| Euro Finds Intraday Support Head of 20-Day SMA, British Pound Looking For Bottom (Daily FX) The euro tipped lower for the second day but remained supported by the 20-Day moving average, and the EUR/USD may continue to trend sideways over the following month as investors weigh the outlook for future policy. us.rd.yahoo.com |
Strong economic data bolsters dollar against yen (CNNMoney.com) The dollar was mixed against major rivals on Thursday following better-than-expected economic data about inflation and jobless claims. us.rd.yahoo.com |
Dairy industry lift boosts NZ dollar The New Zealand dollar spurted higher around 8am after Fonterra announced it was increasing its forecast payout to farmers by around 20 per cent more than it perviously indicated in September.The kiwi had been around the US72.45c... nzherald.co.nz |
Data lifts stocks to 2009 highs on Christmas Eve (Reuters) U.S. stocks rallied in a brief pre-holiday session on Thursday, closing at 2009 highs, after data showing a drop in initial jobless claims and growth in durable goods orders suggested an economic recovery was picking up steam. us.rd.yahoo.com |
GBP/USD: Trading the U.K. Advanced 4Q GDP Report (Daily FX) The British Pound is widely expected to face increased volatility over the next 24 hours of trading as economists anticipate the nation to emerge from its worst recession since the post-war period and forecast growth rate to expand 0.4% in the fourth quarter after unexpectedly contracting 0.2% during the three-months through September. us.rd.yahoo.com |