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Euro zone sales tumble at Christmas, no sign of growth

posted by Avatar babyblue 8 days ago in all

Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the ...  read more
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Euro-Region Producer-Price Inflation Slows as Growth Weakens

posted by Avatar babyblue 9 days ago in USD, EUR, JPY, CAD, AUD, NZD made popular 9 days ago

The European Central Bank cut its benchmark interest rate a second time in two months and President Mario Draghi said on Jan. 12 that risks to the inflation outlook are broadly balanced. Inflation will resume its decline in the coming months, said ...  read more
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Market factors to watch - Feb 2

posted by Avatar babyblue 9 days ago in all made popular 9 days ago

... S&P 500 1324.09 0.89 11.68 USD/JPY 76.12 -0.13 -0.10 US 10YR 1.85 0.95 0.02 SPOT GOLD 1746.39 0.15 2.69 US CRUDE 97.49 -0.12 -0.12 DOW JONES 12716.46 0.66 83.55 ASIA ADRS 126.38 1.40 1.74 FTSE 100 5790.72 1.92 109.11 ($1 = 42.94 pesos) Pan-Asia.  read more
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Chinese Manufacturing Data Helps Asian Markets Reverse Losses; S&P 500 Still ...

posted by Avatar babyblue 10 days ago in Economic Indicators made popular 10 days ago

The gains were limited, however, as corporate earnings in the US were uninspiring and this weighed on risk sentiment during the session. Another risk negative was the trade balance report out of South Korea, which showed that export figures dropped for ...  read more
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Gold Prices Track Euro Higher

posted by Avatar babyblue 11 days ago in USD, EUR made popular 11 days ago

The European Central Bank has already seen its balance sheet expand 27% since September, and these big three-year loans at low interest rates will continue to ramp up the money supply in the system. The euro was moving higher, however, as these steps ...  read more
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Gold, Euro Rebound Off Lows

posted by Avatar babyblue 12 days ago in EUR

As we speak, EUR/USD is rebounding off its intraday low at 1.3075 to 1.3135, which is providing a bit of a tailwind for spot gold prices. As for gold, the earlier weakness probed, but did not break, the prior pullback low at $1714.32.  read more
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Bank of Japan Cuts Economic Growth Forecasts, Keeps Key Rates Unchanged

posted by Avatar babyblue 18 days ago in USD, EUR, JPY, CAD, AUD, NZD made popular 18 days ago

The Bank of Japan cut its growth outlook for the year starting in April while keeping its zero- interest rate policy as Europe's debt crisis reduced global demand and keep the yen strong. Governor Masaaki Shirakawa and fellow board members lowered the ...  read more
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Canadian Dollar Snaps Four-Day Win Streak on Slower Inflation

posted by Avatar babyblue 22 days ago in Economic Indicators made popular 22 days ago

20 (Bloomberg) -- The Canadian dollar dropped versus its US counterpart as a government report showed the nation's inflation rate fell more than economists anticipated, weakening the argument for higher interest rates. The Canadian currency's first ...  read more
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Bonds Show Return of Crisis Once ECB Loans Expire: Euro Credit

posted by Avatar babyblue 22 days ago in EUR made popular 22 days ago

While Italy's deficit was likely to shrink last year to 4 percent from 4.6 percent a year earlier, according to the EU's projections, its debt load, estimated at 120.5 percent of GDP last year, is almost double the 69.6 percent forecast for Spain. ...  read more
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USD/CHF aims 0.9775 in 1-3 months Commerzbank

posted by Avatar babyblue 22 days ago in CHF made popular 22 days ago

K.Jones at Commerzbank remarks that the pair is under pressure after a failed attempt to break through 0.9595 and she also cited the imperative need to trade back to 0.9415 as a condition to ease downside pressure. With the headlines in the euro zone ...  read more
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Flash: GBP/USD, sell on rallies Commerzbank

posted by Avatar babyblue 22 days ago in USD made popular 22 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...  read more
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Chart AUD/USD Update: Range bound, resistance at 1.0450/55

posted by Avatar babyblue 22 days ago in AUD made popular 22 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...  read more