ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
Yen Rose TodayTitle:
Euro lifted by easing prospects; Aussie jumps on jobs report
Forex Morning Briefing : Euro lifted by easing prospects; Aussie jumps on jobs report
What’s new:
Forex: Aussie jumps to 1-week high on jobs report; US dollar weighed by Yellen’s comments
Global Markets: Asian shares lifted by Fed’s Beige book and Australian jobs report
Australia: Stronger than expected jobs report lifts Aussie
United States: Fed’s Beige book shows economy improving, but loose policy to continue
United States: Fed Vice Chair Yellen endorses Fed view that rates to remain low through 2014
Euro zone: Italy to sell bonds maturing in 2015, 2020 and 2023
Rates in Asia and Indices:
EUR/USD 1.3107 - 1.3151 +0.25 %
USD/CHF 0.9144 - 0.9179 +0.27 %
GBP/USD 1.5904 - 1.5937 +0.16 %
USD/JPY 80.83 - 81.12 -0.18 %
EUR/CHF 1.2020 - 1.2034 +0.01 %
EUR/JPY ...
Title:
Euro Builds Up Against Dollar As Stocks, Oil Advance
Markets are on its way to recoup yesterday's losses as traders are charged back with more optimism about a probably available painkiller for Europe's debt crisis while U.S. traders saw a surprisingly good start for the earnings season – kicked off by Alcoa Inc yesterday, and now anticipate the Federal Reserve's latest survey on economic conditions across 12 Federal districts.
The dollar was sold good today in favor for higher-yielding currencies, falling against most of its traded peers accordingly and driving the USDIX which tracks the performance of the greenback against a basket of currencies including the yen, the pound and the Japanese yen, down to 79.72 from 79.83 after recording a high of 79.90 and a low of 79.52.
Gold spot prices were little changed around $1658.90 an ounce this ...
Title:
YouTradeFX Daily Market Analysis : 11/04/2012
Fundamental News
Today’s highlights:
German 10-Year Bund Auction (GER, 09:30 GMT)
Housing Starts (CAD, 12:15 GMT)
Import Price Index (MoM) (U.S, 12: 30 GMT)
10-Year Note Auction + Beige Book + Federal Budget Balance (U.S, 18:00 GMT)
U.S. wholesale inventories rose by more than expected in the month of February. The level of inventories for wholesalers was at a seasonally adjusted level of $478.9 billion in February, reflecting a 0.9 percent increase from January levels, according to figures released Tuesday by the Department of Commerce.
A leading indicator of economic performance in the Organization for Economic Cooperation and Development (OECD) area increased for the fourth straight month in February. The composite leading indicator, which is designed to anticipate ...
Title:
Prospects of more easing hurts yen
Forex Morning Briefing : Prospects of more easing hurts yen
What’s new:
Forex: Yen falls on prospects of more stimulus by BOJ; Aussie recovers from 3-month low
Global Markets: Global shares extend declines as Europe’s debt crisis seen worsening
Euro zone: Bond yields rise sharply; Spain’s 10yr yields soar to highest since December 12th
Euro zone: Italy scheduled to sell €11 bln bills today
United States: Fed Vice-Chairman Yellen to speak today
Rates in Asia and Indices:
EUR/USD 1.3067 - 1.3116 0.24 %
USD/CHF 0.9162 - 0.9195 0.22 %
GBP/USD 1.5852 - 1.591 0.28 %
USD/JPY 80.62 - 80.95 -0.30 %
EUR/CHF 1.2012 - 1.2018 -0.01 %
EUR/JPY 105.45 - 106.15 -0.54 %
Dow Jones 12710.56 - 12929.59 -1.65 %
Nasdaq 2688.21 - 2749.51 -1.63 %
S&P 500 1357.38 - ...
Title:
Worries over Europe’s debt crisis dragged Asian stocks lower
As investors are becoming more cautious ahead of start of the earnings season, while worries over Europe’s debt crisis intensifies, market participants trimmed their exposure to risk, driving the MSCI Asia Pacific Index down 0.8% at 15:01 in Tokyo.
Sony and Sharp, Japan’s biggest TV makers, posted a combined loss of 900 billion yen ($11 billion) as global demand weakened, the yen strengthened, while competition with rivals like Apple, Samsung and LG widened.
Meanwhile worries over Europe’s debt crisis intensified on Tuesday, after yields on the Spanish bonds touched 5.99%, close to levels that prompted Greece, Ireland and Portugal to seek European bailouts.
The worries over global growth and concerns that Europe’s debt crisis is worsening, determined investors to trim their exposure to ...
Title:
Dukascopy Afternnon Forex Overview : 10/04/2012
Fundamental Analysis
EUR
Spanish banks are likely to need additional funds as economic state of the country has continued to deteriorate, announced Miguel Angel Fernandez Ordonez from bank of Spain. Spanish banks are facing next round of increase in bad loans as country enters the second wave of crisis in the last three years. Experts predict Spain to apply for a new bailout in the nearest future.
USD
US wholesalers outperformed their sale forecasts in February, as they tried to keep up with the growing demand. Wholesale inventories rose 0.9% - slightly higher than the 0.5% forecast. The Sales grew by 1.2%, unchanged from January.
GBP
Bank of England reported that recent monetary policy easing by the ECB is not expected to improve the labour market in the region. The rate of ...
Title:
BoJ keeps policy unchanged; Bernanke weighs on USD
Forex Morning Briefing : BoJ keeps policy unchanged; Bernanke weighs on USD
What’s new:
Forex: Yen extends gains as BOJ stays on hold; Bernanke’s comments weigh on USD
Global Markets: Asian shares slide as Chinese imports fell sharply
Japan: Bank of Japan keeps rates, asset purchases on hold
China: China posts unexpected trade surplus, but imports declined sharply
United States: Fed Chairman Bernanke says US far from complete recovery
Rates in Asia and Indices:
EUR/USD 1.3089 - 1.3145 -0.06 %
USD/CHF 0.9146 - 0.9178 -0.02 %
GBP/USD 1.5875 - 1.5931 -0.09 %
USD/JPY 81.26 - 81.87 +0.19 %
EUR/CHF 1.20137 - 1.20261 +0.02 %
EUR/JPY 106.43 - 107.47 +0.26 %
Dow Jones 12903.78 - 13057.72 -0.99 %
Nasdaq 2722.77 - 2751.44 -0.81 %
S&P 500 1378.24 - ...
Title:
Dollar Appreciates Against Euro In Listless Trading
With jobs disappointment and growth concerns back on front, traders are running out risk it seems and a major sell-off is looming around the markets after the Easter Holiday. The U.S. dollar is back on a rise against the euro as traders weigh Friday's employment report.
The U.S. Department of Labor reported Friday that American payrolls increased by 120 thousand in March, after rising 240 thousand (revised from 227 thousand) - an employment figure that is too below market consensus of 205 thousand.
In a listless trade, currencies are little changed Monday as traders are still for the Easter holiday but the U.S. Stock exchange was up today and witnessed a strong selloff wave and more than 1 percent of equity value was flushed amid lack of fundamentals from the U.S.
The dollar rose ...
Title:
Dukascopy Afternnon Forex Overview : 09/04/2012
Dukascopy Fundamental Analysis
EUR
Spanish PM Rajoy claimed that the country is an extreme difficulty after a sharp drop in demand for the Spanish bonds in an auction last week. Experts believe there could potentially be a competition between Italy and Spain for funds of international investors, as both countries are experiencing deep fiscal obstacles.
USD
Iran has agreed to continue talks about contracting its nuclear program after a 15 month pause in Tehran. European allies and US is going to require Iran a solid action to restrict its nuclear agenda including enriching uranium. Discussions broke down In January 2011 and later were followed by oil embargo.
GBP
Due to Easter celebration in most of the European countries, Monday was a banking holiday in the Great Britain.
CHF
The ...
|