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Storming Aussie employment data, but China trade data halts AUD

posted by Cittiperth 227 days ago in GBP, AUD made popular 226 days ago

He was of the opinion that inflation will cool in 2012, just in time for the Olympics! His comments on the economy echoed those we heard from BOE's Dale who expressed concern about UK growth prospects for the rest of the year. GBP traded sidelined for ...

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REITs Are Set for More Bond Sales as Record Debt Comes Due: Japan Credit

posted by Cittiperth 234 days ago in JPY made popular 234 days ago

Declines in Japan's land prices slowed for the second year, helped by housing demand before the temblor that was driven by tax incentives for home buyers amid low interest rates, a government report last month showed. The Bank of Japan, which has kept ...

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GBP/USD: The pair finished the session higher

posted by Cittiperth 240 days ago in USD

In addition to that, the USD index resumed its decline and settled the session down around 0.7% after Fed's Bernanke said the central bank might need to ease monetary policy further if inflation or inflation expectations fall significantly. ...

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Dollar Stays Down Vs. Rivals On Stronger Market Sentiment

posted by Cittiperth 242 days ago in EUR made popular 242 days ago

... with EUR/USD rising 0.62% to hit 1.3618. Market sentiment was boosted by speculation that European officials are examining ways to enlarge the capacity of the euro zone's bailout fund, but expectations were tempered earlier after Spain's economy ...

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EUR/USD: the pair was nursing a net loss of around 300pips

posted by Cittiperth 246 days ago in EUR, GBP made popular 246 days ago

Also of note, the Telegraph reported that weaker growth prospects, lower tax receipts and higher unemployment than official forecasts allow for have raised major doubts that George Osborne's target of reducing borrowing to GBP 122bln in 2011/12, ...

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Euro Falls Most in a Year on Greek Financial Distress, ECB; Dollar Surges

posted by Cittiperth 260 days ago in EUR made popular 260 days ago

By Allison Bennett - Sat Sep 10 04:00:11 GMT 2011 The euro had its biggest loss against the dollar in more than a year on speculation the European Central Bank will cut interest rates amid record Greek bond yields and the region's deepening debt crisis ...

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Asian stocks down on dreary US jobs data

posted by Cittiperth 265 days ago in USD made popular 265 days ago

The unemployment rate held steady at 9.1 percent. The rate has been above 9 percent in all but two months since May 2009. The Dow Jones industrial average lost 253.31 points to close at 11240.26. It was the biggest fall in two weeks. ...

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Currency Futures Speculators turn bearish on Euro, trim Yen longs

posted by Cittiperth 265 days ago in EUR, NZD made popular 265 days ago

The August 9th drop to the 29723 level marked the lowest level for Australian dollar speculative positions since November 2010. NZD: New Zealand dollar futures positions fell for a fourth consecutive week to a total of 16565 net long contracts on ...

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Canadian dollar rises, sharp drop in exports drags down Q2 economic performance

posted by Cittiperth 269 days ago in CAD

A Canadian dollar coin, or loonie, and an American dollar sit in front of a scale in Quebec City, in this April 7, 2010 photo. THE CANADIAN PRESS/Jacques Boissinot TORONTO - The Canadian dollar was higher Wednesday amid data which showed that the ...

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Australian Dollar Rises to Three-Week High as Asian Stocks Gain

posted by Cittiperth 272 days ago in AUD, NZD

It gained 0.4 percent to 64.70 yen. Benchmark interest rates are 4.75 percent in Australia and 2.5 percent in New Zealand, compared with as low as zero in the US and Japan, attracting investors to the South Pacific nations' higher-yielding assets. ...

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USD To Face Sideways Price Action Ahead Of Major Event Risks

posted by Cittiperth 274 days ago in USD, AUD made popular 274 days ago

In turn, the near-term rebound in the AUD/USD could gather pace in the days ahead, and the exchange rate may continue to retrace the sharp decline from earlier this month as the RBA remains fairly optimistic towards the economy. ...

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USD Breaks Out Of Bearish Pattern, Sterling To Threaten Rebound

posted by Cittiperth 275 days ago in USD, GBP, Economic Indicators made popular 275 days ago

As the economic docket remains pretty bare for the remainder of the day, risk sentiment should heavily influence the USD, but the reserve currency looks poised to consolidate going into the end of the week as the relative strength index approaches ...

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