Search results for strategist@dailyfx.com (David Song

Euro-Zone employment increased at its slowest pace in two years, rising 0.2% in the second quarter, while the yearly figure slipped to 1.2% from 1.6%.... forex news :: view details »

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The EUR-USD short covering rally extended above 1.4100, with the market gunning for stops above 1.4110-20 and at 1.4130-50. An Eastern European name that... forex news :: view details »

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Growth prospects for the Euro-Zone is expected to weaken further as market participants forecast the unemployment rate to increase to 7.6% from 7.5% in... forex news :: view details »

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The Reserve Bank of Australia rate decision will kick the slew of market moving indicators this week, and may trigger heavy selling pressures for the Australian... forex news :: view details »

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The Fed has commenced QE (quantitative easing). In this note, we review the concept of QE and analyse the likely impact of this extraordinary operation... forex news :: view details »

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Euro-Zone producer price slipped to 8.5% from a revised reading of 9.2% in July, falling from an 18 year high on the back of falling oil prices. However,... forex news :: view details »

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The BoE’s third quarter credit conditions survey showed that availability of credit for corporate was weaker than the bank had anticipated, which suggests... forex news :: view details »

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Retail spending in Switzerland surged 6.4% from the previous month despite expectations for a 0.8% gain. The breakdown of the report showed that discretionary... forex news :: view details »

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JPY eased as risk appetite improved on Lehman Brothers sale talk. Articles in the U.S. press suggested that the U.S. Treasury and the Fed are helping to... forex news :: view details »

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Mounting turmoil in the financial markets paired with falling commodity prices have triggered heavy selling pressures for the Australian dollar earlier... forex news :: view details »

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Retail spending in Germany surged to a two year high of 3.1% from a revised reading of -1.0% in July on the back of falling oil prices. Meanwhile, retail... forex news :: view details »

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The Euro-Zone is facing its first recession in 15 years as the advanced GDP reading for the third quarter showed that the economy contracted another 0.2%... forex news :: view details »

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The Swiss National Bank lowered the 3-month target LIBOR rate by 50bp to 0.50% as expected, but lowered their growth and inflation forecasts for 2009 as... forex news :: view details »

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The German unemployment rate rose for the first time in almost three years in December as the economy lost 18K jobs in December, which leave the unemployment... forex news :: view details »

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