posted by
FXTimes
5 days ago
in Fundamental, Sentiment, Employment
Recap: With the US economy losing less jobs in February (-36K) than expected, and the unemployment rate remaining at 9.7%, the forex market showed risk appetite helping to boost higher yielders and commodity/growth linked currencies like the Aust
posted by
delioncourt
5 days ago
in Technical, Sentiment
In my article Bi-Polar Economic Data? I explained that in the initial stages of an economic recovery, activity data would tend to be contradictory, with some sectors showing expansion, others stagnation, and others contraction.
posted by
victoryismine
6 days ago
in USD, Sentiment, Oil
I keep hearing about peak oil. We are running out of oil. The price can only go one way - up. US production peaked in the 1970s, and as fields decline, they're producing less and less (the average decline in production is 9% a year once a field h
posted by
lazybug
8 days ago
in GBP, Sentiment, Inflation
For a graphic illustration of why sterling is falling out of bed, take a look at the chart and table below. Compiled by Charter 2010, they track prospects of a “hung parliament” based on the latest poll findings.
posted by
FXTimes
15 days ago
in Fundamental, Sentiment, Consumer
A decline in German business confidence and a sharp drop in US consumer confidence in February caused currency markets to move towards the safety of the Yen and US Dollar in today’s trading. Comments from BOE Governor Mervyn King about the headwi
posted by
FXTimes
19 days ago
in Fundamental, Sentiment, Daily
Following a move in favor of the greenback in late Thursday trading as a result of the Fed raising its discount rate, higher yielders and commodity currencies managed to pare some of those losses in Friday’s NY session as traders believed the Us
posted by
FXTimes
22 days ago
in CAD, Sentiment, Oil
Equities in the US surged higher following the opening bell, with the Dow, Nasdaq, and S&P 500 up close to 1% as of 11AM. Gold and oil prices were rallying strongly, up 2.5% and 3.6% respectively. In turn, the NY morning session saw the commodity
posted by
annie
49 days ago
in AUD, Sentiment, GDP
The sentiment index climbed 5.6 percent to 120.1 points, with the surge in confidence in the Australian economy coming during Australia’s biggest hiring period as many companies expand within the mining and energy sectors.
posted by
FXTimes
49 days ago
in USD, Fundamental, Sentiment
Overnight, the greenback extended gains from yesterday against the Euro, surged higher against the commodity block of currencies, and cut into its losses from earlier in the week against the Pound.
posted by
neorix
58 days ago
in CAD, Sentiment, Housing
Canada’s dollar appreciated to the strongest in almost three months as commodities, which account for half the nation’s export revenue, rose and the U.S. dollar dropped against all of its major counterparts.
posted by
viarail
62 days ago
in USD, Sentiment, Yearly
The answer to that question lies in whether the “hawks” or the “doves” end up ruling the Federal Open Market Committee (FOMC) in the new year.