US consumer confidence rockets higher

Source: www.forexlive.com

The Conference Board’s measure of Consumer Confidence rose sharply to 54.1 in August from an upwardly revised 47.4 in July. Again like last time, little early reaction in Eur/Usd to the news. More so in Usd/Jpy as the pair moves back to 94.50


Read more...

  • A few more comments hit the wires

    More from Fed’s Fisher, says global economy still has “an awful lot of slack” and that the US Banking system has been pulled back from the brink of systemic risk. US Treasury’s Geithner has seen encouraging signs in credit conditions in recent weeks. EU’s Almunia says...

  • Gods Gift ATR EA

    Hello there. I hope your trading is going well. Today’s post is mainly geared towards users of EAs (aka Expert Advisors for you forex newbies), so if you’re into EAs keep on reading. So anyways, a while back I came across a free EA called “Gods Gift v7.” I forget exactly...

  • EUR/USD trying to steady at lower levels

    EUR/USD is trying to steady at lower levels, presently at 1.3850. Last heard reports of China buying up around 1.3880/90 and gotta think they’ll be sniffing around again in the low 1.38’s, although haven’t heard of them being in again as yet. Stocks are trying to claw back some of...

  • New York Session Recap - Forex Trading, Currency Forecast, FX ...

    New York Session Recap The downside pressure on the US dollar remained palpable in the NY session as fiscal deficit worries remain front and center. Talk out of Russia for a new global reserve currency and Chinese students laughing at ... Forex Fundamental Analysis Reports... -...

  • iShares ETFs: The Top 10 Performers

    Article by Investment U The ETF industry now accounts for over $1 trillion. And one ETF issuer in particular dominates this market…...