While in yesterday’s session, Bernanke’s testimony helped rally the U.S. stock market, today, It had the opposite effect, as equities Which HAD Been higher, lower Turned During and after his statements. The main reason was his answer That the Fed does not think That CurrentVersion CONDITIONS warrantless Further stimulus aka
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It’s Been an extremely volatile week with lots of headlines flying around but three Developments Should be paid more attention to. Firstly, the euro was broadly weak in Spite of the ECB’s rate hike and the signal of Maintaining tight tion bias. Even though the situation in Greece was Temporarily resolved, worries on contagion
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It’s Been an extremely volatile week with lots of headlines flying around but three Developments Should be paid more attention to. Firstly, the euro was broadly weak in Spite of the ECB’s rate hike and the signal of Maintaining tight tion bias. Even though the situation in Greece was Temporarily resolved, worries on contagion
View full post on Action Forex (ALL)
It’s Been an extremely volatile week with lots of headlines flying around but three Developments Should be paid more attention to. Firstly, the euro was broadly weak in Spite of the ECB’s rate hike and the signal of Maintaining tight tion bias. Even though the situation in Greece was Temporarily resolved, worries on contagion
View full post on Action Forex (ALL)
It’s Been an extremely volatile week with lots of headlines flying around but three Developments Should be paid more attention to. Firstly, the euro was broadly weak in Spite of the ECB’s rate hike and the signal of Maintaining tight tion bias. Even though the situation in Greece was Temporarily resolved, worries on contagion
View full post on Action Forex (ALL)
It’s Been an extremely volatile week with lots of headlines flying around but three Developments Should be paid more attention to. Firstly, the euro was broadly weak in Spite of the ECB’s rate hike and the signal of Maintaining tight tion bias. Even though the situation in Greece was Temporarily resolved, worries on contagion
View full post on Action Forex (ALL)
We’ve talked up critical technical levels and pivot Areas, But the Major Currencies do not SEEM interested in Developing directional much momentum-even-when-key levels ARE crossed at the moment. What Can That possibly change in the near term?
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The USD / CHF Respected the 0th 8950 Resistance cluster and Fell to 0th 88 Yesterday Before paring sometime unloaded. Today, The Market Continues a bearish Attempt from 0th 8880th A Swing That satisfies wave equality in an ABC correction scenario targets 0th 8740th
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FOREX: US Dollar May Give Back Some Recent Gains on Soft Jobs Report
The Euro and the British Pound were little changed in overnight trade, with markets settling in ahead of the upcoming US Employment report (see below).
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The advanced estimate of f? Inner quarter GDP came in p? 1st 8% (? Rsbasis), n? Got l? Gre? N consensus f? RV? Ntningar f? R 2. 0%. Despite a sm? Rre disappointing headline number of details were actually much b? Ttre? Nv? Ntat.Real personal consumption expenditures, as f? RV? In stone show a soft second 0% outcome, was added p? 2nd 7%.
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