Euro Gives Up Earlier Gains, Yen Down on Trade Data, Pound Pressured
Euro Gives Up Earlier Gains, Yen Down on Trade Data, Pound Pressured
JPN Trade Balance Shows Record Fall for Exports
Exports were down 26.7% compared to a year earlier, which was the worst year-over-year change on record. The export sector is being pressured by collapsing demand for Japanese cars and electronics as consumers in America and even […]
Trade Desk Thoughts - UK Rightmove HPI
Trade Desk Thoughts - UK Rightmove HPI
UK Rightmove HPI Actual -2.3%, Previous -2.9%
Release Explanation: This is the UK’s earliest report on housing inflation and a leading indicator of the housing industry’s health.
Trade Desk Thoughts: Although housing prices declined in December, the rate was slower than in November The index registered a month-on-month […]
FX Prices Deviate From Risk Aversion Trade, Gold And Oil Rally Strong
FX Prices Deviate From Risk Aversion Trade, Gold And Oil Rally Strong Market Brief
The dollar fell to its lowest levels in seven weeks against the majors displacing the recent trend trading across the financial markets. The EurUsd rose over 300 pips to the low 1.33 price area, while the UsdJpy fell 137pips to […]