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British Pound Suffers Largest Monthly Fall Since 1992
With Friday being the last trading day of the month and the US Labor Day holiday coming up on Monday, currency flows have been rather disorderly, and the only exciting action in the forex markets has been another steep decline of the ... ...
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JDSU Breaks Away On Missed Q4 Earnings, Loss Widens
On Wednesday, August 20 after-hours, JDS Uniphase Corp. (JDSU) reported a Q4 loss of $0.13 per share or $29.8 million vs. a loss of $.08 per share or $17.9 million. Revenue increased 11% to $390.3 million from $350.7 million a year ago. ... ...
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The FDIC Ramps Up
Hmmm. It looks like the FDIC is ramping up for something big. I wonder what it could be. Here’s the skinny. From Bloomberg by David M. Levitt entitled: FDIC Adds Office Space in Dallas, Ready for More Bank Failures ...
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Arrow Electronics Core Business Strains
Arrow Electronics, Inc. (ARW) reported revenues of $4.35 billion in Q2:08, above our estimate of $4.05 billion, while non-GAAP diluted EPS of $0.84 beat our consensus estimate of $0.77. For the September quarter, ARW guided to revenue ...
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Rotten Earnings: Del Monte Foods Posts Q1 Loss
On Thursday August 28, before the market open, Del Monte Foods Co. (DLM) reported a Q1 loss of $0.05 per share ($0.04 from continuing operations) or $10.1 million on $726.2 million in revenue vs. earnings of $0.02 or $3.5 million on ...
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Oil, Near Term Critical Juncture....by D Solin
Crude is consolidating since the Aug 15th low and is worth keep a close eye on currently…not only for oil’s potential action, but for the potential action it could trigger for the $ (especially on a near term basis). Generally still...
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Consumer Spending Is Poised For A Major Slowdown
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
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Market Overview by Forex Yard
Economic News
* USD
Dollar Looks to Continue Profits after Yesterday's Strong Session.
The USD underwent a bullish trading session yesterday, as it appreciated against all of its major currency rivals. The dollar rose 0.1% and closed at around 1.4710 versus...
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Varengoldbank FX - Daily FX Report
This morningÂs Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
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Oil Prices and the U.S. Dollar in Currency Trading
Forex trading with the greenbackThe U.S. dollar is struggling a bit in currency trading on the FX market this morning.
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Euro Drops in Forex Trading
Economic data puts strain on euro in currency tradingThe euro is struggling a bit in forex trading on the currency market this morning.
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Forex Market Update
Muted Response to US GDP
Despite strong US figures yesterday, we did not see any significant reaction in EURUSD, not being able to take out Wednesday's lows at 1.4665, which now acts as the downside trigger.Keep an eye on oil
MAJOR HEADLINES ? PREVIOUS...
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Wachovia Daily FX Report
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
Click for the full report.
Go to Full Article
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Daily Foreign Exchange Market Summary, by U BoC
U
The US dollar ignored yesterday's surprisingly strong second quarter
U.S. growth data and softened this morning as investors took profit on
the recent rise. News that US consumer spending slowed in July dented
dollar sentiment....
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Market Update from Trade The News
European Market
Update: Euro-Zone CPI Estimate Cools from Recent High
·*** DATA ***
·UK Aug GFK
Consumer Confidence: -36 v -41e
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