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Peter Cardillo, Chief market economist, on the ECB prospects
Fri, 12 Sep 2014 07:12:24 GMT
 
Talking about the Euro zone currency, I believe we are probably looking at 1.25 within the next several months. >>
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Dollar rallies before Fed meeting
Fri, 12 Sep 2014 07:07:03 GMT
 
The Dollar added to its biggest gain against its most-traded peers since November just as the Federal Reserve is planning to meet next week. The Bloomberg Dollar Spot Index increased >>
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NZ manufacturing picks up and food price index inches up
Fri, 12 Sep 2014 06:56:08 GMT
 
Activity in New Zealand's manufacturing sector, which has been hard hit by the strong nation's currency, rose in August, prolonging the period of expansion to two years and reaching the >>
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USD/CHF to move further away from 0.93
Fri, 12 Sep 2014 06:45:53 GMT
 
USD/CHF stays capped by the weekly R1, but, provided that the support at 0.93 is not suddenly violated, the bulls should gain the upper hand in this local battle. >>
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USD/JPY's upward momentum to be tested by 108
Fri, 12 Sep 2014 06:43:50 GMT
 
USD/JPY is approaching the supply area formed by the weekly and monthly R3 levels, which can throw the price back to 106. >>
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GBP/USD is set to resume decline
Fri, 12 Sep 2014 06:41:30 GMT
 
With yesterday's spike extending to 1.6276, GBP/USD has finally closed the gap, meaning there are no more reasons for the Pound to advance. >>
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EUR/USD is ready to break 1.29
Fri, 12 Sep 2014 06:41:14 GMT
 
Since Monday the trading range has been narrowing, and EUR/USD seems to have formed a symmetrical triangle as a result. >>
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Oz labour market improves, as jobless rate falls to 6.1% in August
Fri, 12 Sep 2014 06:39:04 GMT
 
Employers in Australia provided a record number of jobs in August, while unemployment declined to the June's level last month, sparking optimism over the outlook for the labour market during >>
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U.K. housing market cools
Fri, 12 Sep 2014 06:28:04 GMT
 
U. K. house prices increased at the slowest pace in a year in August, as prospects of higher interest rates have dampened buyers' confidence. >>
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U.S. initial jobless claims unexpectedly rise more than expected
Fri, 12 Sep 2014 06:17:04 GMT
 
The number of new applications for unemployment benefits increased last week to reach the highest level since June, but still remained near eight-year lows. >>
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Inflation in core countries remains low, unemployment in Greece falls
Fri, 12 Sep 2014 06:06:05 GMT
 
Mixed data came out on Thursday, with inflation readings in the top European countries recording slow growth of consumer price inflation, while unemployment rate in Greece ticked down slightly in >>
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NZD/USD dives below 0.82 level
Thu, 11 Sep 2014 15:31:04 GMT
 
NZD/USD has prolonged its decline to four straight days, as the pair approached the monthly S2 at 0.8176 today. >>
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USD/CAD consolidates around 1.10
Thu, 11 Sep 2014 15:20:03 GMT
 
Today the U.S. currency has reversed yesterday's losses and it is challenging the 1.10 level once again. >>
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AUD/USD slides towards 0.91 level
Thu, 11 Sep 2014 15:09:05 GMT
 
The USD/CAD currency pair is still on a strong down-trend, as of today it is moving even closer to the 0.91 level, which has not been approached since this year's >>
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EUR/JPY climbs higher
Thu, 11 Sep 2014 14:58:05 GMT
 
EUR/JPY cross continues to climb higher, the pair has fully recovered from the last week's drop, when the pair lost around 250 pips in two trading sessions, and now it >>
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