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Forex News and Commentary by FXDD

09.09.2010 11:44
Better US data moves EURUSD and USDJPY higher. Will it last
The US had better trade and better Initial Claims. It should lead move outside the range, but will it? You need to watch the key technical levels for clues.
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09.09.2010 11:33
Canada House Price Index & Trade Balance Weaker
New House Price Index-      Survey:   0.1%                Actual:   -0.1             Prior:   0.1%                 Merchandise Trade-       Survey:  0.8B                 Actual:  -2.7B             Prior:   -1.1B                 Revised: -1.8B
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09.09.2010 11:31
US Jobless Claims Data Stronger
Trade Balance:         Survey:  -47.0B           Actual:  -42.8B             Prior:  -49.9B               Revised:   -49.8B Jobless Claims:             Survey: 470K        Actual:  451K         Prior: 472K        Revised:  478K    Continuing Claims:      
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09.09.2010 10:00
UK Official Bank Rate Unchanged at 0.50%
The Bank of England left its overnight rate unchanged at 0.50% and the asset purchase facility will remain at 200B.
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09.09.2010 08:07
ECB’s Mersch Comments:
The market push up the euro nearly 30 points after the release of the following comments by the ECB’s Mersch stating that he now sees first signs of a broad based recovery in the Eurozone. He also made the following…
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