By ForexYard - The Dollar gained considerably ground in yesterday's trading, whilst the price of Crude Oil plummeted...
Tomorrow’s U.S. Non-Farm Payrolls to Dictate USD Direction
Source: feedproxy.google.com
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EURUSD remains in uptrend from 1.3146
EURUSD remains in uptrend from 1.3146, the pullback from 1.3833 is treated as consolidation of uptrend. Support is now at 1.3650, as long as...
Australian unemployment numbers due out today
The unemployment rate surprised everyone, including the statistics office, by falling to 5.4% last month. There were complaints about the way the data was assessed and the ABS have introduced some changes for the May data. The consensus estimate is now for unemployment to return to 5,7% though some...
What's Wrong with this Picture of the Forex Market?
Can anyone remember the last time this occurred with such a calm market reaction, even allowing for a partial holiday? Initial theories seem to be that risk is back on and global recovery is in full swing, which are plausible, albeit remotely at this early stage. However as yesterday’s Cable...
Tories crush Labour in Norwich North by-election
Start packing your bags...
Fed’s Bullard ‘cautiously optimistic’ on H2 growth
Spreads are coming back toward normal but are not yet at pre-crisis levels, St Louis Fed president Bullard says. High long-bond yields are both a reflection of inflation fears and optimism on the economy, he says. The risks of a Japanese-style deflation trap are receding, he says. The Fed is...