The UK Office for National Statistics is due to release several significant data reports today; most impactful will be the 9:30 GMT publication of the CPI and RPI inflationary figures. The US will also be publishing its...
Traders this week are bouncing back and forth between an interest rate differential approach, which favors the EUR, and a debt concern approach which favors the USD. Both carry an ominous overtone for the global economy. Whichever...
With the US economy releasing a series of soft data reports, and President Obama falling in public opinion polls, the euro zone should be set to make a major jump against its Atlantic rival should it be...
The euro felt pressure versus the US dollar this morning, with the pair’s price reaching a one-month high near 1.4700 then entering a moderate decline. Soft data out of the American economy last week forced a reevaluation...
Market news out of Japan this morning was largely positive for the island economy, with the country’s Current Account growing to 0.55T and its M2 money supply maintaining its present rate of growth. The yen may seem...
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
With Friday’s Non-Farm Payroll (NFP) figure revealing surprise stagnation in the US employment sector, traders appear more reluctant to go into the greenback in order to stave off further losses in their portfolios. The euro zone has...
With today’s Non-Farm Payroll (NFP) figure on the way, traders appear to have lost tremendous optimism about the stability of their portfolios and have temporarily shifted to safety. The US economy has so far benefited from this...
The EUR/USD fell from its three-week high yesterday, sinking downwards of 1.4340 before flattening out in today’s morning session. A technical barrier that was triggered near 1.4450 ended up pushing the pair lower yesterday and a downgrade...
The euro has been a top performer against the other major currencies lately as investors have turned their attention to the potential for Greece to move beyond its debt concerns. Speculators have been largely betting that Greece...
