Forex Market Updates & Commentary

Euro Falls
University of Michigan Confidence & Business Inventories Data Stay Unchanged
Philadelphia Fed Survey shows stronger growth
Forex QUICK: USDJPY stays between support and resistance
Forex Quick: GBPUSD back below close after testing trendline resistance
Forex Morning Report - May 14
Industrial Production Comes out a Touch Higher than Expected
Industrial Production and Capacity Utilization Data due at 9:15
Forex QUICK: EURUSD bounces of the 1.2470 level and tests 100 bar MA
Forex QUICK: Retail Sales, USDJPY and EURUSD after the better data
8:30AM US Economic Data
Sarkozy Spokeswoman denies his comments on the EURO
FXDD Webinar Rebroadcast from Thursday May 13th
French President Nicolas Sarkozy on the Newswires
US Economic Data Releases for May 14

Euro Falls

Posted: 14 May 2010 07:06 AM PDT

Euro Falls to $1.2424 lowest level since November 2008

University of Michigan Confidence & Business Inventories Data Stay Unchanged

Posted: 14 May 2010 07:04 AM PDT

U of Michigan Confidence: Survey:73.5 Actual: 73.3 Prior: 72.2

Business Inventories: Survey:0.4% Actual: 0.4% Prior: 0.5%

Philadelphia Fed Survey shows stronger growth

Posted: 14 May 2010 07:04 AM PDT

In a survey of 44 participants, the 2nd quarter survey of professional forecasters say the annual GDP growth over the next two quarters has been revised higher to 3.3% from 2.7% previously. 2010 and 2011 growth was predicted to show a gains of 3.3% and 3.1% respectively. 2012 and 2013 are expected to have growth of 3.2% and 2.9% respectively.

Unemployment isprojected to average 9.6 percent in 2010, but falling to 8.9 percent in 2011, 8.0 percent in 2012, and 7.1 percent in 2013.

Forex QUICK: USDJPY stays between support and resistance

Posted: 14 May 2010 06:58 AM PDT

Forex QUICK: USDJPY stays between support and resistance

Forex Quick: GBPUSD back below close after testing trendline resistance

Posted: 14 May 2010 06:23 AM PDT

Forex Morning Report - May 14

Posted: 14 May 2010 06:21 AM PDT

Industrial Production Comes out a Touch Higher than Expected

Posted: 14 May 2010 06:15 AM PDT

Industrial Production: Survey: 0.7% Actual:0.8% Prior:0.1% Revised: 0.2%

Capacity Utilization: Survey: 73.8% Actual: 73.7% Prior:73.2% Revised: 73.1%

Industrial Production and Capacity Utilization Data due at 9:15

Posted: 14 May 2010 05:59 AM PDT

Forex QUICK: EURUSD bounces of the 1.2470 level and tests 100 bar MA

Posted: 14 May 2010 05:46 AM PDT

Forex QUICK: Retail Sales, USDJPY and EURUSD after the better data

Posted: 14 May 2010 05:37 AM PDT

Forex QUICK: Retail Sales, USDJPY and EURUSD after the better data

8:30AM US Economic Data

Posted: 14 May 2010 05:30 AM PDT

Advance Retail Sales: Survey: 0.2% Actual: 0.4% Prior: 1.6% Revised: 2.1

Retail Sales Sales Less Autos: Survey: 0.4% Actual: 0.4% Prior: 0.6% Revised: 1.2

Retail Sales Ex Auto & Gas: Survey: 0.3% Actual: 0.4% Prior: 0.7% Revised: 1.3

Sarkozy Spokeswoman denies his comments on the EURO

Posted: 14 May 2010 05:26 AM PDT

Now on a headline a Sarkozy spokeswoman denies the comments about the EURO and Germany.

FXDD Webinar Rebroadcast from Thursday May 13th

Posted: 14 May 2010 05:15 AM PDT

Click here to watch the rebroadcast

French President Nicolas Sarkozy on the Newswires

Posted: 14 May 2010 05:14 AM PDT

News headlines reported overnight that French president Nicolas Sarkozy threatened to pull out of the euro unless German Chancellor Angela Merkel agreed to back the European Union bailout plan at a summit last week in Brussels, according to El Pais newspaper. According to rumors out of Spain, Sarkozy stated “If at this point, given how its falling, Europe isn’t capable of making a united response, then there is no point to the euro” Euro is currently trading slightly under $1.25

US Economic Data Releases for May 14

Posted: 14 May 2010 04:54 AM PDT