- U.S. Retail Sales Unexpectedly Increase in February, Spurring a Rise in USD/JPY Fri, 12 Mar 2010 14:01 GMT
- Overnight Interest Rate Update 03.12.10 Fri, 12 Mar 2010 05:15 GMT
- New Zealand Retailing Outperforms on Fuel, Car Sales Fri, 12 Mar 2010 03:15 GMT
top fx headlines
Article
Previous Articles
Print
- Mar, 12 Candian Unemployment Unexpectedly Falls As Full-time Hires Soar
- Mar, 10 A Drop in German Exports Casts Doubt on Recovery
- Mar, 09 Declining U.K. Exports Threatens Recovery, Keeping BoE on Alert
- Mar, 08 German Industrial Production Disappoints, As Construction Suffers.
- Mar, 05 Rising UK Factory Gate Prices May Force BoE to End QE
- Mar, 04 BoE Remains on Hold, No Statement Leaves Markets Guessing
- Mar, 02 Euro-Zone Inflation Slows Allowing ECB To Remain On Hold
- Mar, 01 Drop in U.K. Mortgage Approvals Raises Outlook For More QE
- Feb, 26 Stronger Than Expected U.K. Growth Creates Difficult Decision For BoE
- Feb, 24 German Growth Flat as Strong Demand From Abroad Offsets Domestic Weakness
- Feb, 23 U.K. Mortgage Approvals Decline, Opening the Door For More QE
- Feb, 19 U.K. Retail Sales Weaken More Than Expected, Euro-Zone Manufacturing Strengtens in February
- Feb, 17 U.K. Jobless Claims At Highest Since April 1997, Euro-Zone Trade Surplus Widens in December
- Feb, 16 U.K. Inflation Rises to 14-Month High, German Investor Confidence Tumbles for 5th Month
- Feb, 12 Euro-Zone GDP Stalls As Industrial Production Falters
- Feb, 11 ECB Raises Forecasts For Growth and Inflation But Deem Rates Appropriate
- Feb, 10 BoE Leaves Door Open For Further QE
- Feb, 09 U.K. Trade Balance Widens As Imports Outpace Exports
- Feb, 08 European Investor Concerns Grow As Budget Troubles Continue
- Feb, 05 Canadian Employment Soars On Service Sector Hiring
The Euro-zone CPI estimate for January rose to 1.0% from 0.9% the month prior . Inflation is expected to rise for a fourth straight month as an improving global economy and rising oil prices continue to put upward pressure on prices. The pace of price growth is slowing which supports the ECB’s argument that risks remain balanced.
Fundamental Headlines
• Bernanke Wins New Term – Wall Street Journal
• Slower Inventory Loss Is GDP's Gain – Wall Street Journal
• Asia hit hardest by global move from risk - Financial Times
• Greek Bond Yields Show Waning Investor Faith EU Nation Will Avoid Bailout – Bloomberg
• Almunia Says EU Has No `Plan B' for Greece, Deficit Won't Lead to Default - Bloomberg
EUR/USD – The Euro-zone CPI estimate for January rose to 1.0% from 0.9% the month prior . Inflation is expected to rise for a fourth straight month as an improving global economy and rising oil prices continue to put upward pressure on prices. The pace of price growth is slowing which supports the ECB’s argument that risks remain balanced. Therefore, expect policy makers to maintain the record low 1.00% interest rate for the foreseeable future. A rise in Euro-zone unemployment to 10.0% from a revised 9.9% is evidence that employers continue to be reluctant to hire as the recovery is expected to be protracted. To discuss this and other topics, please visit the EUR/USD Forum.
USD/CHF – The KOF Swiss leading indicator rose for a ninth straight month to 1.77 from 1.73 the month prior. Despite beating economists expectations of a decline to 1.71, the pace of improvement slowed. Rising global demand fueled the outlook for domestic growth, but with government stimulus efforts coming to an end concerns are rising over its sustainability. The SNB continues to see significant uncertainty over the path of future growth which leaves open the possibility of intervention.
DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.
Resources
