The euro was broadly higher against most major counterparts in Thursday’s European session, lifted by a successful Spanish bond auction, which hit the top end of the target and led to lower yields. EURUSD surged to a session high of $1.3042, up from the open of $1.2991. However the euro remains vulnerable to hints of […]
FOREX Daily Outlook by Easy-Forex.com Aussie dollar moves higher after RBA comments The euro (EUR) gained ground against the US dollar (USD) currently moving above 1.3028. The single currency had previously reached a six month low after Italian election results did not show a clear winner making negotiations for forming a strong government difficult. Yesterday’s […]
The latest daily video report from easyforex.com, includes all the latest fx market moving news and pairs to watch in the forex markets. Related Posts:Weekly Forex Outlook: 12/04/2024 – More inflation data on… April 12, 2024 CPI numbers due in the UK and Japan. China to also…Video market update for April 11, 2024 April 11, 2024 […]
March 7th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets are steady Thursday, but market participants are holding back from making any bold moves ahead of central bank policy meetings by the Bank of England and European Central Bank later and a Spanish debt auction before those. The DJIA on Wednesday […]
Read the Daily Market Report from Dave Evans, Professional Trader Pounds dips ahead of MPC meetingMorning Report: 08.30 London • This morning, markets are generally cautious ahead of rate statements from the ECB and MPC. The Euro is the performing well ahead of the big meetings, […]
The yen gained after the Bank of Japan announced it did not expanding monetary stimulus at the conclusion of its policy meeting today. However even though today’s policy decision was not a surprise, bolder monetary easing measures are expected in the near future, especially after the appointment of a new Bank of Japan governor after […]
The dollar strengthened against most major counterparts on Thursday after upbeat data. Dollar jumped against the yen following data showing the US economy created more private-sector jobs than expected last month. The ADP report showed new private-sector jobs increased by 198,000 in February, the highest since February 2012, and higher than expectations of 172,000. A […]
Dollar jumped against the yen following data showing the U.S. economy created more private-sector jobs than expected last month. The ADP report showed new private-sector jobs increased by 198,000 in February, the highest since February 2012, and higher than expectations of 172,000. Meanwhile, the January 2013 report, which reported job gains of 192,000, was revised […]
Euro dipped in the European session as investors grow cautious ahead of a key European Central Bank policy meeting tomorrow. While the central bank is not expected to cut interest rates tomorrow, there is increasing speculation that it will hint on rate cuts to come in the near term. ECB President Mario Draghi is expected […]
March 6th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European equity markets are pausing to catch their breath following the stunning rally on both sides of the Atlantic which saw the DJIA on Tuesday register a new all-time record high at the closing bell. The DJIA finished up 0.89% at its record close […]
The latest daily video report from easyforex.com, includes all the latest fx market moving news and pairs to watch in the forex markets. Related Posts:Weekly Forex Outlook: 12/04/2024 – More inflation data on… April 12, 2024 CPI numbers due in the UK and Japan. China to also…Video market update for April 11, 2024 April 11, 2024 […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets tread water ahead of ADPMorning Report: 08.30 London • After record highs for the Dow Jones last night, there’s an air of caution for financial markets this morning ahead of this afternoon’s US ADP payrolls. […]
Asian markets were upbeat after risk appetite flowed over from the US session when the Dow Jones hit record high, encouraging investors to take on more risk amid signs of a continuing US economic recovery and globally accommodative monetary conditions. The euro held steady above $1.3050, underpinned by this improved risk appetite. EURUSD opened in […]
Risk appetite in the US session was high, pushing the Dow Jones Industrial Average to an all-time high and the Dollar Index traded at almost its highest level in six months. The dollar was lifted after a stronger-than-expected gauge of service-sector activity from the Institute for Supply Management (ISM), indicating the sector accelerated at its […]
The latest daily video report from easyforex.com, includes all the latest fx market moving news and pairs to watch in the forex markets. Related Posts:Weekly Forex Outlook: 12/04/2024 – More inflation data on… April 12, 2024 CPI numbers due in the UK and Japan. China to also…Video market update for April 11, 2024 April 11, 2024 […]
Euro was given a brief boost after better than forecast retail sales and improved Purchasing Managers’ Index numbers for the euro zone. Sales for January rose 1.2 percent, up from a previous decline of 0.8 percent. Private business activity in the euro zone in February was not as bad as first feared but still indicated […]
March 5th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Regional markets are putting on a decent performance this morning, helped by PMI services data from the UK and to a lesser extent the euro zone and a host of solid corporate news. UK PMI services, unlike manufacturing, surprised on the upside, to 51.8 […]
Sterling benefitted from upbeat data which showed UK services Purchasing Managers Index (PMI) came in above forecast. The PMI number points to a 0.1 percent rise in UK GDP in the first quarter. According to a report from Markit/CIPS PMI, the PMI for services ticked up to 51.8 in February from 51.5 in January, beating […]
FOREX Daily Outlook by Easy-Forex.com Euro loses ground as Italy may seek new election The euro (EUR) dropped below 1.3000, and is currently at 1.2995 versus the US dollar (USD) as European markets open. Investors are weary of political developments in Europe as Eurogroup members meet today. The Italian election and the hung parliament result […]
The euro rose to a session high of $1.3074 after satisfactory numbers from the Purchasing Managers’ Index (PMI). Germany showed the best improvement, with its services PMI remaining in expansion territory at 54.7, up from a previous 54.1 points and beating expectations. Germany accounts for about 30 percent of euro zone output so the data […]
Read the Daily Market Report from Dave Evans, Professional Trader Central Bank Talk Lifts MarketsMorning Report: 08.30 London • This morning, world markets are on the rise after a strong rally into the close last night and through the Asian session. Central bankers are behind some […]
We are glad to announce the successful completion of the XEMarkets F1 FX Demo Contest exclusively designed for our Malaysian clients. A large number of Malaysian traders and investors who registered for the F1 FX Demo Contest running between 15th February and 1st March 2013 grabbed the opportunity to test their trading skills and go […]
The Aussie dollar rallied after much better than expected retail sales data and also a decision by the Reserve Bank of Australia to keep the benchmark interest rate unchanged at 3.00 percent. RBA governor Glenn Stevens reiterated there was room to cut if needed given a benign outlook for inflation but this was taken positively […]
Everyone who participates in the Foreign Exchange Market takes an interest in changes in the interest rates of the countries whose currency they are contemplating buying or selling. Yet what […] The post The Relationship Between Interest Rates and the Forex Market appeared first on | HY Markets Official blog. Source: HY Markets News Related […]
Market activity was quite muted with euro holding near 2-1/2 month lows as political concerns over Italy continue to weigh and the outlook on the euro zone is as clear as mud. Italian bond spread widened against German bunds to a new three year high. Focus is on Eurogroup meetings as well as Thursday’s European […]
The euro was weaker in Monday’s European Session, dropping below the key $1.30 level after disappointing data that showed euro zone investor confidence fell in March, raising speculation that the European Central Bank will cut interest rates soon. EURUSD dipped to a session low of $1.2981, the lowest in 7 weeks, down 0.3 percent on […]
The latest daily video report from easyforex.com, includes all the latest fx market moving news and pairs to watch in the forex markets. Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Market Comment – Stocks climb after sizzling US jobs report April 8, […]
Sterling moved lower against the dollar after disappointing data on Markit/CIPS Construction Purchasing Managers’ Index (PMI), causing cable to drop to $1.4998 from $1.5051 beforehand. Output in the construction sector fell at the fastest pace in more than three years in February despite a rare pick-up in house building. PMI declined further below the 50-point […]
March 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets are back under the cosh Monday, with traders unwinding positions on political uncertainty in Italy and the lack of progress by US lawmakers to tackle the sequester which kicked off on Friday last week. Italian leaders are still divided over how […]
FOREX Daily Outlook by Easy-Forex.com Euros trending as markets expect Italian news The euro (EUR) dropped to 1.3062 versus the US dollar (USD) as the American economy goes through sequestration and the Italian political scene still remains blurry. Sequestration will involve across the board cuts in the US public sector which will allow the US […]
