EUR/JPY Hits 10-Year Low to start off the New Year
USD – Non-Farm Payrolls Set to Impact USD this Week. With most markets closed on Monday, the USD started off the week showing very little movement against its main currency rivals. That is all set to...
View ArticleEUR Corrects Itself Following German Debt Auction
The euro staged a downward reversal yesterday, following a German debt auction that caused investors to once again place their funds in safe-haven assets. Today, traders will want to pay attention as...
View ArticleBank Of England Failed on Recession
Sir Mervyn King admits: we did too little to warn of economic crisis Bank of England ‘should have shouted from the rooftops’ about the dangers it saw approaching, governor tells BBC audience. Sir...
View ArticleDaily Review from Reuters
* Britain’s FTSE 100 index is seen opening 9 to 13 points higher, or up to 0.2 percent, on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on...
View ArticleEmerging Marketplaces Business economics Daily
Latin America Brazil: The decrease in government taxation on a basket of food stables will likely decrease IPCA rising prices by 0.25 ponits factors over the recent months. However, we sustain our...
View ArticleNon-Farm Payrolls Expected to Further Boost the Dollar
As every forex trader must know, the first week of every month holds the best opportunities for high profits. The reason for that is the U.S. Non-Farm Payrolls report, which is released at the first...
View ArticleThe EUR Trades Higher from Risk Appetite ahead of Stress Test Results
For the moment, anyways, the EUR continues to enjoy the spotlight while the market awaits the results of the recent stress tests. Risk appetite in the market has surged from a wave of optimism. A...
View ArticleDaily Forex News
The broad markets largely produced a day of sideways trading as thin volumes continued to take their holiday toll. The major currencies produced consolidated movement throughout Tuesday as data and...
View ArticleUS Data to Close out the Year on a High Note
There has been a noticeable trend of stronger US economic data over Q4. Today’s last batch of US numbers for this year may show the US economy go into 2012 on a high note. USD – US Data to Close out...
View Article2012 Preview – Examining the Major Issues
CAD – Loose BoC Monetary Policy to Weigh on CAD A worsening global economic background does not bode well for the CAD. Economists have begun to downgrade their 2012 Canadian outlook and GDP forecasts...
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