The euro finished the week just above 1.36, where will it be next weekend? Trade ideas are welcome in the comments.
Once again last week the New Zealand dollar was the top performer as it presses against the 2011 high. The Canadian dollar was also solid performer until Friday’s jobs report cuts its legs out. Technically the pair cruised through the … Continue reading
Forex headlines for July 11, 2014: Canadian June employment -9.4K vs +20.0K expected Canada unemployment rate 7.1% vs 7.0% expected RBA’s Stevens sees “material” fall in AUD “at some point” Fed’s Lockhart says it’s too early to make a call … Continue reading
Holland is one of the top-rated countries but can never seem to get to the very top of the heap … oh wait, we’re talking about bonds.
Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, July 8 2014: EUR net short 59K vs short 57K prior JPY net short 66K vs short 71K prior GBP net long … Continue reading
Early-warning system triggered. The USGS estimates earthquake a 6.8 magnitude 165km east of Honshu, Japan. The disasterous Fukushima quake was a 9.0 magnitude. A 6.8 would be a total disaster in most places but Japan is built to withstand earthquakes. … Continue reading
Lockhart’s speech is mostly a rehash of his earlier comments to Bloomberg TV: Hiring trends positive but large amount of part-time work means Fed employment target rate not in sight Little systemic risk from bullish markets and low volatility No … Continue reading
Atlanta Fed President Lockhart is speaking live on Bloomberg TV: Welcomes the trend on the economy If we look at the past few years, inflation has been too low I want to see the economy to stand the test of … Continue reading
In June 2013, the US government reported a $116.5B surplus Outlays $253B vs $170B in June 2013 Receipts $324B vs $287B in June 2013 It’s tough to compare months, even to previous years, because the way the calendar falls each … Continue reading
We’re testing a new feature on our site where you can click on a poll and immediately show the results. Help us test it out by voting if it will it be Messi’s Argentina or Merkel’s Germany? Fun fact: This … Continue reading