USD lower, rumor of EU deal to bailout Greece

Here are the latest Financial News: USD: Lower, stocks rally, global recovery optimism trumps EU sovereign debt fears JPY: Higher, risk appetite improves as Asian equities trade at a 22 month high EUR: Higher, rumor that the EU agrees on funding for aid to Greece, German trade surplus widens GBP: Higher,... Read the article »

USD higher, OECD says G-7 growth to slow in short term

Here are the latest Financial News: USD: Higher, growth slows in Europe, Greek debt troubles, stocks slide JPY: Mixed, BOJ held rate policy steady, leaves economic assessment unchanged EUR: Lower, Q4 GDP revised lower, cost of financing Greek debt rises GBP: Lower, service PMI disappoints, election... Read the article »

Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th April (00:30GMT) U.S. Dollar Trading (USD) was broadly stronger in thin trading after the March Jobs report showed +162k new jobs and solid revisions in February and January. The March Unemployment Rate was steady at 9.7%. USD/JPY... Read the article »

Daily Forex Outlook – Non Farm Payrolls in Holiday Market

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd April (00:30GMT) U.S. Dollar Trading (USD) continued to find sellers as the market sold the safe haven currency in favor of riskier investments. Economic data is steadily improving with weekly jobless claims falling to 439k vs.... Read the article »

Special Report-Japan’s business sentiment has improved

Here are the latest Financial News: Deflationary pressures continue in Japan with February CPI reported to have declined by an annual rate of 1.2%. This marked the 12th consecutive month that Japan’s CPI has declined. The Japanese government has been pressuring the BOJ to take actions to combat... Read the article »

USD lower, investors digest the Greek aid plan

Here are the latest Financial News: USD: Lower, pressured by the announcement of EU/ IMF aid package for Greece, consumer sentiment rises JPY: Lower, CPI falls for the 12th consecutive month, Nikkei closes at an 18 month high EUR: Higher, EU and the IMF agree to a plan to support Greece, Trichet... Read the article »

Daily Forex Report-USD lower, jobless claims drop more than expected

Here are the latest Financial News: USD: Lower, stocks rally, Dubai World debt bailout, jobless claims drop more than expected JPY: Lower, rising US bond yields, BOJ’s Kamezaki says it will be difficult to turn CPI trend positive EUR: Higher, hope that the EU will agree on Greek aid, ECB to extend... Read the article »

Daily Forex Report-USD lower, jobless claims drop more than expected

Here are the latest Financial News: USD: Lower, stocks rally, Dubai World debt bailout, jobless claims drop more than expected JPY: Lower, rising US bond yields, BOJ’s Kamezaki says it will be difficult to turn CPI trend positive EUR: Higher, hope that the EU will agree on Greek aid, ECB to extend... Read the article »

Special Report-Is UK CPI key to BOE policy?

Here are the latest Financial News: On Tuesday, March 23rd UK February CPI will be released. The February CPI is expected at 0.5% compared to -0.2% last month. On an annualized basis UK February CPI is expected to fall to 3.1% from 3.5% last month. Despite a likely deceleration of the UK annual rate... Read the article »

Special FX Report – Sustainable recovery or double dip?

Here are the latest Financial News: The Fed’s decision Wednesday to keep monetary policy steady and maintain the language in its policy statement that interest rates will remain low for an extended period was widely expected. The Fed’s decision to make no change in the extended period language... Read the article »