Economic News

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British Pound Rips on Better-than-Expected Retail Sales

Posted in Economic News Talking Points: U.K. Retail Sales y/y and m/m Beat Expectations British Pound Rises against US Dollar Following Data Release U.K. Rate Forecasts Refuse to Retreat, so Does Sterling U.K. Retail Sales in February came in ...

Mar 27, 2014 – 17:33» More..

Forex: Kiwi Soars to Highest Level since April, RBNZ’s Spencer Comments

Posted in Economic News Talking Points: Kiwi Reaches Multi-Week Highs Against All of Its Major Peers RBNZ’s Spencer’s Speech in Hong Kong Boosts NZD/USD to Multi-Month Highs Next RBNZ Decision is April 23, 2014 The New Zealand Dollar outperformed its ...

Mar 27, 2014 – 14:56» More..

Gold and Silver Slip Further While Crude Oil Cracks $100 Handle

Posted in Economic News Talking Points WTI open to further gains on positive US data in session ahead Gold and silver remain vulnerable to ebbing safe-haven demand Copper bears cap the base metal’s gains at critical $3.00 handle Crude oil has broken above the ...

Mar 27, 2014 – 11:24» More..

Dollar Retreats as Rate Outlook Outguns Risk Aversion

Dollar Retreats as Rate Outlook Outguns Risk Aversion

Posted in Economic News Talking Points: Dollar Retreats as Rate Outlook Outguns Risk Aversion Yen Crosses Face Inflation Data Tomorrow, Tax Hike Next Week Euro: Officials Making a More Obvious Bid to Talk Down ...

Mar 27, 2014 – 10:57» More..

AUD/USD – Australian Dollar Woes Over?

Posted in Economic News Talking Points: - Australian economic data is near its apex for 2014. - The Reserve Bank of Australia wants a weaker currency, doesn’t mean they’ll get it. - Aussie looks to bottom versus British Pound, Euro, and US Dollar. The ...

Mar 26, 2014 – 21:09» More..

Crude Oil Teases at Break of $100, Gold Vulnerable To Fresh Declines

Posted in Economic News Talking Points Gold and silver vulnerable to further declines as geopolitical risks abate Copper’s bounces to critical $3.00 level on China stimulus speculation $100 handle continues to cap crude oil gains ahead of inventories ...

Mar 26, 2014 – 14:49» More..

Germany’s Consumer Confidence at Highest Level in 7 Years

Posted in Economic News Talking Points: Germany’s GfK Consumer Index In-Line with Expectations at 8.5 in April Euro Little-Changed Against US Dollar Following Data ECB Makuch Comments Weigh on Euro and Boost ECB Stimulus Speculation The Euro rose (albeit ...

Mar 26, 2014 – 14:45» More..

EUR/USD Falters as Makuch Warns of ECB Action and Euro Weakness

Posted in Economic News Talking Points: ECB’s Makuch warns of possible measures to avoid deflation Makuch also sees potential for a weaker Euro EUR/USD falls 30 pips on comments Want to trade with proprietary strategies developed by FXCM? Find out how ...

Mar 25, 2014 – 20:45» More..

German IFO Survey Falls for First Time in 5 Months

Posted in Economic News Talking Points: German IFO Business Climate 110.7 in March vs 110.9 Estimates Euro Rises Little-Changed Against US Dollar Despite Worse-than-Expected Data Focus Shifts to Germany’s Flash March CPI Release Due Later This ...

Mar 25, 2014 – 16:45» More..

Forex: Pound May Fall on Soft UK CPI, Euro to Look Past IFO Downtick

Forex: Pound May Fall on Soft UK CPI, Euro to Look Past IFO Downtick

Posted in Economic News Talking Points: Euro May Weaken on IFO Survey But Follow-Through Likely Limited Soft UK CPI Report May Erode BOE Policy Outlook, Weigh on Pound Aussie and NZ Dollars Rise, China Fiscal Stimulus Bets Possible ...

Mar 25, 2014 – 10:45» More..