USD Rebounds as Global Equity Markets Slide
USD Rebounds as Global Equity Markets Slide
FX Highlights
USD is opening mixed waiting for today’s release of US unemployment nonfarm payroll, the trade expects the NFP to show that the pace of the US economic contraction has slowed, GBP pressured by calls for PM Browns resignation BOJ is considering upgrading its economic assessment, JPY lowerUK May […]
Markets Prepare For ECB and BOE Interest Rate Decisions
Markets Prepare For ECB and BOE Interest Rate Decisions
The European Central Bank (ECB) and the Bank of England (BOE) are expected to keep rates on hold, after reducing the monetary policy stance at a record pace over the past year. Both central banks have the policy rate at the lowest level on record, in order […]
Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to …
Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to S&P/CS
Optimism dominated investors at the start of this week as rising consumer confidence provided investors with hopes that the world’s largest economy is on its way back to recovery, as last week stock markets dropped after the Federal Reserve Bank released new […]