Bank of France industry business sentiment index has come in at 81 in May, up from 75 in April, and better than the median forecast of 77. The Bank of France has revised up slightly it’s forecast for the Q-2, from -0.6% to 0.5%. EUR/USD is on something of a tear, presently up at 1.3920. Technical resistance now at 1.3935/40. Sources report good EUR/USD buying interest coming out of Asia.
Bank of France business sentiment stronger than expected
Source: www.forexlive.com
Read more...
FOREX-Dollar recovers some ground; Swiss franc falls
The dollar recovered on Friday from its declines the previous day on the back of solid U.S. growth figures, while the Swiss franc fell sharply on market jitters of suspected intervention. Traders said the market was nervous about intervention by or on behalf of the Swiss National Bank to keep the...
Kenneth Cole Productions Tops Estimates For Q4, Rose 8.6% Year-Over-Year
Kenneth Cole Productions (NYSE:KCP) reported Q4 EPS of $0.43, better than analyst estimates of $0.28 per share. Revenues for the quarter rose...
Interview with Thompson Creek Metals CEO Kevin Loughrey
Insight into this Molydenum company’s Q4 2011 earnings and business outlook from Chief Executive Officer Kevin...
FOREX-Dollar pauses, investors reassess US rate view
By Naomi Tajitsu LONDON, June 9 (Reuters) - The dollar paused from gains on Tuesday while investors questioned whether there was a strong enough chance of a ... See all stories on this...
IG Group FY Pretax Profit Seen +29% After 4Q Revenue Gains
After taking steps to improve its competitive position in the quarter its forex performance was strong and activity in indices was similar to previous ... See all stories on this...