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Great British Pound vs. Japanese Yen (2009-11-02)

posted by Shawn 937 days ago in JPY, GBP, Technical made popular 937 days ago

The GBP/JPY pair has collapsed downwards, supporting the negative overview over short term basis.

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Copper seen rising after GDP shot in the arm

posted by Shawn 940 days ago in USD, Fundamental, Metals made popular 940 days ago

Shanghai copper prices were seen rising 3 percent or more on Friday after London futures jumped 3.7 percent in the previous session on stronger-than-expected U.S. growth data for the third quarter.

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Homeowners should brace for increased debt

posted by Shawn 941 days ago in CAD, Inflation, Housing made popular 941 days ago

BANK OF CANADA governor Mark Carney has repeated his concern that Canadians may be getting in over their heads in the purchase of homes, saying the government has ways of slowing the market.

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Euro turns negative vs dollar, trades below $1.50

posted by Shawn 943 days ago in USD, EUR

The euro surrendered gains against the U.S. dollar on Monday, falling to session lows, as riskier assets such as U.S. stocks pared gains while commodities fell.

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Euro zone inflation seen negative again in Oct

posted by Shawn 946 days ago in EUR, Inflation

Euro zone inflation remained negative for the fifth month in a row in October on the back of falling energy and food prices, preliminary numbers are expected to show next week.

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Euro vs. Great British Pound Morning Report (2009-10-21)

posted by Shawn 949 days ago in EUR, GBP, Technical

Supported around the pivotal support level of 0.9070, the royal pair proved that it's on the way to form the internal [b] of the bigger 4th while forming the allover impulsive wave.

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EU: Apples Earnings Keep Risk Appetite High

posted by Shawn 950 days ago in EUR

USD was on the back footing again, as Wall Street’s rally spilt over to Asian regional indexes. Risk correlated FX trades are moving lock in step with risk appetite.

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UK Claimant Count Data Due

posted by Shawn 956 days ago in EUR, GBP, Fundamental

Wednesday, major reports due for the day include UK labor market statistics and Eurozone industrial production.

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Irish Building Activity Drops Fastest Pace Since May

posted by Shawn 958 days ago in EUR, Fundamental, Housing made popular 957 days ago

Irish construction activity dropped at the fastest pace since May last month as the economy grappled with its worst recession in more than eight decades.

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Dollar on defensive, Aussie hovers near 14-mth high

posted by Shawn 963 days ago in USD, AUD

The dollar was on the defensive on Wednesday while higher-yielding currencies such as the Australian dollar held near their 2009 highs, buoyed by investors' search for returns.

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Crude oil rises as dollar weakens

posted by Shawn 964 days ago in USD, Oil

November crude futures rose on Tuesday, helped by a fall in the dollar after a report Gulf Arab states were in talks to replace the U.S. dollar with a basket of currencies in oil trading.

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Euro inflation sinks to minus 0.3 pct

posted by Shawn 969 days ago in EUR

Yearly inflation in the 16 nations that use the euro slipped deeper into negative territory in September, sliding to minus 0.3 percent from minus 0.2 percent in August, according to the EU statistics agency Eurostat.

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