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EU Morning Report- Euro remains under pressure

posted by Avatar Ving 1 day 23 hours ago in USD, EUR, GBP, CHF, CAD, AUD

Oil edged higher to 91.50 dollars a barrel from 89.80. Gold (XAU) climbed to 1577.87 dollars an ounce from 1551.79 but later it gave up its gains to trade at 1551.12 and against the euro it rose to 1244.10 from 1241.10. Silver (XAG) rose to 28.53 ... read more
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Indonesia - Market Factors to watch - May 22

posted by Avatar Ving 5 days ago in USD, EUR, JPY, CAD made popular 5 days ago

JAN-APRIL STEEL OUTPUT DOWN 50 PCT TO 1.5 MLN TONNES The Indonesian Iron & Steel Industry Association says domestic steel production from January to April reached 1.5 million tonnes, down 50 percent from 3 million tonnes in ... read more
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USD/BLR sneaks higher, resistance at 2.0750 - BBH

posted by Avatar Ving 5 days ago in USD

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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USD/CAD prints new 4 month high at 1.0178

posted by Avatar Ving 9 days ago in USD, CAD made popular 9 days ago

The leading indicators index and the Philadelphia Fed manufacturing index came out worse than expected, falling by 0.1% and reaching -5.8 (instead of 0.1% and 10), respectively. Initial and continuing jobless claims increased to 370K and 3.265M, ... read more
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UK March Visible Trade Gap Unchanged At GBP 8.6 Bln

posted by Avatar Ving 11 days ago in USD, EUR, GBP, Analysis, Economic Indicators

The UK trade deficit came in at GBP 8.6 billion in March, unchanged compared with February, the Office for National Statistics said Tuesday. The expected shortfall was GBP 8.4 billion. The visible trade deficit with EU nations widened to ... read more
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USD Pulls Back Though April Consumer Confidence Jumps To 4-year High

posted by Avatar Ving 15 days ago in all, USD, CAD

By DailyFX 05/11/12 - 10:57 AM EDT By Trang Nguyen, THE TAKEAWAY: May U. of Michigan Confidence Final Index Surges to 77.8 > Americans Appeared Optimistic about the State of the Economy > USD/CAD Extend Loss Confidence among US consumers hit four-year ... read more
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AUD/USD dips to 1.0050

posted by Avatar Ving 16 days ago in AUD made popular 16 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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Survey Finds High Consumer Demand for Rumored iPad Mini

posted by Avatar Ving 20 days ago in Economic Indicators

When asked what they would be willing to pay for such a device, just over half at 52% would be satisfied by a price point in the USD $249-$300 range. 22% of respondents indicated they already own a tablet and well over half of them at 68% actually have ... read more
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European Stocks Seen Opening Soft After Spain Downgrade

posted by Avatar Ving 30 days ago in USD, EUR, JPY

Japan's Nikkei index is down 0.6 percent after the Bank of Japan kept the benchmark interest rate unchanged at 0-0.1 percent and increased the total size of its asset purchase program by JPY 5 trillion to JPY 70 trillion with some changes in its ... read more
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GBP/USD Weekly Fundamental Analysis April 23-27, 2012, Forecast

posted by Avatar Ving 36 days ago in USD, GBP made popular 35 days ago

This pair makes for good trades, with the new austerity program implemented in the UK, the GBP is moving more on Fundamentals now. Economic data from UK indicated that, the country's retail sales rose by 1.8 percent in March compared to previous ... read more
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European Factors to Watch-Shares seen mixed, focus on Spanish auction

posted by Avatar Ving 38 days ago in all made popular 38 days ago

Spain relaxed its deficit targets earlier this month, while data showed on Wednesday that banks' bad loans surged to their highest since October 1994 in February, with sliding house prices and a looming recession hurting the sector. read more
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Euro Hits 1-Week High vs. USD

posted by Avatar Ving 44 days ago in EUR, AUD

Should any of the news come in above analyst expectations, higher yielding currencies, like the AUD, could see additional gains. The price of crude oil saw a healthy boost during the afternoon session yesterday, following a drop in US crude oil ... read more