USD Commentary

Source: feedproxy.google.com

Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s [...]


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  • Dukascopy Morning Forex Overview - Oct 5 2009

    Previous session overview Demand from importers pushed the dollar up against the yen in Asia Monday, but the U.S. unit’s upside is likely to be limited because the weekend Group of Seven meeting didn’t issue a clear warning about a too-strong yen. The U.S. currency rose slightly to...

  • Quiet London session as markets focus on US Payrolls

    UK Pensions Minister James Purnell resigns and calls on Prime Minister Gordon Brown to quit too. UK Q1 Construction output falls 9 % q/q, ONS likely to revise Q1 GDP to -2.2% from -1.9% as a result. UK PPI meets expectations, factory costs fall at sharpest rate in 7 1/2 years. Swiss inflation...

  • The S&P;500 Conundrum

    By Adam Hewison - I was just looking at the S&P 500 index as we come to a close for the week of June 6th. While the market appears higher...

  • USDCAD breaks above falling trend line

    USDCAD breaks above the falling trend line from 1.0745 to 1.0413, suggesting lengthier consolidation of downtrend is underway. Bounce to test...

  • BOE’s Tucker: Medium term economic outlook highly uncertain

    Bank of England Deputy Governor Paul Tucker feels, that while surveys have pointed to some improvement in the economy, the outlook remains highly uncertain and may not clear until late autumn. The official says the market is right to assume the BOE would tighten monetary policy when the inflation...