The Conference Board’s consumer confidence gauge dropped from the record high of 72 points, but still remains high at 63.4 points . This key survey always rocks the dollar. Expectations …
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The hawkish comments by FOMC member sent Dollar/Yen to 82.37, a break above the previous resistance area and the highest level since the catastrophic earthquake. USD/JPY had a hard time …
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The final release of British GDP was slightly better than the second one, but in line with the first – the economy squeezed by 0.5% in Q4 of 2010. GBP/USD …
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The president of the European Central Bank, Jean-Claude Trichet, continues have a strong and positive impact on the Euro. In another public appearance, Trichet reiterated his tough stance about inflation …
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US pending home sales surprised with a rise of 2.1%, much better than expecte . Early expectations stood on 0.5%, after last month’s figure was also negative – a drop …
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Personal spending, an important gauge of consumer confidence in the US, rose by 0.7%, slightly better than 0.6% that was expected. The dollar is slightly stronger, with EUR/USD at important …
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GBP/USD hit a 6 week low and lost support after a series of worries hit Britain and as the US dollar strengthens across the board. Cable already started the week …
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The Irish government pulls the inevitable weapon – having senior holders lose their money. This news on the weekend, paves the way for a weak start for EUR/USD at the …
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The Australian dollar seems unstoppable recently. It now trades at the highest levels in the float era, after making a distinctive break. Update on the surging currency. AUD/USD now trades …
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The Australian dollar broke important resistance, reached a 10 week high and is eying the float-era high. Here is an update on AUD/USD and 4 reasons for this move. AUD/USD …
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