personal income vs personal consumption expenditure

US Mar personal income falls 0.3%, spending down 0.2%

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Forex: EUR/USD slides down after US PCE data

FXstreet.com (Barcelona) - EUR/USD has fallen slightly after the US PCE better than expected data, which showed the income of Americans unexpectedly surged. The pair is fighting for the 1.4200 level after falling from 1.4245, 5-month high in the early European session. Euro is still positive on the day against Dollar, rising 0.45% so far today.Personal income has risen 0.5% between march and April, against the 0.3% declines posted in the previous month. Personal spending has decreased 0.1% in April,

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US Apr Personal Income rises 0.5%

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Forex: USD/JPY recovers its initial losses after US PCE data

FXstreet.com (Barcelona) - USD/JPY is spiking after the US PCE better than expected data, which showed the income of Americans unexpectedly surged. The pair has risen around 80 pips from 94.95 to reach today's intra-day high at 95.75. Currently the pair is trading around 95.60/70, 0.40% above today's opening price.Personal income has risen 0.5% between march and April, against the 0.3% declines posted in the previous month. Personal spending has decreased 0.1% in April, less than 0.2% declines posted in

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Sept 29th - Personal Income, Gfk Consumer Confidence, Jobless Rate

This week the Bureau of Labor Statistics of the US Department of Labor will release the non-farm payrolls. One of the most important event on forex market. We should have more volatility than last week...12:30 GMT: Core Personal Consumption Expenditure - Prices Index . The Core Personal Consumption Expenditure released by the US Bureau of Economic

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Forex: EUR/USD falls to 1.3000

FXstreet.com (Córdoba) ? Dollar gain momentum and is rising across the board. EUR/USD fell more than a hundred pips sharply from 1.3150 to 1.3000 after the pair failed to brake above 1.3155. Next support after 1.3300 is at 1.2970. The movement followed reports of a 6.0 magnitude earthquake that hit Mexico, near Acapulco. The stocks in the USA turn and now are down. Dow Jones Industrial Average falls 50 points after worries about the swine-flu increased. For more

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US Markets up on better then expected earnings; Dollar stronger

FXstreet.com (Barcelona) ? U.S. stock markets are going through gains on Thursday as companies report better tan expected earning results in the first quarter. The Dollar has strengthened against Euro, Yen and Pound.Dow Jones Industrials Index trades 1.11% up while the Nasdaq Index adds 1.72% and S&P Index trades 1.18% above its opening level.On the macroeconomic front, Jobless claims have dropped unexpectedly by 14K to 631K, while labour costs posted the smallest increase on record. Furthermore personal income declined 0.32%

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Sterling showed some bullish divergences

!--TITOL: h1Sterling showed some bullish divergencesFITITOL--FXstreet.com (Buenos Aires) - GBP/USD, slightly bearish still inside previous week range, indicators show some bullish divergences, suggesting a probable upside correction before further continuations in the pair. br /br /a href=?http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.html?Valeria Bednarik, collaborator at FXstreet.com/a said: ?1.5100 should hold the downside at least at a first attempt, followed by past week low at 1.5058.? Break under this last, will accelerate downside momentum, with 1.5000 as a good target for the movement.br /br /br /For

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EUR/USD; good risk/reward

FXstreet.com (Barcelona) - Eur/$ continues to chop in tighter and tighter ranges since the Oct low at 1.2335, supported by the bullish trendline since that low (currently at 1.2525), and capped by the bearish trendline from Dec (currently at 1.3330). Note that the market has reversed lower after the earlier spike above that resistance (also a 50% retracement from the March 19th high at 1.3735), potentially forming a bearish ?false break?, and raising potential for declines back to the

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