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Tax Rebates Drives Stronger Retail Sales
Retail sales increased 1.0 percent last month as tax rebates and higher gasoline prices drove stronger consumer spending. With the exception of the Miscellaneous category, retail sales increased across the board. ...
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In the Financial Papers: Today’s Top Forex News 06.12.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 4:14minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: US Retail Sales Increase...
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Will Retail Sales be Strong or Weak?
By Kathy Lien, Chief Strategist of DailyFX.com and Abhi Chakraborty Published: June 11, 2008 US retail sales are due for release on Thursday and the degree of consumer spending could play a big role in determining where the US dollar ...
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Will Rising Consumer Prices Send EURUSD Below Support?
Trading the News: U.S. Consumer Price Index What?s Expected Time of release: 06/13/2008 12:30 GMT, 08:30 EST Primary Pair Impact : EURUSD Expected: 3.9%...
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Fed Rate Hike Ready or Not?
On Friday, June 7th the US unemployment rate spiked from 5.1 to 5.5 percent - its biggest rise in 26 years. The currency market reacted predictably pushing...
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Dollar / Yen Tests 108: Additional Resistance at 108.60
The USDJPY is testing 108 this morning. Currency pairs tend to turn at these round 'psychological' figures. As such, this pair bears watching.
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US Retail Sales Rise The Most In 6 Months On Spending At Gas Stations
US Advance Retail Sales rose by the most in 6 months during May, as the index jumped 1.0 percent from the month prior. Excluding autos, this figure was...
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Australian Dollar Sinks On Job Losses, ECB Retreats From Rate Hike Talk
See the article...
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Dollar Continues to Strengthen As Traders Bet on Fed
Despite much better than expected results from the Industrial Production report the euro continued to lose ground to the dollar
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US Dollar Consolidates as Oil Rebounds
Rising oil prices mixed with fading growth prospects pressed on the US dollar, and led the currency to weaken against all of its major counterparts. In...
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Forex in 60 Seconds - Dollar Ends Its Biggest 2 Day Rally Since 2005, Retail Sales Promises Volatility
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USDJPY Retreats as Dow Tumbles 200 Points
After hitting a 3 month high yesterday, USD/JPY fell as the Dow tumbled more than 200 points.
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British Pound Shrugs Off Weaker Economic Data
The British pound strengthened against the US dollar today despite weaker economic data. UK unemployment rose to the highest in seven months as jobless...
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Canadian, Australian and New Zealand Dollars Rally as Commodity Prices Strengthen
The Canadian, Australian and New Zealand dollars all strengthened against the greenback as oil and gold prices edged higher.
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Euro: 3 Reasons Why a New High Will be Difficult
- How Will US Retail Sales Impact the Dollar? - British Pound Shrugs Off Weaker Economic Data
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