Today will see the publication of several US economic releases, with most news focused on housing. Liquidity will likely be higher in today’s later trading as these data points are published, though the impact of Europe’s ZEW...
Most significant on today’s calendar will be the US publication of its TIC Long-Term Purchases data and consumer confidence data. Should today’s news foreshadow a modest growth in the US investments, an assessment that does, however,
With another unusually intense news day ahead, traders are anxiously awaiting the large string of reports out of the US which should clear up the picture somewhat in regards to inflation, manufacturing, and industrial production.
Data on American economic optimism yesterday signaled an uptick in outlook from the previous month, as reported by IBD/TIPP. The news has done little to the forex market, however, though it could ripple through longer-term analyses on...
Interest rate statements released by the world’s leading central banks last week portrayed a global economy in crisis. Each central bank seemed to be taking a wait-and-see approach with monetary policies, holding rates steady and declaring a...
The euro was indeed seen dropping against the USD following the European Central Bank’s (ECB) latest announcement regarding interest rates, known as the Minimum Bid Rate.
An attitude of dovishness has gained traction among central banks in Europe this week and investors are worried that a continuation of low rates, coupled with the possibility of a rate reduction in Europe in 2012, could...
With most traders focused on the Bank of Canada’s (BOC) impending interest rate decision, liquidity will likely be higher in today’s early trading.
The EUR continues to be pressured as a combination of Greek and Italian debt issues combined with a slowing of the global economy weighs on the EUR. This week is an important week as six G10 central...
With both the US and Canada away on holiday liquidity will be tight in the North American trading session which may allow for a brief pause in the decline of the EUR versus the USD and CHF.
