Analitics
Pound gets a battering
It has been a week of bad economic news so far for the UK with manufacturing PMI coming in weaker than expected yesterday and a weak construction PMI reading for April this morning along with meagre money supply growth and mortgage approvals coming in below expectations.
Source: Forex.com
04.05.2011
Investors get the jitters
Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US Special Forces
Source: Forex.com
03.05.2011
Dollar Freefall Continues
The US Dollar remained the victim once again in Asia after FOMC Chairman Bernanke failed to help boost morale for the greenback earlier in the day.
Source: Forex.com
28.04.2011
UK GDP Q1 update
The markets have reacted fairly positively to the news that the UK economy expanded by 0.5% in the first quarter of the year.
Source: Forex.com
27.04.2011
Dollar Gains, Silver Sinks
The US Dollar saw a reprieve today in Asia as an early session selloff in risk helped ease the pain the greenback has been subject to as of late.
Source: Forex.com
26.04.2011
Metals shine as liquidity remains thin
Liquidity remained light and price action was relatively subdued as the holiday weekend continued with many markets closed for Easter Monday.
Source: Forex.com
25.04.2011
Quiet Ahead of the Holiday Weekend
With the Easter weekend already underway in Asia the trading was thinned and the moves were minimal and should remain that way in London with almost every financial center closed for an extended weekend.
22.04.2011
Dollar Doldrums Continue
The demise of the US currency continued today in Asia as risk appetite increased due to optimistic earnings on Wall Street that seemed to reinforce the view that the global recovery is still making progress.
Source: Forex.com
21.04.2011
AUD/USD reaches new post-float highs
The Aussie has been a remarkably strong currency of late and has shown no signs of easing so far.
Source: Forex.com
20.04.2011
The dust settles after US “shock” downgrade
Risky assets have staged a recovery this morning after yesterday’s rout. The perfect storm of European and US sovereign debt concerns caused investors to flee from risky assets yesterday.
Source: Forex.com
19.04.2011
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