Thursday, November 25, 2010

Forex Market Updates & Commentary

Forex Market Updates & Commentary

Link to Forex News and Commentary by FXDD

EURUSD rotates higher on the back of German’s Merkels comments

Posted: 25 Nov 2010 06:24 AM PST

Germans Merkel on the newswires

Posted: 25 Nov 2010 05:41 AM PST

  • Solidarity in the Euro area then a year ago
  • No euro member needing debt restructuring
  • Germany ready to show solidarity on euro
  • German wants a strong euro

The comments gave the EURUSD a boost from 1.3319 to 1.3335.

NY Opening Forex Commentary_Happy Thanksgiving

Posted: 25 Nov 2010 05:14 AM PST

King Testifies at U.K Inflation Report Hearings

Posted: 25 Nov 2010 02:07 AM PST

  • “Pessimistic” outlook for consumption growth.
  • Growth may be insufficient to take out capacity.
  • Central bank action helped limit economic slump.
  • Growth flattened by turnaround in inventory.
  • “Considerable uncertainty” about outlook for demand.
  • Sees challenge in controlling inflation.
  • Sees GDP lower than MPC forecast.
  • Money growth weak, likely to restrain spending.
  • U.K. demand needs to rebalance more to increase trade.
  • Appropriate to maintain level of stimulus.
  • “Considerable uncertainty” about outlook for demand.
  • “Ready to adjust policy in either direction”.
  • “Healthy” Europe economy is important for U.K.
  • CPI is likely to remain elevated for another year.
  • BOE action risks “undesirable volatility” in output.

Swiss employment better than expected at 4.08M

Posted: 25 Nov 2010 12:16 AM PST

The market had a limited reaction to the release.

Swiss Employment Level in 10 minutes

Posted: 25 Nov 2010 12:05 AM PST

11-25-chf-emp-level

11/25 Economic Calendar

Posted: 24 Nov 2010 08:44 PM PST

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Four currency pairs reviewed in 5 minutes

Posted: 24 Nov 2010 11:30 AM PST

The following video take a close look at the 4 major currency pairs against the US dollar, the EURUSD, GBPUSD, USDJPY and USDCHF. In the report, I look at the short and longer term bias for the pairs and define the risk. To subscribe to my analysis, send an email to greg@fxdd.com

EURUSD stalls as Wednesday feels like Friday

Posted: 24 Nov 2010 10:03 AM PST

The FXDD Midday Forex Commentary reviews the major currency pairs

Posted: 24 Nov 2010 09:12 AM PST

The EURUSD, GBPUSD, USDJPY, USDCHF, EURJPY and USDCAD are all reviewed in the Midday report. For a review of any other currency pair, send me an email at greg@fxdd.com.

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