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
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
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..