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AUDUSD Boosted By China’s Manufacturing Data
30Surprising the market, Chinese manufacturing activity actually picked up in the month of October. The new report, out today, showed an uptick in the country’s output rate, the first in
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US-China Trade War, Yeah Right!
30We’ve seen this before, and we will likely see this again. Although the official report claiming China as a currency manipulator has been postponed, the looming potential for a trade
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Chinese Consumer Prices Take Top Billing
30As markets begin to look to the weekend, there are several key economic data points scheduled for the Asian session tonight. Although Japanese data does appear on the docket, it
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What’s Next For EURUSD and AUDUSD?
30Given today’s reports on manufacturing in both economies, probably more losses. Both major currencies – somewhat favored by the market until recently – have declined from loftier highs on expectations
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China To The Rescue Again – What Next For EURUSD?
30Here we are again. With global markets in the red and fears of a European financial meltdown, Beijing officials may be coming to the rescue of troubled nations once again.
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Japanese Economic Growth Plunges, Sparks G-7 Intervention Talk
30Failing to even meet market expectations, gross domestic product for the world’s third largest economy declined in the second quarter. According to the Cabinet Office in Tokyo, Japanese growth contracted
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Obama Talks US Economy, FX Markets Listen
30It’s the big day. Tonight on national television, US President Barack Obama will take the stage and once again address the issues of economic growth in the world’s largest economy.
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USDCNY: Will Chinese Data Show Slowdown Risk?
30Market traders won’t only be looking to the US economy and President Obama’s speech today. With plenty of Chinese economic data scheduled as well, there will be a lot of
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Could Bank of Korea Decision Support USDJPY?
30According to second quarter reports released on September 6th, South Korea’s economy rose by a better than expected 0.9%. The advance beats out estimates of a 0.8% advance by the
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Is USDJPY Set For A Temporary Bounce?
30On September 1st, Brazilian central bankers cut the benchmark Selic rate by 50 basis points, lowering the rate to 12%. A surprise to the markets, the decision comes as policymakers
