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Russian Ruble Continues Decline on Oil Prices
Wednesday, November 19th 2008 7:49
Ruble struggles on FX marketThe Russian ruble has begun to depreciate on the FX market, with some help from the government. But external forces aren't helping the place of the ruble in currency...
Canadian Currency Continues Its Retreat in FX Trading
Wednesday, November 19th 2008 7:55
Loonie down in currency tradingThe Canadian currency continues to fall in FX trading as oil prices hurt the economy. The loonie relies on oil prices to support it in currency trading, and the support...
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...
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...
Canadian Dollar Continues to Weaken in Forex Trading
Tuesday, November 18th 2008 7:47
Loonie declines in currency trading on the FX marketThe Canadian dollar continues to weaken in forex trading on the currency market. As global stocks decline in response to a worldwide recession, and...
Down Under Currencies Decline in FX Trading
Tuesday, November 18th 2008 7:56
Currency trading with the kiwi and the AussieIn currency trading, the kiwi and the Aussie are having trouble right now. The down under currencies are declining in FX trading as risk aversion remains...
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...
Easing Consumer Prices Validates Bearish Pound Technical Outlook
Monday, November 17th 2008 22:42
Inflation in the U.K. is expected to have eased in October to 4.8% from 5.2%. Although consumer prices will be well beyond the BoE’ s 2% target and 3%...
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...
Canadian Dollar Struggles in Currency Trading
Friday, November 14th 2008 7:57
Loonie in forex tradingThe Canadian dollar continues to drop in currency trading on the FX market. Just a year ago, as the effects of the subprime lending crash became really apparent, the loonie was...
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...
Asian stocks rise on the increase of commodity prices
Friday, November 14th 2008 7:46
FXstreet.com (Barcelona) – Asian main stock indexes have opened Friday with gains, reversing partially drops posted during previous sessions this week, as oil and commodity prices bounced, and...
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.
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...
Asian stocks fall for second consecutive day
Wednesday, November 12th 2008 7:40
FXstreet.com (Barcelona) – Asian Stock markets have opened lower on Wednesday, falling to a two week low. on lower oil prices and among spreading concerns over the grim economic outlook.
Tokyo...
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The Bank of England sees inflation declining to 1% in two years
Wednesday, November 12th 2008 11:04
FXstreet.com (Barcelona) – The Bank of England notes the market deterioration of domestic and global activity in the last months and the instability in financial markets, adverting the possibility...
Canadian Dollar Forex Trading Forecast
Monday, November 10th 2008 7:00
Currency trading with the loonieThe Canadian dollar forex trading forecast is expected to show a drop in the loonie in the coming months. In currency trading, the loonie is expected to drop as...
UK Producer Prices, lower than expected in October
Monday, November 10th 2008 9:45
FXstreet.com (Barcelona) – Prices at producer level have declined from September to October in the United Kingdom, while the year on year increases have been milder than the ones posted in the...
Economic Data Preview: UK Producer Price Index
Sunday, November 9th 2008 21:08
UK data dominates the economic calendar in European hours, with October’s Producer Price Index (PPI) expected to see output prices down -0.5% to bring...
All Signs Point to Down
Thursday, November 6th 2008 14:27
Regardless of your preference, all economic indicators seem to be heading in the same direction: down. Home sales and home starts, as well as home prices, are way down and projected to fall further....
Russias Ruble May Be Devalued
Friday, November 7th 2008 7:14
Oil prices may mean a lower ruble in currency tradingRight now, oil prices are remaining rather low. And, because oil is a main source of income for Russia, this has not been helping the economy nor...
Asian stock markets mixed on Friday
Friday, November 7th 2008 8:08
FXstreet.com (Barcelona) – Asian stock markets are mixed on Friday, with Japan Nikkei index dropping for the second consecutive day, as Toyota shares plunge about 11% after the release of much...
Canadian Dollar Strengthens in FX Trading
Thursday, November 6th 2008 7:48
Loonie gains in currency tradingThe Canadian dollar is strengthening against the U.S. dollar in FX trading. The impetus comes today, as economic data shows that there was an increase in building...