Euro in Focus as ECB Announces Interest Rates, Updates Economic Outlook (Euro Open) (Daily FX)
The Euro takes center stage with the European Central Bank set to announce interest rates and update their economic outlook for the Euro Zone. UK Services PMI and EZ Retail Sales are also on tap. us.rd.yahoo.com |
Interactive Brokers Group Reports Brokerage Metrics For September 2009 (Business Wire)
GREENWICH, Conn.----Interactive Brokers Group, Inc. an automated global electronic market maker and broker, today reported its Electronic Brokerage monthly performance metrics for September. us.rd.yahoo.com |
USD/CHF Slows On Approach To Parity Creating Scalping Opportunity (Daily FX)
The USD/CHF has seen price action dictated by risk sentiment as the dollar continues to be negatively correlated with demand for risky assets. The pair in fact has been the mirror image of the EUR/USD in recent trading with parity serving as a similar barrier to 1.500 for the single currency cross. us.rd.yahoo.com |
Canadian Dollar to Underperform as Focus Turns to Yields (Daily FX)
Canadian Dollar to Underperform as Focus Turns to Yields Fundamental Forecast for Canadian Dollar: Bearish - Canadian Dollar Strengthens as Building Permits Surge - Currency Markets Unmoved by Bank of Canada’s Warnings - Trade Date, BoC Review Send Mixed Messages to Traders The Canadian Dollar is positioned to decline in the week ahead, lagging behind the rest of the commodity bloc as better-than-expected US economic data pushes traders to reconsider the global outlook for monetary policy. us.rd.yahoo.com |
Euro Holds Steady Ahead of FOMC Rate Decision, British Pound Advances as BoE Holds Hawkish Outlook (Daily FX)
The Euro bounced back from the low to remain little changed on the day, and the EUR/USD could face increased volatility over the next 12 hours of trading as the Federal Open Market Committee is scheduled to announce its interest rate decision at 19:15 GMT. us.rd.yahoo.com |