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Technical News

Dollar Rises to 8-month high on U.S. Non-Farms Report and European Worries
2010-02-08ForexYard

The dollar climbed to an eight month high versus the EUR on Friday after the release of the U.S. jobs report. Credit concerns in Europe are weighing on the market as traders have moved out of riskier currencies and into the safety of the dollar and yen. ...

USD technical analysis

Unemployment Rate Improves...

EUR technical analysis Sovereign Debt Fears Sinks the EUR...
JPY technical analysis Sovereign Debt Fears Boost the Yen... Oil technical analysis Spot Crude Oil Prices Plummet...

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Breaking News

Dollar benefits as haven from sterling
Mon, 8 Feb 2010 22:23:25 +0000Financial Times

The pound suffered after weekend polls suggested that the next UK general election would result in a hung parliament, boding ill for the widening budget deficit

Traders make $8bn bet against euro
Mon, 8 Feb 2010 19:03:16 +0000Financial Times

Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn

Short View: Sterling under pressure
Mon, 8 Feb 2010 19:00:08 +0000Financial Times

The pound is caught in global cross-currents, but its future direction may be in the hands of its own central bank and of the UK's voters, writes John Authers

Could the ECB cut rates?
Mon, 8 Feb 2010 15:44:20 +0000Financial Times

Steve Barrow, at Standard Bank says the prospect of a eurozone rate cut is slowly returning to investors' radar screens.

Investors dazed by week of turmoil
Fri, 5 Feb 2010 20:04:54 +0000Financial Times

In different times, this weekend's G7 meeting would have been an event to follow, but the market's wild ride means investors are only keeping half an eye on it

Debt troubles hit central Europe
Fri, 5 Feb 2010 18:46:02 +0000Financial Times

Central European currencies softened and stock markets dropped as the region's financial community reacted to the troubles of the debt-laden economies of Greece, Portugal and Spain

Germany's industry-led recovery falters
Fri, 5 Feb 2010 15:03:13 +0000Financial Times

Industrial production tumbles 2.6 per cent in December, according to official statistics, providing further evidence that growth in Europe's largest economy slowed significantly in the final quarter of 2009

Price pressures on UK manufacturers rise
Fri, 5 Feb 2010 10:45:03 +0000Financial Times

The cost of British products leaving the factory gate climbs slightly more than expected in January, but not by as much as the cost of goods that manufacturers need to produce them

Euro falls to eight-month low against dollar
Thu, 4 Feb 2010 22:32:15 +0000Financial Times

The euro drops to its lowest level in more than eight months against the dollar as ongoing concerns over the fiscal problems of countries on the periphery of the eurozone undermined the currency

Gilt markets unruffled as QE suspended
Thu, 4 Feb 2010 20:14:06 +0000Financial Times

The Bank of England has held interest rates at record lows but says it will not extend its £200bn-plus asset buying programme

Trichet seeks to reassure on public finances
Thu, 4 Feb 2010 19:49:44 +0000Financial Times

The European Central Bank president moved to boost confidence in eurozone public finances while keeping up pressure on southern members to bring deficits under control

Improved US jobs data help lift dollar
Wed, 3 Feb 2010 23:12:33 +0000Financial Times

The smallest fall in private sector employment for nearly two years provided support for the currency

EU puts Athens under closer scrutiny
Wed, 3 Feb 2010 19:27:12 +0000Financial Times

Greece told to slash its wage bill, speed up pension reform and set aside 10% of expenditure to pull itself out of crisis

Eurozone retail sales disappoint
Wed, 3 Feb 2010 12:25:43 +0000Financial Times

Data show the lowest Christmas sales reading since 2005 as the downturn continues to have a negative impact on consumer spending

Aussie dives on surprise hold in rates
Tue, 2 Feb 2010 22:31:29 +0000Financial Times

The Australian dollar fell heavily on Tuesday after the country's central bank surprised markets by keeping interest rates on hold

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