By admin on August 16, 2010
USDJPY fell after a surprisingly weak Japanese GDP report, and the greenback is generally under pressure despite further signs of risk aversion. Is the USD rally over with? Japan’s growth in Q2 decelerated to a paltry +0.4% rate Annualized (compare with Germany’s 2.2% QoQ). But on a nominal basis, Japan’s Read More USDJPY Falls again [...]
Posted in Forex News | Tagged again, falls, gdp, in, japan, on, q2, usdjpy, weak
By admin on August 16, 2010
The August Empire State Manufacturing index came in weaker than expected. The index continues to show expansion, but a July and August soft patch is evident. The employment component strengthened, however. Weaker demand was clearly evident in the August Empire Manufacturing release. Both new orders and prices received contracted in Read More Empire State Manufacturing [...]
Posted in Forex News | Tagged empire, manufacturing, remains, state, weak
By admin on July 28, 2010
FXstreet.com (Barcelona) – The Australian dollar is at its lowest point against the greenback this…
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Read More Forex AUD USD extends lower on weak market sentiment
Related PostForex USD CAD jumps too 10375 session high on weak retail salesForex EUR USD ends Friday on a weak noteForex AUD USD [...]
Posted in Forex News | Tagged aud, extends, forex, lower, market, on, sentiment, usd, weak
By admin on July 19, 2010
The European session started off well for currencies with EUR printing the 1.30 handle for the first time since May 10, but 1.3008 was as good as it got as a wave of risk aversion hit Friday markets following another set of weak US data and capitulation by gold bulls Read More Risk Appetite Unwind [...]
Posted in Forex News | Tagged appetite, by, data, more, risk, triggered, unwind, us, weak
By admin on June 1, 2010
The USD is trading higher in reaction to an ECB report warning that European banks may face additional €195 billion in write-offs and China reports weak PMI, EUR trades at a fresh four-year low versus the USD in reaction to rumors of possible additional sovereign debt downgrades in Europe (France Read More USD Higher, ECB [...]
Posted in Forex News | Tagged bank, china, ecb, higher, loan, loss, pmi, usd, warning, weak
By admin on February 8, 2010
The Bank of England (BoE) is misguided in relying on a weak pound to boost the economy, according to City experts…
7 Vote(s) Read More BOEs faith in weak pound misguided
Related PostBritish Pound May Extend Rebound as Inflation Rises Most in 18 YearsWeak Dollar Start in 2010 on Equities RallyEuro, British Pound Consolidate Following the [...]
Posted in Forex News | Tagged boes, faith, in, misguided, pound, weak
