Better than expected Non Farms spark risk rallies!
The US Dollar Traded weaker against most majors and stronger against the yen as better than expected albeit still negative August Job Numbers helped inspire further US stock market gains and create a risk on environment. The USD fared weaker across the board with the Euro and Aussie [...]
Forex: Asian equities move higher, Australian GDP inspires
FXstreet.com (Barcelona) – Equities in the Asian-Pacific region were given a boost on Wednesday, after a slew of key reports from China first, but most importantly from Australia after, bolstered the optimistic outlook for the first trading day of September.
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Forex: USD/JPY bearish [...]
Forex: USD/JPY Bearish pressure persist
FXstreet.com (Buenos Aires) – USD/JPY Current Price: 84.15. Stocks both in Europe and America managed to end the day positive, yet Japanese Yen extended its rally against major rivals, reaching an intraday high against greenback at 83.82 before halting the rally.
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Forex: NZD/USD ends August below 0.7000
FXstreet.com (Barcelona) – The Kiwi was dragged sharply lower against the Greenback on Tuesday, hitting a 4-day low at 0.6962 after a decline from 0.7133 high on Monday. The pair has been in a notable downtrend in Aug, loosing over 3.75% since coming off 0.7250 high earlir this month.
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Markets brace themselves ahead of US Non Farm Payrolls!
The Dollar Traded mixed as the market is reluctant to put any more directionally risky trades ahead of Non Farm Payrolls today. The market did trade with a positive tone however as US stocks extended Wednesday’s gains and dips where bought on risk appetite. This was on [...]
CURRENCY TRADING SUMMARY – 2nd September (00:30 GMT)
Written by Anthony Darvall
U.S. Dollar Trading (USD) strong Chinese manufacturing data sent stocks higher in Asia and Europe and this accelerated in the US session on better than expected August ISM data at 56.3 vs. 55.5 previously. Also released August ADP Employment at -10k vs. +19k [...]
AUD/USD Performance Chart as at 7:00 p.m. Singapore time, 1/09/10
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ISM Manufacturing beats expectation, USD strengthens!
The Dollar Traded strong as Chinese manufacturing data sent stocks higher in Asia and Europe and this accelerated in the US session on better than expected August ISM data at 56.3 vs. 55.5 previously. We also released August ADP Employment at -10k vs. +19k forecast. In US stocks the DJIA [...]
CURRENCY TRADING SUMMARY – 1st September (00:30 GMT)
Written by Anthony Darvall
U.S. Dollar Trading (USD) very weak Asian stocks helped the USD to intraday highs against most pairs except the other safe havens in the JPY and CHF. US sentiment improved though and stocks were able to finish higher as June House Price Index [...]
Forex: AUD/USD starts the week on a strong note above 0.9000
FXstreet.com (Córdoba) – The Australian dollar just opened the current week facing a 30-pips upside gap against the Greenback. The pre-market trading led AUD/USD to start this Monday in Asia above 0.9000 after rallying last Friday boosted by risk appetite.
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