By admin on August 31, 2010
The Australian Dollar surged against all of its major counterparts after second-quarter Gross Domestic Product figures showed the economy added 1.2 percent in the three months through June, topping economists’ forecasts calling for a 0.9 percent increase and marking the largest increase in three years.
Read More Australian Dollar Soars as Q2 GDP, Chinese [...]
Posted in Forex News | Tagged as, australian, chinese, dollar, expectations, gdp, pmi, q2, soars, top
By admin on August 31, 2010
If we were going by the promise of event risk alone, we would have been led to believe that the US dollar was guaranteed volatility Tuesday. However, as we have seen time and again over the past few months, economic data and exogenous developments are only as effective in moving the market so far as [...]
Posted in Forex News | Tagged appetite, by, curbed, dollar, fomc, meeting, minutes, risk, tempered, trends, volatility
By admin on August 24, 2010
Global equity bourses drifted lower as economic data continues to suggest a flattening in the pace of the recovery. US markets were weaker with the Dow and the S&P falling by 0.4%, while the Nasdaq was off by 0.9%. Concerns regarding the health of the US economy were fueled by Read More The Feds Split [...]
Posted in Forex News | Tagged aversion, decision, dollar, feds, props, risk, split, the, yen
By admin on August 21, 2010
Given the extremely light economic docket and the temperate level of speculative trends heading into the final hours of the trading week, we wouldn’t expect there to be much activity before liquidity officially drains for the weekend. Yet, the dollar and the capital markets in general would in fact put in for a shocking bout [...]
Posted in Forex News | Tagged a, but, dollar, end, follow, forges, fourweek, high, next, risk, the, through, to, trends, up, week
By admin on August 21, 2010
Read More US Dollar on the Verge of Rally as Sentiment Threatens Collapse
Related PostWill the Rally in the US Dollar Sustain Following the NFP Report as Census Hiring May Show an Addition of 400KDollar Manages to Hold on to Some of its Morning Rally as Sentiment Reverses CourseSentiment Behind the Dollar and Markets on [...]
Posted in Forex News | Tagged as, collapse, dollar, of, on, rally, sentiment, the, threatens, us, verge
By admin on August 20, 2010
7 Vote(s) Read More Dollar stabilises from overnight fall
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Posted in Forex News | Tagged dollar, fall, from, overnight, stabilises
