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USD mixed ahead of Bernanke, China tightens »
USD mixed ahead of Bernanke, China tightens
Wed, Feb 24 2010, 14:39 GMT
The USD is trading mixed ahead of today’s testimony by Fed Chairman Bernanke before Congress with the commodity currencies pressured by report that China told its banks to restrict new lending to local governments, the EUR rebounded supported by report [...]
Majors consolidating ahead of the euro zone’s GDP »
Fri, Feb 12 2010, 07:02 GMT
by ecPulse.com analysis team
The euro and the pound are consolidating against the green currency ahead of the euro zone’s GDP that is on queue today with forecasts saying economic growth slowed in the fourth quarter of last year. The USDIX slightly gained in today’s Asian session [...]
Stocks, euro firmer ahead of EU Greek debate (Reuters) »
at a summit in Brussels.
are expected to take the lead in sending a message that the EU will help Greece tackle its debt and deficit problems. But the structure, size and any conditions attached to a deal may not be worked out until next week.
Concerns over the debt crisis in Greece and other [...]
Currencies ahead of central banks rate decisions »
Thu, Feb 4 2010, 11:59 GMT
by ecPulse.com analysis team
The dollar is gaining massive grounds in markets, as investors are avoiding higher yielding assets, which once again supports the dollar to rise versus majors since once again there are worries in marketsregarding the global recovery taking longer than presumed to occur, especially [...]
Currencies ahead of U.S. data »
Currencies ahead of U.S. data
Mon, Feb 1 2010, 11:29 GMT
by ecPulse.com analysis team
The U.S. dollar is mixed in markets ahead of a full economic day in the U.S. economy, while last week we saw the economy expand the most since six years, which supported the dollar to rise heavily in [...]
Europe Ahead: European inflation and unemployment will probably continue rising »
Fri, Jan 29 2010, 08:55 GMT
by ecPulse.com analysis team
As a consequence to the improvement witnessed since the third quarter, when the euro area left the recession by growing 0.4% from the previous contraction of 0.2%; theinflation rate shifted to positive areas in November, creeping up towards the bank’s 2% target.
Prices [...]
The U.S. dollar slightly changed ahead of important U.S. reports »
The U.S. dollar slightly changed ahead of important U.S. reports
Fri, Jan 29 2010, 12:11 GMT
by ecPulse.com analysis team
The green currency slightly changed on Friday before the release of GDP for the fourth quarter advanced reading in the U.S., Chicago PMI and confidence report. The U.S. economy is predicted to show [...]
The Australian dollar is largely range-bound ahead of a national holiday tomorrow »
Tue, Jan 26 2010, 08:31 GMT
A mixed bag of economic data last week has left market participants with much to mull over, while calling into question the strength—and even reality—of the ostensible economic recovery: PPI (0.2% in Dec. vs. 1.8% prior; Housing Starts (557K in Dec. vs. 580K prior; Initial Jobless [...]
The dollar and yen slide ahead of U.S. data »
The dollar and yen slide ahead of U.S. data
Mon, Jan 25 2010, 11:42 GMT
by ecPulse.com analysis team
The U.S. dollar and Japanese yen slipped today against majors ahead of the release of U.S. existing home sales for December amid tranquility in markets due to lack of important fundamentals from major economies. [...]
Majors consolidating ahead of the ECB rate decision »
Thu, Jan 14 2010, 06:55 GMT
by ecPulse.com analysis team
Major currencies consolidated in today’s Asian session ahead of the ECB announce its rate decision, and Mr. Trichet’s conference. The world’s leading economy will release the retail sales reading for December and it may move the market, especially with forecasts saying that retail [...]