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  • USDCAD: Is Canada Where It’s At?

    November 17, 2011 - no Comments

    30It seems that foreign investors are growing weary of the European financial crisis, and taking responsibility into their own hands.  That’s why, according to a recent report, global financial investors

  • Spanish Bonds Flop, EURUSD Gains Minimized

    November 17, 2011 - no Comments

    30Euro gains are being constrained following the results of the highly anticipated Spanish bond auction this morning.  Market traders turned to today’s auction in gauging further demand for European assets

  • What’s Happening With Currencies – November 17, 2011

    November 17, 2011 - no Comments

    30Currency markets are a bit mixed on the day, with the Euro and British pound gaining some ground back from the greenback.  Meanwhile, the rest of the board remains lower

  • Labor Department Shows Improving US Unemployment

    November 17, 2011 - no Comments

    30US Labor Department figures showed an improvement in the weekly unemployment picture, as first time unemployment claims dropped more anticipated.  For the week ending November 12th, US Labor Department figures

  • UK Retail Sales Surprise to the Upside

    November 17, 2011 - no Comments

    30Bouncing off of support at 1.5700, the British pound got a lift on the day following better than expected retail sales figures.  According to the Office for National Statistics, retail

  • UK Consumer Sentiment Hits Record Low

    November 17, 2011 - no Comments

    30Sterling fell through psychological support at 1.5700 following the release of the Nationwide consumer confidence survey during the Asian session.  For the month of October, confidence dropped for a 5th consecutive month, marking a