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04/09/2008 - Eurusd - Probable Top Sur Le Dollar Index
Bonjour à Tous !Les niveaux importants du Jour:R3 : 1.4670R2 : 1.4615R1 : 1.4550Actuel : 1.4482S1 : 1.4430S2 : 1.4380S3 : 1.4350Commentaire: La paire reste bien orientée suite aux propos de M. TRICHET. Il est maintenant probable qu'un top soit en place sur le dollar index, laissant présager le début d'une correction daily sur l'euro
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US Apr Reuters/Michigan Consumer Sentiment Index increase to 65.1
FXstreet.com (Barcelona) For more information, read our latest forex news.
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Fed's Pianalto Sees Economic Recovery Beginning Next Year
Real GDP in the U.S. is likely to stabilize later this year, with an economic recovery beginning in 2010, Cleveland Fed President Sandra Pianalto said on Wednesday.Speaking in Ohio, Pianalto said that a recovery is likely to be fuelled by Federal Reserve action and fiscal stimulus. Collectively, our actions have been aggressive and unprecedented, Pianalto said. Since October 2007, the Federal Reserve's balance sheet has grown from $855 billion to almost $2 trillion, and with our recent
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Forex (foreign exchange) Currency trading
Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis
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US markets open lower; Pound picks up
FXstreet.com (Barcelona) - U.S. markets have opened Thursday's session with losses, as investor's confidence has been hit by S&P downgrading UK rating outlook due to excessive government debt. Euro has dropped below intra-day low.Dow Jones Industrials Index trades 1,39% below its opening level while the Nasdaq index sheds 0.77% and the S&P Index drops 1.12% in the first hour of trading.U.S Jobless claims have dropped by 12K to 631K during the ¡week of may 60, a larger drop than the
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Fed's Plosser Suggests Swapping Illiquid Assets for Treasury Securities
The Federal Reserve could swap its illiquid assets for Treasury securities in order to more easily raise interest rates when needed, Philadelphia Fed President Charles Plosser said on Friday.Plosser said such a move would promote a clearer distinction between monetary and fiscal policy in order to ensure Federal Reserve independence. Speaking to economists and central bankers in New York, Plosser said the Fed could swap its non-Treasury assets and non-discount window loans in exchange for Treasury securities.
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Sterling Mixed Ahead of G20, Following UK Manufacturing PMI
The pound sterling is mixed on Wednesday ahead of the G20 meeting in London, and following an upside surprise to the country's manufacturing PMI.In a joint press conference with UK Prime Minister Gordon Brown, U.S. President Obama tried to downplay differences among G20 leaders, saying that countries must balance deficits and stimulus plans. Meanwhile, Brown said the G20 was within a few hours of agreeing [on] a global plan.The UK's manufacturing PMI rose to 39.1 in March
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UK Mar DCLG House Price Index down a 13.6%
FXstreet.com (Barcelona) For more information, read our latest forex news.
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Forex: USD/CAD falls after CPI data and tests 1.1500 level
FXstreet.com (Barcelona) - USD/CAD has fallen further after the worst than expected April Canadian Consumer Price Index and the pair has fallen around 50 pips in the first minutes after releases to break the 1.1525 support and test 1.1500level. Currently, USD/CAD is trading around 1.1495/1.1505, 0.40% below today's opening price action.The pair has continued with its declines after rejecting 1.1580 in the European session.Canada's Consumer Price Index was posted worse than expected as prices declines 0.1% between March and April,
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Euro depreciated in Asia Session
FXstreet.com (Jakarta) - The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3090 level and was capped around the US$ 1.3250 level. The common currency came off as traders moved out of higher-yielding currencies and into safe haven plays on account of a swine influenza outbreak that has already claimed more than 100 lives in Mexico. Data released in the eurozone tosay saw the German May GfK consumer sentiment index
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