ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Analysts Estimate That That The YenTitle:
SunBirdFX Daily Market Analysis : 02/08/2012
www.sunbirdfx.com
The US stock markets did not stop rising even yesterday. Many analysts estimated that after the hesitated opening of the trading week, the stocks would finally make the expected correction and on the beginning of the day it looked like these predictions would turned to be a fact, but after 45 minutes of declines, the stocks resumed rising. NASDAQ is already 5% above 2011's high, Dow made the break-up just yesterday and the S&P is still bellow 2011 picks but it is getting ...
Title:
Pictet Daily forex Analysis - 02/06/2012
Last week’s currency trading was rather tense and volatile but nevertheless remained within extremely narrow ranges. The meeting of European leaders to discuss the second phase of the Greek bailout plan will again monopolise investors’ attention this week, and we expect to see the major pairs yo-yo as we did in recent sessions.
On commodities markets, we saw precious metals move in the opposite direction as oil. Gold rose from $1716.45 to $1763.20, silver from $32.97 to $34.30, platinum from $ ...
Title:
The Asian region in a week
The Asian region witnessed a number of economic data where the Chinese data helped in supporting markets with better than expected manufacturing expansion. The data helped further in clearing the uncertainty yet still we can see that Asian economies are suffering the sluggish global growth and the downside pressure of the debt crisis.
The Japanese industrial production rose more than analysts forecasted in December, where the manufacturers bolstered production to make up for disruptions caused ...
Title:
Results of Spain’s auction on focus
FUNDAMENTAL OUTLOOK at 0800 GMT (EDT +0400)
USD
Risk assets consolidated yesterday’s gains overnight. The dollar failed to regain lost ground and Asian equities followed the S&P 500 higher. Respectable global manufacturing prints certainly helped, but the gradual easing of sovereign stresses inSpainandItalyprobably played the greater role. We keep our cautious stance however, noting that European austerity measures are mostly only in their early stages of implementation, so there is scope for ...
Title:
Greenback Weakens As Manufacturing Trails Forecast
Currency traders are targeting risk assets on Wednesday. The euro rose against the dollar for the first time in three days, after a PMI of manufacturing production in the region exceeded analysts' estimates, signaling Europe's economy is picking up.
On the other hand, the greenback weakened after manufacturing in China and the U.S grew as well, driving traders to seek higher-yielding assets and damping demand for safe havens. Furthermore, the Yen rallied versus the U.S dollar on speculation ...
Title:
Losses in Asia on downbeat economic data across the region; focus on Europe and US
Most Asian stocks dropped today as weak economic data was seen across the region, while caution is expanding as some companies are cutting their profit forecasts. Eyes will continue to focus on Europe and the US as Greece is “one step” away from a deal with bondholders while the US will release key employment and manufacturing data.
The MSCI Asia Pacific Index fell 0.2% at 14:54 in Tokyo as the cautious mood limited the investors’ risk appetite, although in China the PMI manufacturing rose to ...
Title:
Japanese industrial production surge beats expectations
The Japanese industrial production rose more than analysts forecasted during December, where the manufacturers bolstered their production to make up for disruptions caused by Thailand’s worst floods in 70 years.
Industrial production rose 4.0% according to the preliminary December estimate that followed a drop of 2.7% the previous month and opposed expectations for -3.0%.
On the year production was down 4.1%, marginally higher from the previous drop of 4.2% and better than the expected slump ...
Title:
Dukascopy Morning Forex Overview : 20/01/2012
Fundamental Analysis
EUR
"Spain is showing the market there’s ample demand for their paper"
- Padhraic Garvey, head of developed markets debt strategy at ING Bank NV
France and Spain, both downgraded by Standard & Poor’s last week, paid lower borrowing costs on Thursday, compared to their previous auctions, a sign the ECB’s refinancing operation alleviated market concern over the Europe’s debt crisis.
USD
"You’ve got a gradual improvement in the labor market"
- Brian Jones, a senior U.S. ...
Title:
Analysis: Japan trade houses train spending power resources
(Reuters) - Japan's big trading houses are using financial firepower bolstered by a decade-long commodities boom and a yen near record highs to ramp up a natural resources buying spree.
Their multi-billion dollar bet on commodities demand from emerging economies will boost already fierce competition for emerging energy sources like shale gas and for top quality mines with high-grade ore and long mine life.
Trading houses like Mitsubishi Corp (8058.T) have set aside a record warchest of 2.6 ...
|
||||||
