Dollar maintained strength against most major counterparts after being boosted by strong US retail sales and jobs data recently. With little else in terms of fundamentals to lift risk currencies, the greenback is in demand. There is strong optimism that the US economic recovery is gaining momentum. The ICE dollar index hit the highest in […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie pushes higher as Dow hits best streak for 16 yearsMorning Report: 08.30 London • Last night the Dow Jones closed higher for its ninth straight session, something that hasn’t happened in 16 years. The […]
March 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, following upbeat US retail sales and as investors await fresh cues ahead of a two-day EU summit in Brussels. Meanwhile, the Bank of England published its first quarterly bulletin of 2013, including a chapter on how 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: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, […]
The Australian dollar surged to the highest level in over a month against the US dollar in early Thursday trading after being boosted by a strong employment report. Data showed that 71,500 jobs were added to the Australian economy in February, which was a huge jump and the biggest rise in total employment in more […]
The Australian and New Zealand dollars were the biggest movers in the Asian session on Thursday. The aussie surged to a five-week high against the dollar after strong employment data showed more jobs were added to the Australian economy than forecast. This led investors to believe that the strong data will make it less likely […]
The dollar rallied to the strongest level in three-months against the euro in Wednesday’s US trading session after strong US retail sales data gave optimism over the recovery of the world’s largest economy. Retail sales increased more-than-expected to 1.1 percent, the largest monthly rise since September. The improving US economy is in contrast to the […]
The dollar surged against the yen and euro after much better-than-expected retail sales numbers from the US. Sales rose by the most in five months thanks to an improved labour market and stronger household finances. February sales were reported up a very solid 1.1 percent, beating the consensus expectation of a 0.5 percent increase and […]
European stock pared session losses though the FTSE100 in London fell on sliding mining stocks hurt by softer commodity prices. In Europe, Italy’s bond yields rose after a poor bond auction — the 10-year rose over 10 basis points in reaction while the FTSE MIB in Milan underperformed the wider European stock market. The euro […]
Euro fell after a disappointing Italian bond auction resulted in a lower sale than the target. This was the first debt sale since Italy’s credit rating was cut by Fitch last week due to political uncertainty. Investor confidence in Italy was low and the country’s 3-year borrowing costs rose to their highest since December 2012 […]
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, […]
Read the Daily Market Report from Dave Evans, Professional Trader Traders take out profits as dollar dropsMorning Report: 08.30 London • It&rs quo;s a mixed bag out there this morning as the dollar pairs push higher, while the yen pairs dip lower. The S&P 500 […]
FOREX Daily Outlook by Easy-Forex.com Option volatilities stable, premiums low The euro (EUR), moving just above 1.3040 against the US dollar (USD), is seen regaining losses it incurred through last week’s eventful agenda. The pair is mostly consolidating as markets are expecting news regarding the Italian Government and the Cyprus bailout plan. Looking ahead, markets […]
Yen gained against most major counterparts during the Asian session on Wednesday, ahead of voting for a new Bank of Japan governor. Yen rose for the second day versus the dollar, gaining 0.7 percent since yesterday’s open to 95.57 per dollar and gained 0.8 percent to 124.63 per euro from yesterday. The Japanese currency hit […]
Free Dollar Vs South African Rand Live chart. The rand was introduced on 14 February 1961. A Decimal Coinage Commission had been set up in 1956 to consider a move away from the denominations of pounds, shillings and pence, submitting its recommendation on 8 August 1958. It replaced the South African pound as legal tender, […]
The dollar was mixed today, bouncing between small gains and losses against most majors, as dollar strength from Friday’s strong US jobs report is now losing momentum. The dominant theme of the day was sterling and its tumble after weak UK manufacturing and industrial production data raised speculation of more policy easing by the Bank […]
The biggest mover during the European Session on Tuesday was the sterling, which plummeted after dismal UK manufacturing data highlighted the weakness in the British economy. Today’s data has given the Bank of England more reason to expand quantitative easing and take on more bond buying in order to stimulate the economy and avoid falling […]
Sterling made a remarkable move against the dollar, plunging 0.4 percent within minutes of disappointing UK manufacturing data, which highlights the weakness the British economic recovery is still facing. According to the Office for National Statistics, manufacturing output declined 1.5 percent on the month in January, despite forecasts for it to remain flat at 0 […]
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, […]
March 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets are again trading on the soft side this morning, awaiting fresh catalysts to offer direction. The DJIA overnight printed fresh all-time highs but Asian markets, particularly Japan, were under pressure. This fed through into a soft European market session with traders […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pairs slip from highsMorning Report: 08.30 London • Financial markets an d the main yen pairs are slipping back from the highs this morning after Kikuo Iwata, the nominee for the new BoK governorship […]
The yen weakened against most major counterparts in the early Tuesday Asian session after the minutes of last week’s Bank of Japan policy meeting were released. The BOJ signaled that more monetary easing was needed. Meanwhile, governor-nominee, Haruhiko Kuroda, said yesterday the existing asset-purchase program is not enough to achieve the goal of reflating the […]
The dollar gave up gains made after a sharp rally against most counterparts on Friday following stronger-than-expected US nonfarm payrolls data. The ICE dollar index, a gauge of USD versus a basket of six major currencies, fell to 82.619, down from 82.900 in late New York trading on Friday. Dollar retraced some gains against the […]
The European Session was relatively trendless, following on from an even quieter Asian session, as markets steadied after a busy Friday when alot of volatility occurred as a result of the strong US jobs numbers, with nonfarm payrolls coming in above expectations. During most of the early session, most currency pairs kept in tight ranges, […]
March 11th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Soft session for European financial markets with data indicating a slowdown in China last month overshadowed Friday’s solid US jobs report. Additionally, Fitch cut Italy’s credit rating by one-notch to triple-B plus, pressuring Italian bond yields and weighing on the euro. Italy’s 4Q GDP […]
Sterling remains weak against the dollar in Monday trading as the divide between US and UK economic growth widens, especially after strong US jobs data on Friday sent the GBPUSD plummeting to a 2-1/2-year low. The improving US labour market has raised speculation that the Federal Reserve may cut back on its asset purchase programme […]
FOREX Daily Outlook by Easy-Forex.com Euro erases gains after US jobs data The euro (EUR) dropped to 1.3010 against the US dollar (USD) after Non-Farm Payroll data pushed growth expectations for the American economy. At the same time, the better employment figures hint that the Federal Reserve’s Ben Bernanke may be willing to stop Quantitative […]
FOREX Weekly Outlook by Easy-Forex.com Weekly Outlook – 11th March 2013 USD/JPY soaring as US Data Improves Last week’s currency trading review USD/JPY persistently strong US data is helping the Yen pair tofresh multi year highs with February US Nonfarm payrolls beating expectationsat 236k vs. 160k forecast and the Unemployment Rate dropping sharply to 7.7%vs. […]
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, […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets hold higher groundMorning Report: 08.30 London • Fin ancial markets are holding the higher ground this morning after Asian markets rallied on the back of Friday’s US employment data. The big […]
