News Headline Summary
USD-Index continues to weaken following the Q2 US GDP reading which was revised lower, and weaker than expected jobless numbers; USD initially weakened on the disappointing data but also due to decreased prospect of QE tapering...
... from the Fed as they monitor data over the coming months.
12:52, 30 May 2013 -
12:28, 29 May 2013
With the USD index down 0.90%, some analysts are attributing the move down to a touted speculation of a HF account closing out of long USD positions...
14:20, 27 May 2013
As a reminder, Israel Base Rate Announcement (May) due in 10mins; 10 out 23 analysts expect a 25bps cut, 13 expect the rate to remain unchanged...
17:43, 22 May 2013
With just over 15 minutes until the release of the FOMC minutes, USD index continues to trade just off session highs and close to the 84.37 level which was the high point on Friday and the highest level since July 2010...
18:32, 17 May 2013
EUR/JPY trades has moved higher in recent trade, testing the high seen on 15th May at 132.44, with 14th May high seen as next level of resistance at 132.77;trades 132.41 (+11 pips) last
17:14, 14 May 2013
EUR/CHF approaching session highs as CHF has weakend throughout session in tandem with weak JPY because of the risk on trade seen across asset classes
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