Market Review – 06/04/2010 22:02GMT Fed minutes suggests rates could stay low for some time On Tuesday, the single currency declined the most against the dollar in almost two weeks as Greece tried to end speculation it...
GBP/USD Open 1.5296 High 1.5317 Low 1.5167 Close 1.5291Pound/Dollar continued climbing last week, but rising stalled over the holiday weekend, in line with the slightly negative Interbank sentiment at nearly -18%. The Cable climbed yesterday from 1.5210...
Past Events • USD ISM Non-Manufacturing PMI, out at 55.4 versus expected 54.1, prior 53.0• USD Pending Home Sales, out at 8.2% versus expected -0.5%, prior -7.8% (revised)• Bank Holiday France, Germany, Italy, UK, Canada, Switzerland, Australia...
EUR/USD Open 1.3487 High 1.3536 Low 1.3415 Close 1.3482The Euro continued rising last week on strong CPI and PMI but showed weakness over the Easter holiday. Euro/Dollar dropped to 1.3461 yesterday, in line with the the Interbank...
Following Friday’s U.S. Employment figure, the best in three years, risk taking returned to the marketplace. Additionally, the U.S. economy saw further signs of improvement after yesterday’s ISM Manufacturing PMI and Pending Home Sales reports. While risk...
Because of the holidays at the markets in the USA and Europe the trading for the euro-US dollar pair on Friday was under influence of the fundamental data from the US labor markets. Right from first minutes...
Market Review – 04/04/2010 14:26GMT Dollar jumps after strong U.S. employment report Although the greenback traded narrowly in holiday-thin Easter Friday in Asia as markets in Europe were closed for Easter Friday holiday,
A sharp growth of the European currency yesterday afternoon was directly related to investors’ risk appetite rising, as the positive US industrial sector data and improvement of the situation on the labor market favorably influenced on the...
The U.S. payrolls report is due today with analysts forecasting the economy added 185,000 jobs last month. That would be an outcome that would likely lift the U.S dollar and boost expectations for higher U.S. interest rates.
On Wednesday, the European currency strengthened by more than 90 points due to fundamental statistics, investors’ risk appetite rising and reaching important key technical levels. At the Asian deals, a slight correctional movement was observed after Tuesday’s...
