On Wednesday, the Office for National Statistics (ONS) revealed that the UK economy contracted by 0.2 percent for the final quarter of 2011....
Recession Fears Could Delay UK Deficit Reduction Plans
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Australia May employment -1700 s/adj, much better than expected
Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...
BOE risks of CPI being above or below target in 2 years balanced if rates held at 0.5%, 175 bln QE
The Bank feels the risks of CPI being above or below target in 2 years balanced if rates held at 0.5% , QE at 175 bln. BOE chart shows CPI below target at around 1.4% in 2 years assuming market rate path, QE of 175 bln. More likely than not inflation will fall below 1% in Autumn triggering letter...
FOREX-Dollar falls, euro pushes above $1.40
By Steven C. Johnson NEW YORK, June 9 (Reuters) - The dollar ended a two-day winning streak on Tuesday and fell against major currencies as investors ... See all stories on this...
GBPUSD broke above price channel
GBPUSD broke above the downward price channel on 4-hour chart, suggesting that the fall from 1.6164 had completed at 1.5423 already. Further rally...
FOREX VIDEO - Pre London Outlook October 5th 2009
Hi everyone, I hope you survived or even profited from the NFP chaos on Friday. For this outlook I try to make some technical sense of things post NFP. I concentrate on the Pound USD as well as take a brief look at the Euro and Euro Pound. I make use of several longer term charts and talk...