EURUSD drops sharply to 1.3580, AUDUSD eases to 0.9460, GBPUSD eases to 1.6040, USDJPY at 98.30, gold at 1323
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Canada Outlook Modest After 0.3 Percent GDP Growth
Canada’s thriving oil and gas industry helped the economy grow by 0.3 percent in August from J...
GBP/USD – Steady As Unemployment Claims Within Expectations
For the second straight day, the British pound is trading quietly in the mid-1.60 range. The pound h...
USD/CAD – Canadian Dollar Climbs as GDP Beats Estimate
USD/CAD is higher on Thursday. The Canadian dollar has finally shown some upward movement, as it tr...
AUD/USD – Aussie Slightly Higher After Solid Building Approvals
AUD/USD has posted gains in Thursday trading, as the pair trades just above the 0.95 line in the Eur...
European Unemployment Rise Puts Pressure on Central Bank
Pressure is mounting on the European Central Bank to boost activity in the euro area after the lates...
Italian Jobless Rate Rises to 12.5 Percent
Italy’s jobless rate rose more than forecast in September to an all-time high as companies failed ...
Eurozone Inflation Falls in October
Eurozone inflation in October fell to 0.7%, its lowest since February 2010, thanks to a fall in ener...
Major Central Banks Extend Currency Swap Agreements
Six of the world’s leading central banks, including the US Federal Reserve, say they will prov...
ECB’s Nowotny Says Europe Will Avoid Cliff
The European Central Bank will provide more liquidity to avoid a “cliff” effect once lon...
Bank of Japan Upgrades Growth and Inflation Forecasts
The Bank of Japan (BOJ) has revised upwards its growth targets for the economy and stuck to its view...
US Jobless Drops After California Glitch Solved
The number of Americans filing new claims for unemployment benefits declined largely as expected las...
USD/JPY – Yen Steady As Fed Holds The Course
USD/JPY has posted modest losses in Thursday trading. The pair is trading in the low-98 range in Thu...
EUR/USD – Euro Drops After Weak German Numbers
EUR/USD is lower in Thursday trading. The pair has dropped below the 1.37 level and is trading in ...
Who Did The FED Spook? Not The Dollar
Trick or Treat – The Fed had little choice. It’s Halloween and yes theses markets have been ...
USD/INR – Sideways Trend Intact Post FOMC
USD/INR traded higher today following the gain in strength of USD overnight brought about by the lat...
Gold Technicals – Lower Post FOMC But Stronger Bearish Signals Needed
Gold prices fell following renewed speculation that the Fed will taper QE in either December or Janu...
BOJ’s Kuroda: Japanese growth will exceed potential.
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WTI Crude Technicals – Remaining Bearish But Sideways Trend Possible
The decline in WTI Crude extends yesterday, falling to a low of $96.80 per barrel by the end of the ...
SNB lost 10.7bln CHF on Gold in 2013, but earned 4bln CHF on FX
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