top fx market movers
Article
Previous Articles
Print
- Friday, 16 October 2009 11:51:38 GMT Canada CPI Declines for 4th Month; Swiss Retail Sales Shed 1.0%
- Thursday, 15 October 2009 11:24:45 GMT Euro-Zone CPI Falls 0.3%; Swiss Investor Confidence Jumps to Record High
- Wednesday, 14 October 2009 11:26:50 GMT European Industrial Output Rises, Reinforcing Recovery Signs
- Tuesday, 13 October 2009 11:38:08 GMT German Investor Confidece Unexpectedly Declines
- Friday, 09 October 2009 12:57:26 GMT Canadian Unemployment Unexpectedly Falls to 8.4%
- Thursday, 08 October 2009 12:01:25 GMT ECB Leaves Rates Unchanged Despite Recovery Signs
- Wednesday, 07 October 2009 12:02:35 GMT German Factory Orders Show Continued Strength, EZ GDP Revised Lower
- Tuesday, 06 October 2009 12:25:47 GMT A Sharp Drop In U.K. Manufacturing Activity May Lead To Additional BoE Measures
- Monday, 05 October 2009 12:08:26 GMT Rising European Investopr Confidence Threatened By Declining Domestic Consumption
- Friday, 02 October 2009 11:51:19 GMT Rising Euro-Zone Producer Prices Reinforces ECB's Outlook
- Thursday, 01 October 2009 12:54:11 GMT Weak U.K. Manufacturing and German Retail Sales Cast Doubt On Global Recovery
- Wednesday, 30 September 2009 12:09:54 GMT ECB To Remain On Hold After Mixed Data
- Tuesday, 29 September 2009 12:05:11 GMT U.K. Recession Shallower Than Expected But Tight Credit Threatens Recovery
- Friday, 25 September 2009 12:30:43 GMT Swiss Growth Outlook Dims Despite Improvement From Euro-Zone
- Thursday, 24 September 2009 12:12:39 GMT Equities, Oil Lower Despite Rise in German Business Confidence
- Wednesday, 23 September 2009 12:26:50 GMT Euro-Zone Recovery Signs Continue As Durable Goods Soar
- Tuesday, 22 September 2009 12:07:42 GMT Higher Growth Forecasts In Switzerland and Asia Boost Demand For Risky Assets
- Monday, 21 September 2009 11:53:24 GMT U.K. Home Prices Rise As Demand Fueled By Recovery
- Friday, 18 September 2009 12:16:11 GMT U.K. Public Borrowing Jumps As Tax Receipts Falter
- Thursday, 17 September 2009 12:24:28 GMT Canadian Inflation Misses, SNB Keeps Rates On Hold
The German unemployment rate rose for the first time in almost three years in December as the economy lost 18K jobs in December, which leave the unemployment rate unchanged at 7.6% following a revision for November.
Fundamental Headlines
• Alcoa to Cut 15% of Work Force, Unload Assets – Wall Street Journal
• His Empire in Tatters, German Billionaire Takes Life – Wall Street Journal
• Darling in new alert on depth of recession – Financial Times
• Bank of America Sells China Construction Bank Stock – Bloomberg
• Fed Officials Revive Discussion of Explicit Inflation Target – Bloomberg
EURUSD – The German unemployment rate rose for the first time in almost three years in December as the economy lost 18K jobs in December, which leave the unemployment rate unchanged at 7.6% following a revision for November. The data continues to reflect a dour outlook for Europe’s largest economy as the economic slowdown drags on the labor market. Meanwhile, producer prices in the Euro-Zone fell at a record pace in November as the index dropped 1.9% from the previous month, which lowered the annual rate to 3.3% from 6.3%. The report showed that energy costs fell 5.1% followed by a 1.9% in the previous month, while prices for intermediate goods slipped 1.6%. The sharp decline in the PPI paired with the drop in the December CPI have raised speculation that the European Central Bank will continue their easing cycle as policymakers carry out their one and only mandate to ensure price stability. Discuss the topic and your trade ideas in the EUR/USD Forum.
GBPUSD – The BRC shop price index dropped 2.0% after rising 0.2 in November, which lowered the the annual growth rate to 0.5% - the slowest pace in at least eight month. As the Bank of England expects price growth to fall below their 2% target, the central bank could be forced to lower the benchmark interest to zero as the risks for deflation intensify. Discuss the topic and your trade ideas in the GBP/USD Forum.
Resources
