Forex Investment and Currency Trading

Forex Investment, Forex Trading and Forex Market



Entries Tagged as 'Daily Forex Highlights'

USD/CAD Pulls Back, But Backdrop Still Bullish

August 26th, 2008 · No Comments

Although USD/CAD has broken bullishly out of its eight month trading range, the near-term upside is limited from an interest rate perspective. A weaker CAD removes an important factor that had helped keep Canadian inflationary pressures under control. With monetary policy already stimulative, the BoC is unlikely to corroborate market expectations of at least one [...]

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Tags: USD/CAD

FX Market Update - G10 Currencies - July 28 2008

July 28th, 2008 · No Comments

Eurozone Germany’s GfK Consumer confidence index declined from a revised 3.6 in July to a preliminary 2.1 in August, the weakest reading since June 2003. CPI data for state of North-Rhine-Westphalia are due out later on Monday. Market expects German inflation to remain stable in July at 3.3% for the domestic index and 3.4% for [...]

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Tags: FOREX Market Update

Forex Update - July 23 2008

July 23rd, 2008 · No Comments

USD
The dollar has continued its recovery in the aftermath of the Paulson/Plosser comments. With many of the heavyweight US financial firms having reported Q2 earnings, the focus is likely to shift back to the relative fundamental outlook in the coming days. A better environment towards risk and the resilience of US equity markets suggests [...]

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Tags: FOREX Market Update