Daily Economic Roundup – July 27, 2009
With most currency pairs itching for a breakout since last week, what are the potential scenarios expected based on upcoming economic reports?
Read MoreWith most currency pairs itching for a breakout since last week, what are the potential scenarios expected based on upcoming economic reports?
Read MoreThe Bank of Canada believes that the recession is ending. Spot-on assessment or wishful thinking?
Read MoreRisk aversion or risk appetite? Traders appear tentative and are unsure on what is prevailing as many pairs enter consolidation. What reports could spark a one-way move?
Read MoreSide wards was the theme of the day yesterday as most major currency pairs just drifted within relatively tight ranges. What’s in store for us in today’s economic cupboard? Check it out!
Read MoreWhen the clock struck 2:00 pm GMT yesterday, all eyes were fixed on one man – the Almighty Big Ben Bernanke. Speaking for the Federal Reserve, Big B (as I call him sometimes) took center stage as he aimed to educate the public on the country’s economic health.
Read MoreSeveral top tier events in the UK, Canada, and US are scheduled today. How will they affect the currency market?
Read MoreRisk aversion took the backseat again yesterday, marking its seventh straight day of absence in the currency market. Check out today’s economic roundup to find out if risk appetite is here to stay…
Read MoreUSD bears took a break last Friday after beating the dollar down last week. Have they had enough and will they go back into hibernation? Or will economic reports have an appetizing smell to lure them back to the markets?
Read MoreThird day of corporate earnings and it seems like traders are now full of risk! So, what will dominate the market today as traders close their books for the weekend?
Read MoreAt the last G8 party, we heard some central bankers quietly hum the lyrics to the song “Exit Strategies.” Some of the groovy dancers, most notably the US Federal Reserve and the European Central Bank, are getting nervous that they might miss a
Read MoreThe minute you settle for less than you deserve, you get even less than you settled for.Maureen Dowd