Most significant on today’s calendar will be the US publication of its Non-Farm Payrolls (NFP) data. Should today’s news foreshadow a modest growth in the largest economy’s employment sector, an assessment that seems less likely from data...
Economic news this week has pushed traders into a position of market pessimism. Little news has emerged which put a dent in the amount of pessimism surrounding the forex market, traders are now eyeing Friday’s NFP report...
Liquidity will likely be higher in today’s early trading as several events are being published in rapid succession from Britain, Canada and the US. American liquidity will be heightened, and Canada will contribute to today’s movements with...
Bernanke’s sober assessment of the US economic condition at the Jackson Hole Symposium in Wyoming initially drove many investors into the value of the dollar as a vote of confidence that further measures could be taken, but...
Federal Reserve Board Chairman Ben Bernanke’s testimony during the weekend Jackson Hole Symposium is expected to cause a stir in forex markets at this week’s closing with expectations for an update on the speculated third round of...
The Japanese yen (JPY) was pushed back yesterday, as the Bank of Japan (BOJ) unveiled a new fund of approximately $100 billion in order to curb the rising strength of the island currency.
With a report from the American housing market being released yesterday, traders have begun to see a sudden loss of strength in the core assets of the American economy.
Today’s publications are set to be euro-heavy. Liquidity will likely be higher in today’s early trading as several European events are being published in rapid succession. Most significant will be the publication of France and Germany’s flash...
A short series of data released yesterday painted a weaker picture for the global economy’s growth. Weekly unemployment claims in the US saw a worse than forecast rise, hitting 408,000 for the past week.
The Swiss franc (CHF) was seen trading with largely bullish results yesterday as traders moved away from riskier assets worldwide. The move came after the Swiss National Bank (SNB) delivered a dovish statement that failed to peg...
