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Recession fears weigh on Asian stock markets
Wednesday, November 19th 2008 7:45
FXstreet.com (Barcelona) – Asian stock markets have been mixed on Wednesday, with the prevalence of red numbers despite modest gains in Wall Street on the previous day on the outlook of a serious...
BOE Minutes: 150 bp rate cut approved unanimously to diminish effects of credit tightening
Wednesday, November 19th 2008 10:04
FXstreet.com (Barcelona) – The Bank of England has affirmed that its decision to cut its Bank Rate by 1,50% announced in November the 6th was approved unanimously, based on the need to react...
UK CBI industrial trends survey shows output at 18-year low in November
Wednesday, November 19th 2008 11:16
FXstreet.com (Barcelona) – Manufacturing output has declined in the United Kingdom in November to its lowest level since 1980, while the new orders remain at very low levels, according to the...
US CPI decreases sharply in October
Wednesday, November 19th 2008 13:48
FXstreet.com (Barcelona) – Consumer prices posted in October the largest monthly decline in the last 61 years weighed by a slumping economy which is pulling down inflation, according to data...
US Housing starts fall again to record low in October
Wednesday, November 19th 2008 14:02
FXstreet.com (Barcelona) – Starts of new houses have dropped again in October, for the fourth consecutive month to their lowest level ever, while building permits have dropped much lower than...
Swiss retail sales pick up strongly in September
Tuesday, November 18th 2008 8:30
FXstreet.com (Barcelona) – The global economic slowdown does not seem to be seriously affecting Swiss consumption, retail sales have posted a strong increase in September, according to figures...
UK consumer prices moderate in October on lower crude prices
Tuesday, November 18th 2008 9:47
FXstreet.com (Barcelona) – Inflation at consumer level has eased slightly beyond expectations in October, mainly because the decline of petrol prices, retail prices index were also down in October...
US Producer Prices Index drop beyond expectations in October
Tuesday, November 18th 2008 13:47
FXstreet.com (Barcelona) – Inflation at producer levels has posted a well larger than expected decline in October, due, mainly, to a sharp decline in crude oil products, according to data released...
US Net long Term TIC flows increase in September
Tuesday, November 18th 2008 14:13
FXstreet.com (Barcelona) – Net foreign purchase of long term securities have increased in September to $66.2 billions from revised $ 21.0 billion in August, according to figures by the US Treasury...
EUR/USD: The Euro Dollar, in a triangle formation
Tuesday, November 18th 2008 15:50
FXstreet.com (Barcelona) – The Euro Dollar, as well as the rest of the majors, has been moving in a narrow range for the last hours and the cross is now inside a triangle pattern, according to...
Euro Zone Trade deficit narrowed in September
Monday, November 17th 2008 10:15
FXstreet.com (Barcelona) – Euro area’s good and services trade deficit has narrowed in September compared to August as exports rose slightly above imports, according to data released by Eurostat.
NY Empire State manufacturing index falls to its lowest level in November
Monday, November 17th 2008 13:47
FXstreet.com (Barcelona) – Economic conditions for manufacturers of the New York Fed Area have worsened further in November, with the Empire State manufacturing index edging down to record low...
US Industrial Production increased unexpectedly in October
Monday, November 17th 2008 14:33
FXstreet.com (Barcelona) – Industrial production has increased in the United States in October for the first time in the last three months as activity returned to normal after hurricanes Gustav and...
GBP/USD: Strong recovery for the Pound
Monday, November 17th 2008 16:27
FXstreet.com (Barcelona) – The Cable has rallied today against the Dollar, and according to the ActionForex technical team consolidation in these levels is favoured: “GBP/USD's recovery from...
German CPI continues on the path of moderation in October
Friday, November 14th 2008 7:17
FXstreet.com (Barcelona) – Consumer prices continue moderating their growing paces in Germany, on the back of the recent sharp decline in mineral oil prices, in October, annual inflation has...
EUR/USD: The Euro posted a sharp rally yesterday
Friday, November 14th 2008 9:15
FXstreet.com (Barcelona) – The Euro bounced back against the USD yesterday, and according to the ActionForex Technical team, the bias flipped to the upside: “EUR/USD's strong rebound from 1.2389...
Euro Area CPI continued moderating in October
Friday, November 14th 2008 10:24
FXstreet.com (Barcelona) –Inflation has continued moderating at a fast pace in October, as food and energy prices slow down their growing paces, according to data released by Eurostat.
US Univ. Michigan consumer sentiment index edges up in November
Friday, November 14th 2008 15:14
FXstreet.com (Barcelona) – Consumer confidence has edged up very slightly in the US in November, although it still remains at historically low levels, according to the latest survey by Reuters and...
German GDP confirms economic decline in the third quarter
Thursday, November 13th 2008 7:20
FXstreet.com (Barcelona) – German economy seems to have failed to grow for the second consecutive quarter, as gross domestic product’s figures show negative levels again in the third quarter...
Swiss Producer and import prices continue slowing down in October
Thursday, November 13th 2008 8:24
FXstreet.com (Barcelona) – Inflation at producer levels continues declining in Switzerland, on the back of sharp declines in oil prices as well as metals and metal products, according to the...
The ECB monthly bulletin observes an unusually high degree of uncertainty
Thursday, November 13th 2008 9:44
FXstreet.com (Barcelona) – The European Central bank has released its monthly bulletin where it observes that global economy is slowing down and uncertainty remains at unusual high levels, although...
Swiss ZEW Economic Expectations Index has improved slightly in November
Thursday, November 13th 2008 10:19
FXstreet.com (Barcelona) – Economic expectations seem to have improved slightly in Switzerland in November although they still remain at levels far from the historical average, according to the...
US Trade deficit narrowed in September
Thursday, November 13th 2008 13:50
FXstreet.com (Barcelona) – US deficit in goods and services trade with the rest of the world has narrowed somewhat beyond expectations in September reaching its lowest level since October 2007...
USD/CAD: Dollar rise extends further
Thursday, November 13th 2008 16:12
FXstreet.com (Barcelona) – The US Dollar has continued rallying against the Canadian Dollar, and according to the ActionForex Technical Team the bias remains on the Upside: “USD/CAD's rise from...
U.S. Dollar Forex Trading Forecast
Wednesday, November 12th 2008 7:31
FX trading with the greenbackThe U.S. dollar forex trading forecast may not be as rosy as some would like to think right now. Even though yesterday in FX trading the greenback overcame declines...