EUR Takes A Dive
April 22, 2010 12:44 pm by Greg HoldenEstimates are being given now about the damage inflicted on the transportation sector of the European economy due to the Icelandic eruption. A figure near $1.7 billion is on the conservative end of the estimated loss, most of which has ...
Today’s Forex Market Commentary
March 31, 2010 5:24 am by Russell GlaserThe dollar strengthened following positive consumer confidence numbers in the U.S. and negative news for the European financial system.
Will the Euro Be Able to Rebound Today?
March 25, 2010 11:05 am by Dan EduardWith the Euro quickly reaching record lows against several of its major currency pairs, today promises to be a very volatile trading day. The following is a roundup of the days major events.
European Inflation Data and ECB Speech to Drive Forex Trading
March 19, 2010 9:41 am by Natalie R.Today's trading could be influenced predominantly by the European markets. The Greek debt crisis has yet to be resolved as the major parties involved jockey for both a fitting solution to the problem and a political victory. European Central Bank ...
Consumer Spending Report Gives USD a Much Needed Boost
March 12, 2010 5:12 pm by Dan EduardIn a surprising development, both U.S. retail sales and core retail sales figures came in well above expectations today, defying most predictions. Analysts had predicted that the numerous winter storms that had wreaked havoc on much of the United ...
Forex Trading Prepares for U.S. Retail Sales Data
March 12, 2010 10:50 am by Natalie R.Two major news releases are expected from the U.S today, the Retail Sales and Prelim UoM Consumer Sentiment. As with other recent U.S data, investors are looking to any sign of economic recovery as this may signal a sooner than ...
US Retail Sales on Tap
February 12, 2010 9:07 am by Natalie R.10:00 GMT: EUR – Flash GDP - Change in the inflation-adjusted value of all goods and services produced by the economy. The gross domestic product (GDP) figure tends to have a moderate impact because Germany and France, which account for about ...
European Market Data on Tap for Today’s Trading
January 22, 2010 11:08 am by Russell GlaserKey economic data from both England and the EU will be released today and will impact trading at their release. Most of the market is following developments in China. Will the Chinese enact further policies in order to limit growth ...
Canadian Sales Report Set to Create Market Volatility
December 21, 2009 3:47 pm by Dan EduardThe Canadian Core Retail Sales Report, set to be published today at 13:30 GMT, promises to inject some volatility into what has been a slow trading day. The report is a measure of the change of total value of retail ...