New Zealand had a merchandise trade deficit of NZ$1.0 billion in October, Statistics New Zealand said on Wednesday. more...
Reflecting a softening in consumers' assessment of current conditions, the Conference Board released a report on Tuesday showing U.S. consumer confidence unexpectedly declined for a fourth consecutive month in November. The Conference Board said its consumer confidence index fell to 125.5 in November from an upwardly revised 126.1 in October. more...
UK mortgage approvals rose to its highest level in two-and-a-half years in July, reports said Tuesday citing data from the lobby group UK Finance. more...
US Dollar Forecast – US Dollar Nears 12 Year Highs But Does It Have Motivation to Break? The US Dollar posted an impressive advance this past week, but it conspicuously fell short of breaking the 12-year high on the Index and clearing key range boundaries with major counterparts. Japanese Yen Forecast – USD/JPY Vulnerable as Yen Leans on ‘Funding-Currency’ Status The long-term outlook for USD/JPY remains bullish amid the deviating paths for monetary policy, but ...
Talking Points EUR/USD trades at a new low for the yearUSD/JPY surges past 112.00USD/CHF OBV at new highs, spot is not Daily Volume Chart: EUR/USD EUR/USD broke below the early October low this week to trade at its lowest level since August of 2012Above average volume over the past couple of days indicates the broader downtrend is ...
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