German and Euro-Zone ZEW Economic Sentiment Reports
August 18, 2009 10:12 am by Greg HoldenWith yesterday's sudden drop in global stock markets, the demand for safe-havens such as the USD and JPY returned temporarily, pushing those two currencies to 2-week highs against their rivals. However, during today's early morning hours, this trend has reversed, ...
EUR and AUD Forecasts
July 28, 2009 3:15 pm by Natalie R.EUR The EUR holds firm against the U.S Dollar today after it hit its highest in 8 weeks Monday, when a jump in U.S. New Home Sales encouraged investors to seek riskier assets. The EUR edged up 0.1% to $1.4243 after ...
Risk Appetite Growing; EUR Pares Losses
July 7, 2009 8:47 am by Greg HoldenAfter yesterday morning's short boost to the USD and JPY, as well as Crude Oil's tumble toward $63, we now see a return of risk appetite following the US's manufacturing data release. As of this morning the EUR and GBP ...
Flurry of Data to Cause Bumpy Ride Today
June 16, 2009 8:50 am by Anton EljwizatA blizzard of economic events is expected from the U.S and Euro-Zone today. Forex traders should definitely pay closer attention to the EUR and USD markets as they will be in the driver's seat of the market. Japan announced their ...
EUR Weakening; GBP Sees Gains – Weekly Forecast
June 15, 2009 9:02 am by Natalie R.EUR The EUR weakened on Monday after the UK Daily Telegraph reported on its website that Germany's top industrial group has warned that Germany's credit crunch is deepening. The currency dropped 0.6% against the USD to $1.3882, and also declined 0.5% ...
CB Consumer Confidence Report Today!
May 26, 2009 9:40 am by Greg Holden26 May 2009 8:00 GMT - EUR - Current Account: • This is the difference between imported and exported goods in the Euro-Zone.
French and German Manufacturing/Services PMI
May 21, 2009 9:51 am by Natalie R.French Flash Manufacturing/Services PMI This is a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
EUR Benefits from Market Fear
May 4, 2009 6:54 pm by Greg HoldenThe EUR may well have been last week's victor in the forex market, making solid gains against all of its currency rivals. The EUR started this week up against the USD near the 1.3330 price level, and started climbing back ...
German ZEW Economic Sentiment Expectations
April 20, 2009 10:09 pm by Natalie R.German Economic Sentiment is a leading indicator of the country's economic health. This indicator reflects the difference between the share of analysts that are optimistic and the share of analysts that are pessimistic for the expected economic development in Germany ...
EUR and GBP Outlook – 20 April 2009
April 20, 2009 5:54 am by Russell GlaserEUR The EUR fell against the Dollar as this past week’s trading of the Euro-Zone currency was driven by a looming rate cut from European Central Bank (ECB). Traders have all but priced in another 0.25% rate cut as economic numbers ...