive territory most of the day and traders anticipated the FOMC minutes. Even as stocks turned lower, the Dollar remained in negative ground as the FED signaled it may buy more assets to
posted by
dotcom
1461 days ago
in USD, Fundamental
The dollar fell to its lowest in almost five months against a basket of currencies on Thursday, extending a slide from the previous day after the Federal Reserve said it considered buying more securities at its last policy meeting.
posted by
pipOhoLic
1461 days ago
in NZD, Fundamental
Credit card billings rose in April, pointing to a tentative improvement in consumer sentiment, Reserve Bank data showed.
posted by
currencyplus
1461 days ago
in USD, Fundamental
Some Federal Reserve officials judged last month that the US central bank may need to boost its purchases of assets to secure a stronger economic recovery, while all policy makers agreed to hold off on such a move at the time.
posted by
twilight
1461 days ago
in USD, NZD, Fundamental
The New Zealand dollar climbed to its highest level against the greenback in more than a week above US61c early today but then lost much of its overnight gains.
posted by
Nica
1461 days ago
in JPY, Fundamental, Consumer
Japan’s Cabinet Office said today (Wednesday) that economic output fell to its worst levels ever, tumbling an annualized 15.2% in the first quarter, as the worst recession in 60 years hammered exports and consumer demand.
posted by
makino
1461 days ago
in USD, Fundamental, Employment
Americans could face higher unemployment for some time to come, President Barack Obama warned on Wednesday, underscoring the tough challenges the country faces even as the economy shows signs of stabilizing.
posted by
tradingpip
1462 days ago
in USD, Fundamental, Employment
President Barack Obama, speaking to a high-level advisory panel of economic experts, said Wednesday that U.S. financial markets had improved recently but he was concerned the country would face higher unemployment for some time.
posted by
Gimmy
1462 days ago
in USD, Fundamental, GDP
Central bank now expects unemployment to rise to a range of 9.2% to 9.6% this year. Fed also predicts a sharper decline in GDP than it had forecast in January.
posted by
recessionfear
1462 days ago
in Fundamental, Daily
Yesterday's round of European data brought yet further evidence of a stabilisation in economic conditions with the leading German ZEW index coming in well ahead of expectations.
posted by
crunchy
1462 days ago
in Technical, Trading Psychology
There was a moving average crossover for a short trade. RSI was greater than 50, stochastics were trending up and MACD went from negative to positive. This was a valid entry.
posted by
fxcashmonster
1462 days ago
in NZD, Fundamental, Employment
Figures released by the Ministry of Social Development show 5085 people in the Manukau region received the unemployment benefit in the year ending March 2009, compared to 2384 people in the year ending March 2008.