Forex Weekly Trading Forecast - 08.17.09 (Daily FX)
US Dollar: Is This the Turn Markets Have Been Waiting For? Euro: How Strong is the Economic Recovery? Japanese Yen Conflicted as Risk Trends Mix With Key GDP Report British Pound Still Reeling from QE News, UK CPI May Weigh Further Swiss Franc Reversal Nearing As Range Bound Price Action Continues Canadian Dollar Under Pressure as Sentiment Sours, Intervention Mulled Australian Dollar May Strengthen as RBA Sees Scope For Higher Rates New Zealand Dollar May Have Set 2009 High on S&P Turnaround us.rd.yahoo.com |
Europe's economy recovers on back of stimulus (AP)
When the recession hit last year, European governments were at odds over how to coordinate their fight against the global crisis. Despite that initial dissonance, the countries sharing the euro now seem to be heading toward recovery at a surprisingly similar pace. us.rd.yahoo.com |
High dollar will hurt farmers
A high New Zealand dollar and reduced demand for sheep and beef looks set to hurt farmers in the coming year, says the Ministry of Agriculture and Forestry (MAF).MAF's latest farm monitoring report showed sheep and beef profit... nzherald.co.nz |
Euro Close Below 50-Day SMA Shifts Structure; More USD Gains Ahead (Daily FX)
The market is still in the process of digesting the much stronger than expected US employment data from Friday, with the buck finding some fresh bids as Fed interest rate expectations are ramped up. us.rd.yahoo.com |
OJ futures fall as Florida avoids a major freeze (AP)
Orange juice futures contracts retreated Thursday after much of Florida avoided a potentially devastating freeze overnight. us.rd.yahoo.com |