Economic data released out of Japan and China pointed towards an economy much slower than current market prices as well as currency crosses suggested. Forex traders have been slow to react to the economic disappointments which mean...
The non-farm payroll report or NFP report will be released in less than 48hours and many market participants look forward to this report in order to guide them through the rest of the trading month. January’s report...
This week saw the release of more economic data out of China and the signs were not encouraging as all reports pointed to a slower Chinese economy than anticipated. This sparks global economic growth concerns and had...
Today’s ADP report out of the US delivered a drastic blow to bullish expectations for a positive non-farm payroll report on Friday which will cover the month of February. December as well as January showed a US...
There has been plenty of talk about the European Central Bank and its next steps as more and more signs point to deflationary pressures in several member countries including Spain and Germany. Overall the economic recovery in...
The British Pound tumbled today as economic reports out of the UK surprised forex traders who were counting on better data. Minutes from the last Monetary Policy Committee, or MPC, from the Bank of England also suggested...
Today’s trading session once again was subject to conflicting economic reports. The past six to eight weeks more and more reports show the global economy expanding at a much slower pace than previously expected. Overall traders continue...
Europe started today’s sour economic news releases as the Service Sector PMI came in much weaker across the continent. The Eurozone Service PMI came in at 51.6 which missed estimates which called for an increase to 51.9....
Bernanke chaired his last FOMC meeting and he is out of the door. Some applaud his tenure, others detest his leadership and most do not care. The fact is that the next decade will determine the true...
Forex traders already received insight from two central banks today; the Bank of Japan during the Asian trading sessions and the Bank of England during the European trading session. The North American trading session will add the...
