posted by
FXTimes
601 days ago
in Fundamental, Housing, Manufacturing
Following a string of weak releases yesterday from the US including a slide in consumer confidence, housing prices, and disappointing manufacturing report the pendulum swung in the other direction with the US posting better-than-expected core dur
posted by
forexalliancecom
602 days ago
in NZD, Special, Manufacturing
On the heels of a dour report release by ANZ National Bank Ltd. the NZDUSD currency pair fell to a session low of 0.7937 – before recovering to trade at 0.7963 in the Asian midday.
posted by
FXTimes
602 days ago
in USD, Fundamental, Manufacturing
After a session in which US economic data came in weaker than expected, and ahead of Thursday's 3Q GDP report the focus of market participants will turn to Wednesday's durable goods orders report. Durable goods orders are important indicator, and
posted by
forexalliancecom
608 days ago
in AUD, Special, Manufacturing
Any temporary momentum for a move higher in AUDUSD evaporated following a pessimistic confidence report published by the National Australia Bank. The quarterly survey found that business confidence had fallen to an almost 1 1/2 year low – declin
posted by
FXTimes
610 days ago
in USD, Fundamental, Manufacturing
The Empire manufacturing index, our first look at the sector for October, was a disappointment as it showed another month of contraction, with the index coming in at -8.5 from -8.8 in September. The expectation had been for the index to improve t
posted by
FXTimes
616 days ago
in GBP, Fundamental, Manufacturing
The troubles for the UK economy continue as we had quite soft manufacturing data released overnight. Manufacturing production fell 0.3% in August, following a slide of 0.2% in July. That jives with the 49.4 reading from the manufacturing PMI we s
posted by
forexalliancecom
623 days ago
in AUD, Special, Manufacturing
It was no surprise when RBA Governor Glenn Stevens announced that the Australian central bank was keeping rates at the current 4.75% benchmark. What was surprising is that the central bank governor had hinted that rates may actually come down.
posted by
FXTimes
624 days ago
in GBP, Fundamental, Manufacturing
We finally get a positive fundamental report coming from the UK as the manufacturing PMI rose to 51.1 in September from August 49.4. It's the first reading above 50 for the manufacturing sector in the last three months. The 50 level separates exp
posted by
eToro
628 days ago
in Fundamental, Daily, Manufacturing
For the third consecutive month, China’s key manufacturing sector shrank last month, indicating that the second largest economy in the world is no more immune to global headwinds than any other. The slowdown underscores concerns that China won’t
posted by
FXTimes
635 days ago
in AUD, Fundamental, Manufacturing
The prospects for the global economy continue to deteriorate and in response we are seeing a partial liquidation in carry trade positions. The Euro, but also the Australian Dollar, saw a big brunt of the selling. It's the prospect of low or no-gr
posted by
forexalliancecom
643 days ago
in NZD, Special, Manufacturing
With all the hoopla surrounding the falling euro and declining Australian dollar, investors have lost sight of the New Zealand dollar. Usually unrecognized due to its economic size compared to Australia, the New Zealand economy has been showing
posted by
FXTimes
645 days ago
in Inflation, Retail Sales, Manufacturing
While attention continues to remain on Europe fundamental data from the US this week will be important as well. We will get fresh data on manufacturing, consumer spending and confidence, and inflation. Bringing the three of these together should