economic data this week

Forex: EUR/GBP tests 0.8825 after better than expected ZEW data

FXstreet.com (Barcelona) - After rejecting 0.8825 resistance in a first breaking attempt and falls below 0.8800, the EUR/GBP has been fueled by the better than expected May ZEW Economic Sentiment data ans it has tested the 0.8825 resistance again. Currently the pair is trading around 0.8810/20, 0.30% below today's opening price action.ZEW Economic Sentiment index has risen to 31.1 pts in May, better than 20,0 pts expected by market, in April, the ZEW Economic Sentiment was posted at 13.pts. According

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Yen Stronger After Downbeat Economic Data

The Japanese yen is stronger on Friday in the aftermath of some weak economic data and downbeat commentary from officials.Japanese national CPI fell 0.1% year-over-year in February, as expected, following a flat reading in January. Annual Tokyo CPI for March was up 0.2% despite expectations for a 0.3% rate and previous 0.5% level.Japanese Finance Minister Kaoru Yosano said it is too early to declare the recent CPI data as deflation. Bank of Japan Governor Masaaki Shirakawa said

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Dollar could lose momentum

!--TITOL: h1Dollar could lose momentumFITITOL--FXstreet.com (Buenos Aires) - The belief that the worst of global economic turndown is over is likely to continue this week, and dollar could weaken partially against major rivals, losing its safe haven condition. However, Euro won?t find an easy way up as reports last week showed huge contractions in economies throughout Europe and that should pin down any rallies in the single currency. Also, this week the U.K. will present their inflation numbers, and that

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Fresh Economic Data Release ???

Salut à tous !Pour ceux qui, comme moi, n'ont pas les moyens de s'offrir des flux reuters à je ne sais combien $/mois, il y aurait il un site qui diffuserait (sans trop de délais) les derniers résultats économiques internationaux?J'imagine que la réponse à ma question doit probablement se cacher quelquepart sur le forum... Mais

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U.S. Dollar Falls Ahead of Key Economic Data

The U.S. dollar is broadly weaker on Tuesday ahead of some key economic data for the region and following ongoing commentary from European officials that foreign exchange will likely not be discussed at the G20 meetings this week.There will be a number of economic releases Tuesday morning, with market participants expected to focus on the releases of U.S. consumer confidence at 10 a.m. EDT, which is expected to rise to 28.0 in March from 25.0. The ISM

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Forex - US financial turmoil is worsening but FX market await data later this week

The Dollar eased on Monday, amid concern losses at US financial companies will continue to weigh on the slowing economy, after Merrill Lynch said Lehman Brothers may post a loss in the Q3 and take an additional $2.5 bio write-down on home loans for the period.Negative sentiment was completed by comments from Minneapolis Fed President Gary Ste

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Forex - Dollar demand waned on Tuesday after US trade deficit unexpectedly shrank in June

The Dollar slipped against the Euro on Tuesday, breaking a five-session rally as investors locked in profits ahead of key economic data later in the week. EurUsd has already dropped 4.11% this month with help from a sell-off in Oil prices and growing fears economies elsewhere may slow at a faster pace than in the United States. Oil prices traded do

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Forex - Dollar rallied last week on better economic data and lower stress in financial markets

The Dollar climbed to five-week peaks against the Euro and three-week highs against the Sterling on Friday as better-than-expected economic data reduced worries about a much sharper slowdown. The Yen gained broadly helped by stress in financial markets on news that General Motors had hefty losses in Q2. That dragged US stocks lower and triggered sa

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USD consolidating ahead next week event

FXstreet.com (Buenos Aires) - Dollar close another negative day across the board, with Euro and Yen printing interesting gains, helped by U.S. disappointing data early Wednesday. While currency players showed some appetite for high yielding, yen strength suggest that appetite will remain limited ahead of next week's Federal Reserve meeting and economic data for the second quarter. Dollar come under pressure after U.S. inflation data for May showed that the FED is unlikely to hike interest rates this year, as

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