Sterling hit a seven-month high against a broadly weaker dollar on Tuesday as surprisingly strong figures on the US housing market fuelled speculation the ...
See all stories on this topic
Forex Daily Analysis
Source: www.forexhound.com
Read more...
EUR/JPY grinding higher
The EUR is modestly outperforming both the AUD and the GBP so far today which is not so much of a surprise given Asia’s propensity to consolidate overnight moves rather than break new ground. EUR/JPY is up at 138.00 and with the Nikkei looking to close the week above 10,000, risk aversion is...
Australian New Home Sales Down 8%
A monthly report on new home sales in Australia revealed a continuation of July’s dismal housing figures from the Outback economy. The...
Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...
Euro struggles in a US dollar weakening environment
By TraderVox.com The weakness in Euro continued in US session as well and it went below the 1.3300 levels to form a fresh low of 1.3281. It has...
CORRECT: WORLD FOREX: Dollar Maintains Rebound Into Afternoon
("=WORLD FOREX: Dollar Maintains Rebound Into Afternoon," at 1:01 pm EDT, misstated the reporting period for the ISM non-manufacturing activity index in the ... See all stories on this...