Australian Dollar Under Pressure
July 14, 2009 6:55 pm by Natalie R.The Australian Dollar (AUD) rose from a six week low against the USD late Monday after a rally in the U.S. stock market encouraging demand for higher yielding assets, and hitting a high of $0.7887. The AUD tumbled last week ...
AUD Struggling to Stay Above $0.80
June 22, 2009 12:21 pm by Natalie R.After a strong performance last week, the Australian Dollar started this week on a downtrend as expectations of interest rate hikes unwind over speculations the economic recovery in Australia will be shallow. The move to safer currencies is also supported ...
AUD Under Downward Pressure
June 9, 2009 2:35 pm by Natalie R.The Australian Dollar (AUD) experienced a slight gain today against the USD after dropping to the lowest level since May 28 the previous week due to an advance in U.S and European equity markets. The AUD is highly linked with ...
European Currency Forecast – 27 April 2009
April 27, 2009 6:39 am by Dan EduardGBP The Pound has faced a tough week of trading against its major currency crosses. This comes about as Britain's Chancellor of the Exchequer delivers his annual budget. As soon as it was released the Pound reacted negatively yesterday. However, as ...
Economic Indicators to Watch this Week
April 22, 2009 4:21 pm by Yan PettersU.S. Unemployment Claims (April 23, 12:30 GMT) – Although this is a weekly indicator, it tends to have a great impact on the market as it concerns the U.S.'s most delicate issue at the moment: unemployment. Recent reports have shown ...
American Markets Forecast – Week of 19 January 2009
January 19, 2009 2:59 am by Russell GlaserDespite weaker-than-forecasted U.S. retail sales and unemployment data, the U.S. Dollar gained this week on most major pairs as a loss of risk appetite amidst the economic downturn boosted the greenback. European sovereign credit worthiness and a further drop in ...
September 2008 U.S. Non-Farm Employment Change
October 2, 2008 11:53 am by Yan PettersWhat is the "Non-Farm Employment Change?" The U.S. Non-Farm Employment Change, also known as "Non-Farm Payrolls" (NFP) and the "Employment Report," is a monthly economic indicator used to measure the change in the number of employed people, excluding the farming industry.
U.S. Consumer Confidence Sentiment – Why is it Important?
August 15, 2008 11:37 am by Natalie R.The Consumer Sentiment survey usually acts as a direct reflection of prior leading financial indicators that are assembling the U.S economic outlook. The biggest impact of the survey derives from instantly affecting consumer data, such as home prices, food costs, ...
