EUR – Germany & Others Saga Continues
The German GDP was released yesterday and it met its expectation head on with a gain of 2.2%. The EUR lost further ground to the USD Tuesday, but it accomplished this at a slower pace than the...
Author: bforex.com
GBP – Awaiting Friday’s Revised GDP
The Sterling found some stability on Tuesday and this occurred even as the BBA Mortgage Approval numbers disappointed investors with a figure of 33.7k, which was well below the estimate and the previous month’s outcome.
JPY & AUD – Bank Of Japan Speaks Again
The BoJ entered the fray once again saying that it stands ready to act if the JPY continues to get stronger against the USD. It also went out of its way to warn ‘speculators’ that they should...
USD – Housing Sector Woes In Focus
Continuing its strong run under a haze of nervous trading in equities the USD propelled to higher values against the EUR and GBP. The greenback is starting to approach its spring time values against both the currencies...
EUR – Concerns Growing In The E.U.
The EUR has taken more hits and now finds itself under the suspicious gaze of investors who are questioning its overall health. While the Sovereign Debt saga has been put to bed, it has shown signs of...
GBP – Mortgage Data On The Calendar
The Sterling continued to find a tough path on Monday as it lost more ground to the USD. There was no major economic data from the U.K. yesterday and today the BBA Mortgage Approvals are only coming...
JPY & AUD – Bank Of Japan Proving Weak
Asian bourses continued to struggle mirroring their global counterparts as negative sentiment held sway. The JPY continues to foster gains versus the USD in what has become an ever increasing risk adverse move.
USD – Safe Haven Trading In Vogue
With little in the way of data and only existing sentiment to trade on the USD moved to the stronger realms of its value on Friday against the EUR and GBP. Wall Street continued to turn in...
EUR – Divergent Economies A Concern In E.U.
The EUR continued to lose ground against the USD on Friday as sentiment among investors displayed distinct signs of a ‘flight to quality’. While Germany continues to express the opinion that their growth forecasts are going to...
GBP – All Quiet Until The GDP?
The Sterling has been put on its heels the past couple of weeks on risk adverse trading. It may prove to be a rather light week for data for the GBP up until the Revised GDP numbers...