By admin on July 26, 2010
This week market attention is poised to turn to U.S. economic data, which include second-quarter gross domestic product on Friday. The rest of the week is full of releases as well, with new home sales released today, the Case-Schiller house prices and consumer confidence on Tuesday, durable goods and the Read More US Fundamental Indicators [...]
Posted in Forex News | Tagged 26th, 30th, for, fundamental, indicators, jul, this, to, us, watch, week
By admin on June 17, 2010
Today’s US data caused some risk aversion in US stock markets and in oil prices, as both fell to open the NY session. The main reason being a larger than expected increase in weekly jobless claims data as well as a sharply lower than expected Philadelphia Fed Manufacturing index. In Read More A Breakdown of [...]
Posted in Forex News | Tagged a, breakdown, data, fundamental, of, todays, us
By admin on May 31, 2010
Liquidity was light on account of the Bank holiday in the U.K. and Memorial Day holiday in the U.S. The common currency this month reached its lowest level since April 2006 and tested the 50% retracement of its lifetime range. The pair has not lost much ground since Fitch’s downgrade Read More Forex Fundamental Outlook
Posted in Forex News | Tagged forex, fundamental, outlook
By admin on March 8, 2010
It is worth noting that aside from a few standout correlations (negative and positive) amongst the majors; the relationships in price action across the majors has generally dissipated in recent weeks and months. This is an unmistakable consequence of tempered volatility and curbed risk appetite trends.
Read More Correlations Moderate as Technical and Fundamental Trends [...]
Posted in Forex News | Tagged and, as, correlations, ease, fundamental, moderate, technical, trends
By admin on March 8, 2010
There was relatively little for fundamental traders to work with Monday; but that wouldn’t prevent oil from pushing a new eight-week high and closing the gap to the $84 swing high set on January 11th. At this point, the bullish bias can sustain itself on sheer momentum as long as there isn’t an active force [...]
Posted in Forex News | Tagged as, crude, drive, edges, ever, fundamental, higher, momentum, substitutes
By admin on August 11, 2009
The euro gained marginal ground vis-
Posted in Forex News | Tagged 11, 2009, august, forex, fundamental, outlook
