By Forex Yard - Today's U.S. Non-Farm Employment Change data release is set to dominate the trading between the Dollar...
U.S. Non-Farm Employment Change Data to Dominate USD Trading
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Dollar continues across-the-board slide
Risk-loving investors have turned oil prices and equities higher, putting the reflation trade back on track. The combination of an improving US (and global) economy is helping lift spirits but not the dollar. US debt levels will balloon in the near-term no matter what the economy does and will...
Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...
Gap Reports Better Than Anticipated Preliminary Results
Gap (NYSE:GPS) reported preliminary Q4 EPS of $0.41 – $0.42, beating estimates of $0.35 per share. Revenues in the quarter came in at...
Darling, Mandelson stay
The two posts that matter to the market , Chancellor and Business secretary, the post created for Peter Mandelson, are retained by their present holders in PM Brown’s new cabinet. Purchasing green bananas for the office canteen is not recommended for any of the Labour government. Cable trades...
Belgian Central Bank issues negative forecasts
Obviously all is not well in the state of Belgium. The Belgian central bank has; cut the GDP growth forecast for 2009 to -3.5% from -1.9%, which would be the worst on record sees a 2009 budget deficit of 5.5% of GDP sees a short period of negative inflation this year and has lowered the annual...