GBP – Halifax HPI – Housing Report
June 30, 2009 8:05 pm by Dan EduardThe figures for the Halifax HPI (also known as the House Price Index, Halifax Bank of Scotland) are set to be released at 8:00 am GMT this coming Wednesday. These results are set to have a very high significance on ...
EUR CAD Impending Bearishness
June 30, 2009 4:36 pm by Anton Eljwizat• The chart below is the daily chart for EUR/CAD by ForexYard. • The technical indicators used are the Slow Stochastic and RSI
Risk Aversion and Commodities Put Downward Pressure on Kroners
June 30, 2009 12:53 pm by Greg HoldenIn Scandinavian news this week we have a few factors to consider. First is the purchase of 4 billion Thai Baht by Sweden which has helped boost Sweden's market share and ability to conduct more long-term business in the South-Asian ...
Is US Consumer Confidence Diminishing?
June 30, 2009 12:46 pm by Natalie R.The Conference Board's (CB) Consumer Confidence Index, which is set to be released today at 14:00 GMT, is a leading indicator of economic health in the U.S and usually causes great market volatility. The consumer confidence report is based on ...
Positive Economic Outlook Results in Yen Sell-Off
June 30, 2009 10:45 am by Natalie R.The Yen started the week with a downtrend against most of its major currency counterparts as optimism returned to investors. The drop was exacerbated by increased bullishness in world equity markets. Since Japan’s interest rate is extremely low, investment in ...
CB Consumer Confidence on Tap
June 30, 2009 10:03 am by Natalie R.The market appears dominated by rising confidence in Europe mixed with poor economic data. Despite negative reports, consumer optimism is on the rise. This has led to an increase in risk appetite which in turn boosts higher yielding currencies such ...
EUR Rebound in the Making
June 30, 2009 5:35 am by Dan EduardEUR The European currency has experienced much volatile behavior in the past several trading weeks. This is owed to the EUR's response to various equity market rallies, and mixed data regarding the economic situation in the Euro-Zone. Recently published data shows ...
Will the Dollar Experience an Up-Trend this Week?
June 29, 2009 7:08 pm by Natalie R.The dollar index started Monday with a slight uptrend, trading at 79.958 up from 79.830 on Friday. The Dollar was help by renewed concerns over the global recovery. Still, uncertainty regarding market conditions, as well as the direction of the ...
CAD/JPY Upward Correction Taking Place
June 29, 2009 5:11 pm by Anton Eljwizat- Below is the daily chart for the CAD/JPY by ForexYard. - The indicators used are the MACD and RSI.
Dollar Volatility Calms as Markets Falter
June 29, 2009 11:11 am by Anton EljwizatThere is likely to be less volatility in the market today with almost no market moving data on tap from Europe and Unites States. However, Britain and Japan appear to be releasing the bulk of today's news which may indeed ...
