Market Reviews from FXCC – Daily reviews of all the news from the world of Currencies and Forex Precious Metals
Euro Dollar USD – U.S. Federal Reserve Beige Book, the Fed’s official assessment on economic conditions in the 12 Federal Reserve districts. Released exactly two weeks before the Fed’s next monetary policy meeting on April 24-25, the Beige Book report should confirm the signs of consistent improvement in the U.S. economy, lessening the likelihood of […]
Market Review April 10 2012 Read More »
Euro Dollar The EUR will enter a renewed weakening phase as sizeable debt refinancing activity and alarming structural unemployment limits the euro zone’s ability to transition to a sustainable growth path following this year’s expected recession. Meanwhile, the GBP offer a relatively positive outlook. The European “firewall”, though somewhat disappointing, has received agreement from major
Market Review April 9 2012 Read More »
Remember April 6, 2012 is a holiday and most markets are closed. The US will release the Non Farms Payroll report on Friday. Many markets are closed on Monday also. Trading volume will be light today and on Monday. Euro Dollar USD- U.S. Non-Farm Payrolls and Employment Situation, the main indicator of U.S. economic health
Market Review April 6 2012 Read More »
Remember April 6, 2012 is a holiday and most markets are closed. The US will release the Non Farms Payroll report on Friday. Many markets are closed on Monday also. Trading volume will be light today and on Monday. Euro Dollar USD- U.S. Non-Farm Payrolls and Employment Situation, the main indicator of U.S. economic health
Market Review April 5 2012 Read More »
Euro Dollar The euro is plunging after FOMC minutes showed that the Fed is not motivated at this time for any bond program or QE. The euro is trading for 1.323 down 0.68% in just a few minutes. Coming up in tomorrow’s US session: [unordered_list style=”green-dot”] U.S. Treasury Secretary Timothy Geithner (January 2009 – January
Market Review April 4 2012 Read More »
Euro Dollar Today, the calendar is thin. In Europe, the Spanish Parliament will discuss the new 2012 budget. This might cause some euro negative headlines and analysis on the country. However, the situation of Spain is already well documented. So, the impact on EUR/USD trading might be limited. In the US, the factory orders will
Market Review April 3 2012 Read More »
Forex Markets The Chinese official manufacturing Purchasing Managers’ Index (PMI), which was released Sunday for March reached 53.1 on a 100-point scale, up from 51 for February, according to China Federation of Logistics and Purchasing. The March reading in the official report was the fourth consecutive monthly increase. A final report from HSBC and Markit
Market Review April 2 2012 Read More »
