Trading Week Outlook: Apr. 30 - May 4
6. USD- US ADP Employment Report, a measure of job creation in the private sector of the US economy, Wed., May 2, 8:15 am, ET. Private sector job creation is forecast to slow with up to 175K jobs added in April compared with 209K jobs in March. 7.
USD Decline Accelerates on Weak GDP- BoJ Fails to Weaken JPY
The BoJ cited expectations for consumer prices to rise 0.7% from March 2013 to 2014 with Japan seen reaching its 1% target inflation soon after. Central Bank governor Massaki Shirakawa noted that the move aims to strengthen the positive momentum in ...
US Economy Grows Slowly, Only 2.2%, Dollar Retreats
The first release of US GDP for Q1 2012 shows a growth rate of 2.2%. Estimates stood on an annual growth rate of 2.6%, after a strong rise of 3% in Q4 2011. This is a big disappointment.Also the secondary figures were lower than expected: Emp
Netherlands Reaches Surprise Budget Breakthrough
Gold is stuck in 1550/1850 consolidation and... Jordan: I'm agree with you alx, I don't expect higher levels in AUD/USD. (DonMar) FxTrrendsTrader: (UK) The GBP/USD regained its composure after Wed poor GDP data to hit fresh 6-month highs...
Global Market Watch
The US stock market on Wednesday opened higher on strong earnings results from Apple and Boeing and then added to its gains after the Fed said it expects economic growth to gradually accelerate and as they hiked their 2012 US GDP forecast to 2.4% to ...
FOMC Review: Fed Leaves Door Open for QE3
Last Tuesday, I gave ya'll a checklist of things to keep an eye on for this week's FOMC statement. Let's take a look at that list and see what the Fed had to say about each of those issues.
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
The US dollar weakened against most major currencies following a two-day policy meeting that finished on Wednesday. At the meeting, Fed Chairman Ben Bernanke said policymakers were ready to launch another round of bond buying if the US economy weakened ...
'Reforms were easier to do in 1989'
The Prime Minister's Economic Advisory Council had projected the current account deficit (CAD) at 3.6 per cent of the GDP for FY13.What do you foresee keeping in mind a ballooning trade deficit? In 2011-2012, we will end up with a CAD in the ...
QE3 Still an Option
The piece of the puzzle and the spin that had economists talking was the goods shipped portion, which is one of the components in calculating GDP. The gauge of shipped goods actually increased 2.6% and has some calling for a higher than expected ...
Euro Declines after Downbeat Confidence Data and Italian Bond Sale
The industrial and services sentiment deteriorated as well in April, especially after the downbeat performance of the manufacturing and services sectors, which contracted sharply. The industrial confidence index remained negative at -9.0, ...
eurozone economic sentiment down april 2012
The Economic Sentiment Indicator (ESI) remained stable in April in the EU at 93.2. In the euro area it decreased significantly by 1.7 points (to 92.8),
Trade Idea Central, Thursday April 26th
By Sean Lee || April 25, 2012 at 21:29 GMT If you'd like to share your trading ideas with others, or update existing strategies, then please do so in this thread. Do you have a tv to watch the playoffs down there Sean ? Buy USDSEK, USDNOK, USDCHFand ...


