Forex Crunch Euro-zone Rate Hike?

Forex Crunch Euro-zone Rate Hike?


Euro-zone Rate Hike?

Posted: 02 Feb 2011 04:12 AM PST

There are speculations that the ECB may raise the interest rate sooner than later. Is Jean-Claude Trichet setting the ground for a rate hike? Trichet stopped buying bonds, for the first time since October. Inflation in the Euro-zone reached an annual pace of 2.4% in January, above the official target of 2%. The previous month

EUR/USD Feb 2 – Consolidating After Breakout

Posted: 02 Feb 2011 02:07 AM PST

EUR/USD is taking a break from rising after the big breakout yesterday. Today we get more hints towards the NFP. Where will it go?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Peaked at 1.3861 before dropping. Current range – 1.3760 to 1.3830. Further levels in both directions: Below

Forex Daily Outlook – February 2 2011

Posted: 01 Feb 2011 02:00 PM PST

US ADP Non-Farm Employment Change is the major event on our calendar today. Here is an outlook on the market movers awaiting us. In the US, ADP Non-Farm Employment Change measuring the estimated change in the number of employed people during the previous month, excluding the farming industry and government grew more than expected with

AUD/USD Feb.02–Aussie Continues Rise Against US Dollar

Posted: 01 Feb 2011 12:18 PM PST

The Aussie continued its rise against the US Dollar Tuesday with the Greenback lower against other currencies due to continuing concerns over the violent unrest in Egypt. The Aussie was trading at 1.0124 up 1.66%, as of this writing. Is the Egyptian unrest cause for genuine concern? Here's a quick update on technicals, fundamentals and

Booming commodity prices weigh heavily on emerging economies

Posted: 01 Feb 2011 05:45 AM PST

Those investors who have committed capital to the commodity price story have continued to prosper in the first few weeks of this year. However, for both the household and corporate sectors in many developing countries, soaring prices for raw materials and foodstuffs are becoming something of a nightmare, as they represent a significant deterioration in financial

No comments:

Post a Comment