Daily Outlook – China Revaluation Talks Buoying markets
Written by admin on June 21, 2010 · Filed Under Financial News
Here are the latest Financial News: CURRENCY TRADING SUMMARY – 21st June (00:30 GMT) U.S. Dollar Trading (USD) ended the week little loved with most pairs remaining at week highs against the greenback. With little data out, the markets turned to US Equities which finished at month highs. Risk appetite... Read the article »
Daily Outlook – Strong Chinese Data Prompts Relief Rally
Written by admin on June 15, 2010 · Filed Under Financial News
Here are the latest Financial News: Last week’s currency trading review The Dollar was on the backfoot for most of the week as stock markets staged an impressive rebound. Heavily overbought, the USD was ripe for profit taking and the market did so in a broad based fashion. April’s Trade Balance... Read the article »
Daily Outlook – EUR/USD Hits Year Lows
Written by admin on June 1, 2010 · Filed Under Financial News
Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd June (00:30 GMT) U.S. Dollar Trading (USD) Stock markets rallied aggressively in the US session after a poor lead from Europe on better than expected ISM manufacturing in May which fell to 59.7 vs. 60.4 previously. Also strong,... Read the article »
Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years
Written by admin on April 5, 2010 · Filed Under Financial News
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
Written by admin on April 2, 2010 · Filed Under Financial News
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 »
Daily Forex Outlook – US Non Farm Payrolls Ahead
Written by admin on March 5, 2010 · Filed Under Financial News
Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th March (00:30GMT) U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on increasing US Bond Yields. Weekly Jobless Claims improved to... Read the article »
Daily Forex Outlook – Gold Breaks Above $1100
Written by admin on February 16, 2010 · Filed Under Financial News
Here are the latest Financial News: CURRENCY TRADING SUMMARY – 16th February (00:30GMT) U.S. Dollar Trading (USD) was little changed in a quiet day of trading keeping to tight ranges against most currencies. US was on Holiday for President’s Day and China was also away for the New Year celebrations.... Read the article »