| Dollar Struggles as a Return of Liquidity Redoubles the Focus on Deficits, Growth (Daily FX) The summer doldrums are traditionally considered to be at an end after the extended, Labor Day holiday for the US. However, with the return of liquidity hasn?t been a positive milestone for the dollar. us.rd.yahoo.com |
World markets buoyed by Alcoa, US jobless data (AP) World stock markets rose Thursday after a solid start to the U.S. third-quarter corporate earnings season and better than expected unemployment data solidified hopes that the global recovery is on a sound footing. us.rd.yahoo.com |
German Business Confidence Rises to Highest Level in 15 Months; Swiss Employment Rises 0.2% (Daily FX) German IFO - business climate rose to 93.9 in November from a revised 92.0 the month prior, surpassing economistsâ forecasts of a 92.5 to mark the highest reading in 15 months. The improvement came as the current assessment component advanced to 89.1 from a revised 87.4, while expectations rose to 98.9 amid forecasts of 97.3. us.rd.yahoo.com |
NZDUSD Range High Risk as Holiday Trading Conditions Set In (Daily FX) Under normal conditions, a range setup in NZDUSD would be considered risky. From a technical standpoint, we have seen a very distinct reversal pattern develop with lower swing lows and a horizontal level of support. us.rd.yahoo.com |
Dollar climbs on Aussie jobs report The New Zealand dollar rose today after a stronger than expected employment report in Australia made this part of the world a more attractive investment destination.The NZ dollar was US74.06c at 5pm, up from US73.92c at 8am and... nzherald.co.nz |