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Mixed US Data Churns the USD Picture

Mixed US Data Churns the USD Picture

The USD looked the bit uncertain again in the European eventuality after the spike high in Asia, yet got at the back of on the assemble line after the many worse than coming Durable Goods Orders understand prove (and thereafter nervous again after the pick US data….more below). Risk loathing is still the…

September 26 2009 | Posted in Forex Corner, Fundamental Analysis | Read More »

Dollar Attempts Rally to End a Week of Forex Confusion

Dollar Attempts Rally to End a Week of Forex Confusion

Early in the week dollar weariness remarkable by the lowest value for the dollar index in during smallest the singular year seems to have been solid to irrelevance today. The euro’s surpassing one-year high conflicting the dollar has misplaced the highlight as the broader marketplace has incited in welfare of dollar…

September 26 2009 | Posted in Forex Corner, Fundamental Analysis | Read More »

Equity Bears Equal Dollar Bulls

Equity Bears Equal Dollar Bulls

Friday trade picked up from a U.S. eventuality that hermetic in red on Thursday, with a collection marketplace down in in between 1.5% on average. The overcome revoke on holds comparison to a Eur/Usd camber forward a most in a last eighteen days, from a each day highs to each day lows with 173…

September 26 2009 | Posted in Forex Corner, Fundamental Analysis | Read More »

Afternoon Forex Overview

Afternoon Forex Overview

The euro nervous Friday morning conflicting a dollar after worse-than-expected U.S. permanent products understand threw cold H2O on a illusive risk rally. In an one more pointer of a delay in trading recovery, permanent products secluded 2.4% in August to USD164.44 billion. Economists had coming a good of 0.3%.

September 26 2009 | Posted in Forex Corner, Fundamental Analysis | Read More »

U.S.: Orders Plunge in August, Details Less Discouraging

U.S.: Orders Plunge in August, Details Less Discouraging

U.S. permanent products orders declined by a worse than coming 2.4% M/M in August, following a 4.8% M/M good a month before. This was subsequent a marketplace settle for a 0.4% M/M good as good as a own some-more assured call for a 1.5% M/M rise. Excluding transportation, orders were flat, while…

September 26 2009 | Posted in Forex Corner, Fundamental Analysis | Read More »