Afterwards The Yen’s Value

Fundamental Analysis EUR "Market stresses will eventually force the ECB to restart the bond program" - Market stresses will eventually force the ECB to restart the bond program The European Central Bank is expected to restart government bond purchases rather than proceed with another round of long term refinancing operation. USD "Disposable incomes of consumers are still being squeezed. That does make it difficult for consumption to accelerate from here" - Jeremy Lawson, an economist at BNP Paribas in New York U.S. consumer confidence deteriorated slightly in April. The Thomson Reuters/University of Michigan’s preliminary index of sentiment declined to 75.7 from 76.2 in March. GBP U.K. "has a wealthy, open, and diversified economy" - S&P Standard & Poor's reaffirmed the U.K.'s triple ...

Fundamental Analysis EUR Italy's borrowing costs increased during last bond sale, escalating worries about Italy's ability to repay its obligations. Three-year bonds faced a rise in the interest rate from 2.76% to 3.89%. Adding to concerns over the Euro Zone's economic state, Greek unemployment rate surged to 21.8% in January as compared to 14.8% in January 2011. USD US March CPI increased by 0.3% thus outpacing the 0.2% investor consensus forecast. Core CPI was in line with the expectations at 0.2% last month, Bureau of Labor Statistics reported today. GBP FTSE 100 index traded lower on Friday as lower than expected China's GDP growth weighed on investor sentiment. Additionally Spanish shares tumbled as country's bond yields climbed. Sage Group lost 2.2% after Jefferies cut the stock' ...

Fundamental Analysis EUR "We’ve set out to wrap up the decision on a new aid program for Greece. I’m confident" - Wolfgang Schaeuble, German Finance Minister “We still have a bit of work to do,” German Finance Minister Wolfgang Schaeuble said as he arrived for the meeting of euro area finance chiefs. “We’ve set out to wrap up the decision on a new aid program for Greece. I’m confident.” USD "We have the U.S. economy accelerating with the job data and housing data also beginning to look pretty good" - Peter Garnry, an equity strategist at Saxo Bank A/S U.S. stocks climbed on Friday. The S&P 500 advanced 0.23%, or 3.19, to 1,361.23. The Dow Jones Industrial Average increased 0.35%, or 45.79 points, to 12,949.87. GBP "Upwards price-pressure is likely to be maintained in 2012" - Miles ...

Fundamental Analysis EUR "Europe may soon have defused the Greek issue for a while" - Holger Schmieding, chief economist at Berenberg Bank Greece leaders Thursday agreed a deal on reforms and austerity measures in return for a 130 billion euro bailout from international lenders which will help the country to avoid a messy default. USD "Initial claims have been consistently falling since September and have reached levels that should be consistent with solid payroll gains" - Stephen Stanley, chief economist of Pierpont Securities The number of Americans claiming for unemployment insurance payments fell to 358 thousand last week from 373 thousand in the week ended January 31, said the Department of Labor on Thursday. GBP " give hope that the first-quarter outturn will be better than ...

Fundamental Analysis EUR "The decline in euro-area December retail sales confirms our view that private consumption is likely to have fallen in the fourth quarter" - James Ashley, senior European economist at RBC Capital Markets Euro zone retail sales declined unexpectedly in December, said the European Union's statistics office Eurostat on Friday. Retail sales fell 0.4 per cent from November after declining by the same amount in October. USD "The report was much better than expected in terms of indicating fundamental strength in the economy" - Pierre Ellis, senior economist at Decision Economics The number of Americans, who have found a job in January rose to nine-month high of 243,000, said the Labor Department on Friday, pushing unemployment rate lower to 8.3 per cent, the lowest ...

Dukascopy Fundamental Analysis EUR Royal Dutch Shell announced it plans to invest more to boost production. The company reported it would invest 30 billion US Dollars into the new gas and oil projects in 2012 as compared to 24 billion US Dollars invested in 2011. The move came after the company announced the annual rise in net income by 50% to 28 billion US Dollars in 2011. USD US employment surged more than predicted in January while the unemployment level dropped to the lowest reading in last three years, confirming the US labour market is recovering and raising doubts about Fed's pledge to maintain interest rates down by the end of 2014. The number of payrolls increased by 243 000 and the jobless rate decreased to 8.3% in January. Economists earlier predicted the unemployment level ...