AUD Roars As Buyers Re-Emerge
You would have been forgiven after seeing the massive 6% drop in the Nikkei yesterday to expect to walk in today after a night of equity market carnage and it might have gone that way but for an unexpected dip in jobless claims and much better th
First Drop of EUR/USD This Week
Today, EUR/USD dropped for the first time this week as some of US economic reports were better than expected. At the same time, many reports were not as good as traders have hoped for and the currency pair is attempting to rebound at the present
Stiglitz: Fed Fell into Trap of QE
It looks like we are on for a big whacking bubble to burst and this time it looks like it will hurt for a long time. What’s to blame this time?
Positive US Indicators Bring CAD Higher
The Canadian dollar rallied today as positive macroeconomic data from the United States improved prospects for Canadian exports, increasing the appeal of the nation’s assets. The currency remained below the opening level against the Japanese yen
Positive Australian Employment Data Boosts Aussie
The Australian dollar jumped today after employment data turned out to be much more positive than was expected by Forex market participants. The report allowed the currency to gain against the US dollar and the euro, while against the Japanese ye
Stock-Market Crashes Through the Ages – Part II – 19th Centu
Here are the best (or the worst, depending on which side of the fence you are sitting) examples of stock-market crashes of the 19th century from the mammoth list that could be mentioned. The majority took place in the USA, which was at the heart
EUR/USD Retreats After Reaching Highest Since February
EUR/USD climbed to the highest level since February today, but retreated later. The drop was caused by good reports from the United States that supported the outlook for an end to Federal Reserve’s quantitative easing.
Retail Sales Better than Expected in May
U.S. consumers remained undeterred even in the face of a weaker labor market in the second quarter. Retail sales improved a better-than-expected 0.6 percent in May, with retail sales less autos improving 0.3 percent.
Asset Price Recalibration Has The EUR And JPY In Demand
There is nowhere to run and nowhere to hide from the unwinding of quantitative easing, or so it seems? Vast amounts of monies continue to scour the various asset classes looking to book a good yield - for many players it's their only sanctuary.
Euro Steadies Higher, JPY Resumes Rally Vs. USD
The euro traded near 3 ½ month highs against the dollar on Thursday but market sentiment remained fragile ahead of German Constitutional court ruling regarding the legality of the European Central Bank's bond-purchasing program.
BOE Economsits See Risk Of U.K. Inflation Expectations Fadin
Economists at the Bank of England said the risk of U.K. inflation expectations is fading, suggesting that more than three years of above-target rate "could cause inflation expectations to become less well anchored."
European Market Update
Europe wobbles a bit following China's return after 3-day holiday; Plethora of key US data to gauge Fed tapering sentimentNotes/Observations
World Bank cuts 2013 GDP growth forecast to 2.2% from 2.4% prior; Far East markets react


