Posts Tagged ‘Economic’
Source: ForexYard
The Swiss economy has outperformed most of its regional neighbors and its currency, the franc (CHF), has undergone a meteoric rise over the past two years. Rumblings from within Switzerland, however, seem to show an economy teetering on the brink of a downturn.
The Swiss National Bank (SNB) recently debated ways to curb the franc’s [...]
The key event in central banking, and certainly the mind of the markets, for this week will be Ben Bernanke’s “Jackson Hole speech” scheduled to take place Friday the 26th of August at 10am ET. The regular event is where US Federal Reserve Chairman, Ben Bernanke, in 2010 introduced the idea of a second round of quantitative [...]
The markets started the day lower and rallied sharply higher as the Dollar fell. However, continued fear over Europe and the global economy has sent many buyers into hiding.
Source: ForexYard
The Canadian dollar (CAD) has been stagnating this week with much of the economic news out of Canada appearing flat. Today’s New House Price Index (NHPI) released by Statistics Canada, as an example, revealed 0% growth in the price of new homes purchased this past month by Canadians.
The data did not represent market contraction, [...]
What’s on the Economic Horizon
BOE to Downplay Rising Prices in Inflation Report
U.S. Continues Trade Deficit
CAD Trade Figures On Tap
United States
With forex markets mostly in consolidation mode yesterday, the dollar found itself on the losing end against most of its major counterparts. European currency pairs like EUR/USD and GBP/USD edged slightly higher, while the comdolls made [...]
What’s on the Economic Horizon?
Greek debt gets downgraded
Australian trade surplus exceeds forecasts
Swiss CPI on deck
United States
The dollar may have ended last week with a grand finale, but the way it started this week was anything but amazing! Except against the euro, it retreated against ALL of its counterparts! How weak sauce is that?? EUR/USD slipped [...]
