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  • French industry output data much worse than expected

    French April industry output fell a hefty -1.4% m/m, much worse than expected, versus median forecast of -0.2%. Data has dented risk appetite a little, with EUR/USD falling back below 1.4100 to 1.4085 at writing. Cable is back below 1.6400 at...

  • Lacker: Brighter economic outlook, falling deflation fears shape yield curve

    Commenting of the very steep US yield curve, Richmond Fed’s Lacker says that a brighter economic outlook and easing deflation fears are mostly responsible. Left unsaid (or unreported) is the fear of a dollar decline are a big part of the back-up in yields as foreign investors fear their...

  • FOREX-Yen cuts earlier gains as it slides vs Aussie

    The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency ahead of an expected rate hike in Australia this week. The yen advanced broadly in early Asian trade, touching its highest levels in several weeks,...

  • USDCHF’s rise extended to 0.9234

    USDCHF’s rise extended to as high as 0.9234 last week. Support remains at the lower line of the price channel on 4-hour chart, as long as...

  • UK Economy is Set to Avoid Recession

    By TraderVox.com Tradervox.com (Dublin) - The UK economy is set to improve as signs of global economic growth are eminent. In the past few...