Friday and Saturday’s Key Economic Data
Today’s And Tomorrow’s Key Economic Data
USD
Thursday Key Economic Data
Today’s Key Economic Data
Wednesday’s Key Economic Data
Today’s Economic Key Data
Tuesday’s Key Economic Data
Today’s Economic Key Data
Monday’s Key Economic Data
Today’s Economic Key Data
Trick Or Treat From The FED?
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, it is the trick or treaters at the
Spot the insider selling in Cable – answers on a postcard!
Cable’s (FXB, quote) recent revival which was signalled with a two bar reversal off the strong support platform at 1.5163 came to a juddering halt today on the release of the CPI data. Until this release cable had been testing the 1.5474 area as well as the 100 ma which capped the recent rally.
Volatility & The Euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move lower also in the EUR/JPY, although this bearish sentiment towards the euro has not been as strong in eurodollar.
Canada And The Loonie Under The Cosh
Of the currencies likely to be in focus this week, I really did not expect the week to start with a further move lower for the Loonie (and the Canadian economy) which have both been badly affected by falling oil prices (USO, quote) .
The US Dollar Rules – OK!
Difficult to believe that until recently the US dollar (UUP, quote) was being written off by all and sundry, with some even suggesting that its days as the currency of first reserve were numbered. Many were calling for the Yuan to replace it, and even the euro in its current iteration. Others suggested a basket of currencies. How times have changed.