Investors Express Confidence In Economic Stimulus Plan Through Positive Trading
Investors Express Confidence In Economic Stimulus Plan Through Positive Trading Market Brief
The dollar was mixed against the majors following further announcements from President Elect Obama regarding the US economic stimulus plan. The EurUsd slipped 100pips to the low range of 1.35, while the UsdJpy gained 25pips to the high 93 level. The GbpUsd […]
Conference Board’s Consumer Confidence Index Hits a Record Low
Conference Board’s Consumer Confidence Index Hits a Record Low
The Conference Board measure of consumer confidence came in much weaker than expected in December, falling to 38 from 44.7 in November (originally reported as 44.9). This represented a record-low reading for household confidence. Expectations had been for falling gasoline prices to continue supporting a recovery in […]
US Dollar Ends Day Down As Consumer Confidence Falls To Worst Level Since At Least 1967
US Dollar Ends Day Down As Consumer Confidence Falls To Worst Level Since At Least 1967 Euro Maintains Wide Ranges as Euro-zone Data Suggest ECB Will Cut Rates on January 15 British Pound Reaches New Record Low (Again) vs. Euro on Bleak UK Economic, Interest Rate OutlookJapanese Yen Ends Monday Mixed, GBP/JPY Hits Fresh […]