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No EURO Freeze just Squeeze

A Greek deal is almost here again, maybe tomorrow or Friday or next week! It’s like dealing with an adolescent teen and their irreverent actions. Accountability and big picture politics do not seem to be included in the Greek decision process, otherwise there would be a greater sense of urgency and unity rather than domestic discord and non decisions. Despite all this, the hint, the potential, the wanting has the EUR bid over the past two sessions, allowing it to [...] read more

AUD Roundup

Posted by Staff at 6:15 am UTC, 02/08/2012
Posted by Staff at 8:37 am UTC, 02/07/2012
Posted by Staff at 8:31 am UTC, 02/07/2012
Posted by Dean Popplewell at 6:29 am UTC, 02/07/2012
Posted by Staff at 6:22 am UTC, 02/07/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:49 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:47 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:46 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:45 am UTC, 02/08/2012
Cash Rate Target :

AU Cash Rate Target : The Cash Rate is the rate financial institutions charge other financial institutions for overnight loans in the Australian banking system. This is a fundamental trend-setting rate and changes to this rate are reflected in other interest rates.

Central Bank Watch »

A “Dovish” FOMC

Posted by Dean Popplewell 1:03 pm UTC, 01/25/2012

The “Exceptional” language was maintained by the FOMC after keeping rates on hold. A dovish meeting has US yields and the dollar sliding. This FOMC’s statement shows one major change from the December meeting, it now expects exceptionally low levels for FED Funds rate through late 2014. Basically, policy makers have extended their timeline by 18-months. Currently, futures prices see lower odds of an early 2014 hike, prior to the meeting it was at +20%. The market had expected the SEP, [...] read more

Economic Exposure »

World Bank Downgrades Global Growth Outlook

Posted by Scott Boyd 3:49 pm UTC, 01/18/2012

On Wednesday, the World Bank revised its global growth projections to reflect the deteriorating debt situation in Europe. Comprised of over 180 member countries, the World Bank predicted last June that global activity for 2012 would expand by 3.1 percent. The downgraded outlook now places global growth for 2012 at just 2.5 percent, with most of the growth slated for the emerging economies. In fact, noted World Bank economist Justin Lin, Europe was likely already in recession and could trigger a [...] read more

Latest Articles

Posted by Dean Popplewell at 6:23 am UTC, 02/08/2012
Posted by Staff at 6:15 am UTC, 02/08/2012
Posted by Staff at 8:37 am UTC, 02/07/2012
February
8
Today’s Global
Market Events
8:15 am

CAD
Housing Starts
Actual +198k
10:30 am

USD
Crude Oil Inventories
2.9M vs. 4.2M
10:40 am

USD
FOMC Member Williams Speaks
4:45 pm

NZD
Employment Change q/q
0.4% vs. 0.2%
NZD
Unemployment Rate
6.5% vs. 6.6%
6:50 pm

JPY
Core Machinery Orders m/m
-4.6% vs. 14.8%
JPY
M2 Money Stock y/y
3.1% vs. 3.1%
8:30 pm

CNY
CPI y/y
4.0% vs. 4.1%
CNY
PPI y/y
0.8% vs. 1.7%