Market Drivers September 7, 2012 Risk explodes higher as ECB bond support program received well NFPs key event risk for the day Nikkei up 2.20% Europe up 1.44% Oil $96/bbl Gold $1699/oz. Europe and Asia: …
Risk FX exploded higher at the start of European session trade on Friday boosted by the continuing improvement in EZ periphery bonds rates in the wake of yesterday’s announcement by the ECB to support the …
Daily FX Market Roundup 09-06-12 FX: Now Onto Non-Farm Payrolls… EUR: ECB Announces Unlimited Bond Buys, Keeps Rates Unchanged GBP: No Changes In Monetary Policy for BoE CAD: Employment and IVEY PMI Due on Friday …
Today’s European Central Bank monetary policy announcement was a disappointment. The ECB left interest rates unchanged at 0.75% and introduced a whole new set of acronyms that sounded glamorous on paper but was lacking in …
Market Drivers September 6th, 2012 Australian employment dips but rate declines as well Spanish yields drop markedly in latest auction ahead of ECB presser Nikkei up 0.01% Europe up 1.27% Oil at $96.40/bbl Gold at …
Australian employment turned negative for the second month out of the past three, but the unemployment rate unexpectedly declined causing a short covering rally in the AUDUSD that took the pair comfortably above the 1.0200 …
Daily FX Market Roundup 09-05-12 Euro Refuses to Fall Ahead of ECB Meeting USD: Will the Fed Fall Behind the ECB? GBP: BoE Meeting to be Nonevent for the British Pound CAD: Bank of Canada …
With less than 24 hours to go before the European Central Bank’s monetary policy announcement, the euro is trading marginally higher against the U.S. dollar, after falling to 1.25 overnight. Rumors of what the ECB …
Market Drivers September 05, 2012 Risk off in Europe as data remains dour AU GDP misses as consumption slumps Nikkei -1.09% Europe -0.47% Oil $94.90/bbl Gold $1692/oz. Europe and Asia: AUD GDP 0.6% vs. 0.8% …