Source: DailyFX.com
Written by John Kicklighter, Junior Currency Analyst
It was the last taste of scheduled economic data the Canadian dollar would get this week and the subdued response to the day’s indicators left little hint as to direction in the unit for the remainder of the week. Across the Canadian dollar denominated [...]
US Inflationary Data Passes With Little Dollar Bullishness
June 14th, 2006 News Headlines | Comments OffWritten by John Kicklighter, Junior Currency Analyst
Though a positive read for dollar traders, today’s long anticipated consumer price gauge came and went with little of the rally expected with the improved odds of an additional rate hike at the June 28th Federal Open Market Committee meeting. Price action in the majors [...]
Written by Boris Schlossberg, Senior Currency Strategist
Talking Points                                            Â
·         AUD Consumer Confidence slips markedly
·         EUR Inflation considerably above 2.0% ECB target
·         UK Labor data lackluster
·         US CPI on deck
The EUR/USD made a stab at a recovery in early European trade today after seven straight days [...]
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Author: Micheal Sotto
Author Site: www.forex-united.comÂ
The World Cup season may not boost the markets to any level, but we can
be sure that the movement will be affected. It´s very easy to understand
and predict it. We need movement and flutuation to make profits. If the
prices are stuck, you don´t know which currency to buy, you don´t [...]