Why 77.82 is a Key Level for Oil
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U.S. Dollar Trading (USD) with 'risk on' the dollar was under pressure across the board with the notable exception of the Euro. Helping sentiment improve and stocks rally was Weekly Jobless Claims at 440k vs. 483k. In US stocks DJIA +105 points clos
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Thin markets conditions into the year-end guaranteed a whippy and volatile end to trading in currency markets in 2009 which saw the USD taking a breather from its strong December rally. GBP ended the year riding a bid wave amid strong fixing demand
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Singapore's economy shrank in the fourth quarter after showing some expansion in the previous three months that reflects an overall shrinkage for this year by 2.1%, proving the ongoing pressure of recession. The government expected the GDP to grow n
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The U.S. ISM Manufacturing PMI numbers printed well above the expected numbers, indicating that the economy is showing a slow and steady improvement, however the service and employment side of the economy now has to follow suit.
Positive commod forex news :: view details »
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The USD has reversed its early gains in the Asian session, as commodities and commodity-currencies have rallied higher throughout the European session and equity markets have continued their strong start to 2010. The USD experienced a broad-based se
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After an active European and early U.S. session, the currency market came to a standstill throughout the second part of the U.S. trading hours. In Monday trade, the currency market broke free from the pattern observed throughout December the dolla
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German Unemployment Change
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The market is currently trading in a equilibrium phase, or so it seems, highlighted by the euro, swissy and the aussie that have barely moved in recent trade, while the pound, cad and the yen have managed to pull some interesting moves overnight. Am
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The story remains the same everywhere you look around the world. The manufacturing baseline expansion continues to underpin expectations for a decent first half of the year. Money managers see little reason not to add equities, commodities and highe
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Eurozone CPI Estimate
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A report today showed building approvals in Australia rose in November adding to signs of recovery in the Australian economy that was one of few major economies managed to avoid technical recession. Demand in the housing Market still strengthening b
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