• Share
Home Market Updates Daily fundamental analysis

Title Filter     Display # 

FX Markets Quiet Before An Event Filled Week

News and Events: There is a definitely a calm before the storm feeling in the FX markets today. Asian equity markets were mixed and Europe has had a confusing start. While the news flow over the weekend was broadly supportive of the EUR (baring the political developments in Ireland), the EURUSD has steadily traded lower on the open. ECB Executive Board member Stark stated that he 'could imagine the EFSF recapitalizing banks or...

Euro Still Strong In The Beginning Of A New Week

Euro Still Strong In The Beginning Of A New Week 2011-01-24 09:41:34     The euro's upward rally continues as investors appear more confident over the euro zone sovereign debt situation. The single currency rose as high as 1.3645 against the US dollar today as investors' demand for the euro increased to its highest in two months. The pair was last traded at 1.3591 dollars. Hopes that the euro zone policymakers will take decisive steps in defending the euro and...

Daily Financial Market Position

Daily Financial Market Position 2011-01-24 07:22:53     Last week, euro zone periphery bonds found support from a range of factors; not least rumors that euro zone countries may seek to increase the size of the EFSF and/or allow for direct purchases of sovereign bonds. However, the capability for core euro zone countries to lend a hand to their single currency compatriots relies heavily on their own real economic prospects. Today's euro zone preliminary PMI survey results for January will...

The Price Index Of Australian Producer Dropped In the Fourth Quarter

The Price Index Of Australian Producer Dropped In the Fourth Quarter 2011-01-24 06:37:10     Today’s report showed producer prices index in Australia declined during the quarter of September to December giving signs of easing inflation, adding that monetary policy makers might not pressured to continue in raising borrowing costs in the first half of the year. The Australian economy issued its producers price index for the three months ending in the month of Dec. 31, which released with...

Forex Exchange Morning Report

Forex Exchange Morning Report 2011-01-24 05:31:46     EUR saw decent gains on Friday helped by IFO expectations at a new record high. The EUR trade goes above 1.36 for the first time since November 23. Spain announced a partial state takeover of its weakest savings banks, forcing debt laden regional savings banks to become conventional banks and seek stock market listings. The US$ was weak against other currencies too - the closely watched DXY index fell to 78.10...

London Session: Germany's Economic renaissance Continues

London Session: Germany's Economic renaissance Continues 2011-01-21 13:09:33     Yesterday's stronger data print in the US that saw more encouraging initial jobless claims, helped the dollar pare some of its recent losses, but it looks like it will be a dismal week for the greenback. The dollar index is already down more than 1 per cent this week and is currently trading at 78.60, while EURUSD is looking increasingly comfortable above 1.3500. The economic data out of the...

German Business And Investor Confidence Boost Recovery Hopes

German Business And Investor Confidence Boost Recovery Hopes 2011-01-21 12:17:19     German business confidence rose to 110.3 in January from the revised 109.8 in December, providing signs the largest economy in the euro area will lead recovery this year.If current assessment ticked down to 112.8 from the prior 112.9 and expectations gauge soared to 107.8 from the revised 106.8 last month. German factory orders improved and investor confidence edged up to 82.8 in January from 82.6 and...

Euro Edges Higher Supported By Heightened Risk Appetite

Euro Edges Higher Supported By Heightened Risk Appetite 2011-01-21 10:25:18     The euro got stronger today supported by a heightened risk appetite, after data surprised the market showing a significant decrease in the US Jobless Claims. Successful bond auctions in Portugal and Spain and talks of an increased euro zone safety-net fund raised investors' hopes about the euro zone problematic debt situation. The single currency broke above the 1.35 level versus the US dollar for the third straight...

Strong Chinese Development Sparks Tightening Fears

Strong Chinese Development Sparks Tightening Fears 2011-01-21 06:40:49       U.S. Dollar Trading (USD) strong data and weak commodities sent the Dollar higher across the board. Weekly Jobless Claims dropped to 404k vs. 445k previously. December Home Sales at 5.28m vs. 4.88m previously. In US stocks, DJIA -2 points closing at 11822, S&P; -1 points closing at 1280 and NASDAQ -21 points closing at 2704. The Euro (EUR) held strength better than most with the market bounded between 1.34-3500....

Morning Report Of Forex Exchange

Morning Report Of Forex Exchange 2011-01-21 05:36:20     A weaker tone to the commodity currencies overnight on the back of concerns that the PBOC would further tighten policy after Chinese GDP came in at 9.8% yr (9.4% forecast). Stronger earnings by Morgan Stanley weren't enough to lift investor sentiment (State Street and Bank of NY Mellon just missed analysts' expectations), with the S&P; 500 ending down 0.2%. The bid tone to the USD following China's data releases dissipated...
 
«StartPrev12345678910NextEnd»