posted by
eddie
4 days ago
in USD, EUR, JPY, CAD, AUD, NZD
The USD recent rally has been mainly driven by investor expectation the US Federal Reserve will soon end its economic stimulus program following such positive and encouraging US economic data. So it's expected that if Mr Benanke drops even the ...
posted by
inflationcoming
4 days ago
in EUR
For the past month, investors have been selling euros and buying dollars on the premise that the Eurozone is in recession, U.S. is in recovery and the ECB is considering more stimulus at a time when the Fed is considering less. All of these assumptions ...
posted by
GAINSY
4 days ago
in EUR, GBP, Technical
Although the single currency rebounded after falling to 0.8420 last week, if our view that top has been formed at 0.8516 last week is correct, upside should be limited to 0.8480 and bring another decline, break of said support would add credence
posted by
GAINSY
4 days ago
in EUR, JPY, Technical
Despite intra-day brief fall to 130.93, as the single currency found good support there and has rebounded, suggesting consolidation within 103.93-132.78 (last week's high) would be seen with mild upside bias for another rebound, however, break...
posted by
chuzzle
4 days ago
in EUR
Now reduced to 0.5%, a record low, the cost of money could even decrease more when the latest statistics indicate that the monetary union is sinking into recession. In contrast, the U.S. economy grew by +2.5% year over year. The labor market is ...
posted by
JoryEd
4 days ago
in USD, EUR, JPY
The euro/USD (FXE) broke down from a month-long trading range and drifted lower last week. At the same time, European ... April, the inflation rate was 1.2%. Inflation is the ECB's primary objective and it will likely need to act to ward off the threat ...
posted by
xjessicax
4 days ago
in USD, EUR, JPY, CAD, AUD, Economic Indicators
Of course, there was much else going on besides Canadian retail numbers, but with the CAD hovering at the big figure of 1.03, it could act as the catalyst to either break or bounce off of it. (Click to enlarge). In the wake of the U.S. Housing Starts ...
posted by
FXTimes
4 days ago
in USD, EUR, Technical
Breakout, pullback: The EUR/USD fell below 1.28 briefly last Friday but closed above it and has been recovering from there since. The 5/20 session so far has brought the pair back to 1.2877. Although there is no bottom yet, price action did break
posted by
strawberry
4 days ago
in EUR, CHF
BoJ Gov Kuroda: natural for long-term yields to rise as inflation expectations pick up. Kyodo: Support for PM Abe edging down (70.9% vs ... EUR/CHF is well off the recent highs helped by the generally softer USD tone. Fairly quiet on the Scandies, EUR ...
posted by
Anderson
4 days ago
in USD, EUR, JPY
It was a rough week for the EUR/USD, as continued speculation of the Fed tapering QE purchases and worries of economic growth in Europe continued to put pressure on the pair throughout the week. When all was said and done, the pair finished the week ...
posted by
ceronueve
4 days ago
in USD, EUR
This was a short lived correction however, and the rest of the week was marked by a declining euro. Negative news regarding the euro and European economies continued to come during the week. The German and EU GDP came out worse than expected ...