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 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, […]
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 […]
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 […]
Asian markets remained steady in Monday trading, with dollar holding onto gains after being boosted on Friday following strong US jobs numbers, adding optimism over recovery in the world’s largest economy. USDJPY opened in Asia at 95.96, hitting highs of 96.24 yen, where the pair hovered at close to Friday’s 3-1/2 year high. The dollar […]
The euro fell against the dollar after Italy was downgraded by Fitch Ratings to BBB+ from A-, with a negative outlook. EURUSD was brought back down to $1.2956, after it attempted to recover from a sharp plunge earlier in the session when US nonfarm payrolls helped boost dollar against most major counterparts, causing euro to […]
The dollar extended higher against the yen after a strong US jobs data. The nonfarm payrolls report reported much better than expected in February, showing 236,000 jobs were created in the US economy last month. This was more than the forecast for just a 160,000 rise. Meanwhile, January’s figures were revised down 38,000, now at […]
The dollar-yen pair remains in the spotlight today as the greenback outperformed against the Japanese currency, continuing its advance during the European Session to hit a 3-1/2 year high on speculation of an improving US labour market ahead of the nonfarm payrolls report. The NFP is to be released at 1330GMT. The forecast is that […]
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 Yen weakens further on GDP upside surpriseMorning Report: 08.30 London • The morning’s data has been encouraging, with Chinese exports rising and the trade balance increasing much more than expected. In addition, Japanese GDP increased more […]
Dollar extended higher against the yen in Friday’s Asian session, breaking the key 95.00 yen psychological level. Helping the upbeat risk appetite was China trade data which came out on the whole better than expected. Dollar could move higher on strong US jobs data due later today. The nonfarm payrolls report is to be released […]
The euro surged above $1.31 to an eight-day high against the dollar after European Central Bank President Mario Draghi’s news conference when he eased some concerns over the euro zone. Draghi was optimistic about the region’s economy picking up later in the year, though revised down growth projections for the year. The ECB left the […]
The euro rose against the dollar after the European Central Bank announced its decision to leave interest rates on unchanged as was widely expected, after its policy meeting on Thursday. The central bank’s Governing Council left the key lending rate at 0.75 percent. EURUSD climbed to $1.3115 from $1.3022 before the announcement. The single currency […]
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 […]
