Forex News
Dow snaps 8-day losing streak as consumer confidence surges; financials lead
Tue, 28 Mar 2017 21:20:00 +0100
U.S. equities rose on Tuesday as investors digested strong consumer confidence data, with financials leading.
Fed speakers halt dollar slide with talk of rate rises
Tue, 28 Mar 2017 20:12:00 +0100
The dollar steadied after its worst week since U.S. President Donald Trump's election in November.
Europe: The comeback continent£
Tue, 28 Mar 2017 16:16:00 +0100
Stephen Wood, Russell Investments, and Ruchir Sharma, Morgan Stanley Investment Management, weigh in on consumer confidence, the European economy and the dollar index.
U.S. Consumer Confidence Unexpectedly Jumps To 16-Year High In March
Tue, 28 Mar 2017 15:53:22 +0100
Consumer confidence in the U.S. unexpectedly improved in the month of March, according to a report released by the Conference Board on Tuesday.
Fed, not Trump, will drive the dollar's trajectory: Pro
Tue, 28 Mar 2017 06:09:00 +0100
Valentin Marinov, head of G-10 FX research at Crédit Agricole, adds that in his view the Fed is most likely to hike rates next in September.
Why the Fed is going back to 'normal'
Tue, 28 Mar 2017 06:09:00 +0100
Peterson Institute for International Economics President Adam Posen says that "anything Mr Trump does only increases the likelihood that you get more rate hikes."
Markets more neutral on USD: Strategist
Tue, 28 Mar 2017 05:32:00 +0100
Eddie Cheung of Standard Chartered Bank talks about where the dollar is headed, and how Asian currencies might be affected.
Dollar is fading 'across the board'
Tue, 28 Mar 2017 03:45:00 +0100
Greg Matwejev of Morris Capital says the reflation trade is in a limbo and that's weighing on the dollar.
Op-Ed: Dollar tests uptrend despite health-care bill failure
Tue, 28 Mar 2017 02:34:00 +0100
A ramping up of Trump campaign policies in legislative action will again act as a bullish factor on the dollar index.
South Korea GDP Bumped Up To 0.5% In Q4
Tue, 28 Mar 2017 01:15:45 +0100
South Korea's gross domestic product expanded a seasonally adjusted annualized 0.5 percent on quarter in the fourth quarter of 2016, the Bank of Korea said in Tuesday's revised reading.
The dollar story
Tue, 28 Mar 2017 01:06:00 +0100
Marc Chandler of Brown Brothers Harriman says Fed rate hikes and the Trump administration's economic policies continue to influence the dollar.
Dow posts 8-day slide, longest since 2011, as Street weighs tax reform prospects
Mon, 27 Mar 2017 21:21:00 +0100
Stocks closed mostly lower as investors reassessed the prospects of key White House proposals coming to fruition.
Dollar hits 4-month low as Trump trade deflates
Mon, 27 Mar 2017 20:14:00 +0100
Concerns rose about the prospects of a U.S. public spending boost after Trump failed to push through a health-care bill.
Trading Nation: Buy the bullion bounce£
Mon, 27 Mar 2017 19:45:00 +0100
Max Wolff, 55 Capital Partners, and Craig Johnson, Piper Jaffray, take a look at where gold is headed with Brian Sullivan.
Expert: A lot of events abroad make investors nervous
Mon, 27 Mar 2017 12:41:00 +0100
Discussing the environment for currencies and oil with Kathy Lien, B.K. Asset Management managing director of FX strategy, and Jacques Rousseau, ClearView Energy Partners managing director.
German Business Confidence Strongest Since Mid-2011
Mon, 27 Mar 2017 11:34:37 +0100
German business sentiment strengthened to a 68-month high in March as economic impetus pushed up companies' assessment of the current assessment and outlook. The business confidence index rose to 112.3 in March from a revised 111.1 in February, survey data from the Munich-based Ifo institute revealed Monday.
Like financials for the course of 2017 - don't love tech: JPMAM
Mon, 27 Mar 2017 07:58:00 +0100
Nandini Ramakrishnan, global market strategist at JPMAM, discusses her preferred market sectors to invest in.
Yen Rises Amid Rising Risk Aversion
Mon, 27 Mar 2017 07:26:40 +0100
The Japanese yen strengthened against other major currencies in the Asian session on Monday amid rising risk aversion, tracking the lackluster cues from Wall Street Friday after U.S. President Donald Trump's failure to pass a bill to overhaul the U.S. healthcare system.
European Economics Preview: Germany's Ifo Business Confidence Data Due
Mon, 27 Mar 2017 06:58:30 +0100
Business confidence data from Germany is due on Monday, headlining a light day for the European economic news.
Trump still has potential to boost the economy: SocGen
Mon, 27 Mar 2017 06:19:00 +0100
Kokou Agbo Bloua, global head of flow strategy and solutions at Societe Generale, says that he thinks that U.S. President Donald Trump still has potential to boost the economy.
Dollar has wiped out its Trump-related gains: UniCredit
Mon, 27 Mar 2017 06:15:00 +0100
Vasileios Gkionakis, head of global FX strategy at UniCredit, discusses the market reaction to U.S. President Donald Trump's failed health-care bill.
'Market is losing confidence'
Mon, 27 Mar 2017 05:52:00 +0100
Patrick Bennett, forex strategist at CIBC, says the dollar has retraced most of the gains after last November.
Dollar cedes ground
Mon, 27 Mar 2017 03:49:00 +0100
Todd Elmer, currency strategist at Citi, says the pillars supporting the U.S. dollar appear shaky.
Dollar stumbles after Trump’s health-care flop bashes confidence
Mon, 27 Mar 2017 03:22:00 +0100
The dollar stumbled, with analysts pointing to Trump’s failure to usher a health-care bill through a seemingly friendly Congress.
Stocks close mixed after House pulls health-care bill
Fri, 24 Mar 2017 20:26:00 +0000
Stocks closed mixed after a choppy trading session with NBC News reporting the House pulled a key health-care bill.
Dollar weak as investors see U.S. healthcare vote called off
Fri, 24 Mar 2017 20:08:00 +0000
The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010.
ECB's Praet Says Populist Narrative Against Euro Deceptive
Fri, 24 Mar 2017 13:53:55 +0000
Populist narrative that things were better before the euro is a deception and the single currency and EU are made scapegoats, European Central Bank Executive Board member Peter Praet said.
U.S. Durable Goods Orders Climb 1.7% Amid Jump In Aircraft Demand
Fri, 24 Mar 2017 13:09:28 +0000
Reflecting a continued increase in demand for commercial aircraft and parts, the Commerce Department released a report on Friday showing that new orders for U.S. manufactured durable goods shot up by more than anticipated in the month of February. The report said durable goods orders jumped by 1.7 percent.
Eurozone Private Sector Activity Expands Most In Nearly 6 Years
Fri, 24 Mar 2017 11:52:13 +0000
Eurozone private sector activity expanded at the fastest pace in almost six years in March, amid robust new orders and employment growth in both manufacturing and service sectors. The composite output index rose unexpectedly to 56.7 from 56.0 in February, flash data from the purchasing managers' survey by IHS Markit showed Friday. The score was forecast to fall slightly to 55.8.
Russia Central Bank Unexpectedly Cuts Key Rate, Signals More Reduction
Fri, 24 Mar 2017 11:39:54 +0000
Russia's central bank unexpectedly reduced its key interest rate on Friday, after holding it steady for three sessions in a row, and said it could lower it further as inflation slowdown was faster-than-expected amid an economic recovery though risks remain elevated.
Feed Fetched by RSS Dog.