GS Forex - Australia OPEN! NFP fuels risk-on but Greece still a problem; retail ahead Wall Street started the higher on Friday after the US non-farm payrolls report surprised well above expectations (Jan nonfarm payrolls 243k vs 140k exp.See all stories on this topic »
Forex - Australia: What's Priced In - RBA Expectations (OIS) 6 Feb 2012
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Asian Market Update 28-5-2009... | Financial 24
10:31 Asian Market Update 28-5-2009 Asian Market Update Tokyo Equities Shrug US Weakness as Monthly Retail Sales Rise to. Financial 24 | Financial News -...
Pimco’s El-Erian: Fed unlikely to raise rates this year
Of course, he’s talking his book, but more than likely he has it right, saying it is unlikely the Fed will hike rates this year. The market got a bit excited earlier this week at the notion that a hike could come before year-end but those hopes have moderated. Further, El-Erian says the...
Lots of buyers in the AUD/USD
As we mentioned earlier this morning, all the weak stops were triggered in the AUD/USD below .7875 last night in early Europe and now there are lots of buyers emerging from the woodwork. The AUD/USD has jumped from .7880 to .7930 already this morning and one dealer I spoke with sees it going to...
US Treasury confirms bank TARP repayment of $68bln
The US Treasury has confirmed overnight talk that US banks are starting to repay some of the TARP bail-out funds. It really was a classic case of buy the rumour sell the fact in Eur/Usd as we drop below 1.4000. Good news though with the Trasury saying that they have received repayments from Banks...
Unstable Currencies Experience Drop
Source: ForexYard In addition to the euro’s weakness this morning we’ve also seen weakness from other riskier currencies. The...