Daily Forex Report-USD higher, CHF rises to record high versus EUR

Here are the latest Financial News: USD: Higher, concern about EU debt contagion, China slowdown, productivity slows, jobless claims drop JPY: Higher, supported by a spike in risk aversion as Asian equities tank EUR: Lower, fear of Greek contagion risk, ECB leaves rates policy unchanged, EUR/CHF tumbles GBP:... 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 – UK and US Q4 GDP will be released Friday

Here are the latest Financial News: UK GDP Recent UK economic data has been mixed with the jobs claimant count posting an unexpected rise last month and mortgage lending declined to its lowest level since last July. These reports generate uncertainty about the strength of the UK recovery and have prompted... Read the article »

Daily Forex Report – USD higher, consumer confidence tanks

Here are the latest Financial News: USD: Higher, house prices fall less than expected, consumer confidence falls sharply, stocks decline JPY: Higher, supported by spike in risk aversion and gains in cross trade EUR: Lower, IFO unexpectedly declines, German growth may have contracted in Q1, Greek bank... Read the article »

Daily Forex Report – USD higher, recovery hope versus rate outlook

Here are the latest Financial News: USD: Higher, Greek debt troubles, optimism about US economy, NABE upgrades US GDP forecast JPY: Higher, S&P says there is a low chance of Japan being downgraded this year EUR: Lower, German finance Minister denies that the EU plans a 25bln aid plan for Greece CHF:... Read the article »