Forex news
Australia Q2 Producer Prices Rise Less Than Forecast
Australia's producer prices at the final stage of production rose in the June quarter but at a less than expected pace, data released by the Australian Bureau of Statistics showed on Monday. The subdued producer price inflation print lessens the...
Continue reading full story (read 3 views times) Add a comment - 0 users have commented on this postJapan Nets Y687.0 Billion Surplus In June
Japan posted a merchandise trade surplus of 687.0 billion yen in June, the Ministry of Finance said on Monday, up 41.1 percent on year and marking the 13th consecutive monthly surplus...
Continue reading full story (read 4 views times) Add a comment - 0 users have commented on this postJapan Nets Y687.0 Billion Surplus In June
Japan posted a merchandise trade surplus of 687.0 billion yen in June, the Ministry of Finance said on Monday, up 41.1 percent on year and marking the 13th consecutive monthly surplus...
Continue reading full story (read 2 views times) Add a comment - 0 users have commented on this postJapan Crude Import Volume +0.5% On Year In June
Japan's crude import volume was 15 million kiloliters in June, the Ministry of Finance said on Monday, up 0.5 percent on year....
Continue reading full story (read 3 views times) Add a comment - 0 users have commented on this postJapan Posts Y687.0 Billion Surplus In June
Japan saw a merchandise trade surplus of 687.0 billion yen in June, the Ministry of Finance said on Monday....
Continue reading full story (read 4 views times) Add a comment - 0 users have commented on this postThe Dollar is on the Ropes, Again
The final week of July saw mixed price action among asset classes, as better than expected data from outside the US was mostly offset by weaker US data. US stocks finished slightly weaker while the MSCI world stock index gained...
Continue reading full story (read 9 views times) Add a comment - 0 users have commented on this post$/Cad, at Base of 3 Month Pattern
No change in the view in $/cad as the market continues to form a large pennant/ triangle since the April low at .9935. As been discussing for quite some time, these are seen as continuation patterns, suggesting an eventual downside...
Continue reading full story (read 7 views times) Add a comment - 0 users have commented on this postUSD/CAD Potential Triangle Break
Price action on USD/CAD (a daily chart of which is shown) as of Friday (7/30/2010) has once again hit the bottom of a large triangle consolidation pattern after having traded just below key 1.0400 resistance for the entire week. This...
Continue reading full story (read 20 views times) Add a comment - 0 users have commented on this postUSD/JPY Falls to Lowest Level This Year
The dollar was higher against the euro on Friday but lower versus other major currencies. US GDP rose at a 2.4% annualized pace in Q2 2010. While Q1 GDP was revised higher, estimates back to 2007 were revised lower. The...
Continue reading full story (read 6 views times) Add a comment - 0 users have commented on this postUS GDP and a Preview of Next Week’s US Releases
In today’s video we dissect the 2nd quarter GDP results and what it means for the US recovery. The economy grew a smaller than expected 2.4% annualized rate. We also cover the important releases to look out for next week. ...
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