Wednesday, May 23, 2012
Home » XAU You are browsing entries tagged with “XAU”

Daily Outlook – US Data Improving, Markets Range Bound

U.S. Dollar Trading (USD) with end of year trading leading to lower volumes the market stayed within defined ranges. Weekly Jobless Claims were strong at 420k vs. 421k previously and November House Starts jumped to 555k vs. 534k previously.  In US stocks, DJIA +41 points closing at 11499, S&P +7 points closing at 1242 and [...]

December 16 2010 | Posted in Forex | Read More »

Daily Outlook – Dollar Strong, Euro Hurt on Spanish Concern

U.S. Dollar Trading (USD) stocks fell slightly on Eurozone concerns with Spain warned by Moody’s it may lower the countries rating. November CPI was slightly less than expected at 0.1% vs. 0.2% forecast. November Industrial Output at 0.4% vs. 0.3% forecast. In US stocks, DJIA -19 points closing at 11457, S&P -6 points closing at [...]

December 15 2010 | Posted in Forex | Read More »

Daily Outlook – Stock markets Around the World Extending Gains

U.S. Dollar Trading (USD) was on the back foot in the risk on environment with the market selling before the FOMC statement but buying back after. Strong November Retail Sales at 0.8% vs. 0.6% helped to push US stocks to fresh year highs. In US stocks, DJIA +47 points closing at 11476, S&P +1 points [...]

December 14 2010 | Posted in Forex | Read More »

Daily Outlook – Strong US data Helping Stocks and USD

U.S. Dollar Trading (USD) in a break from the normal relationship stronger Stocks in the US failed to hurt the USD which managed small gains against most pairs. The rally in stocks was attributed to the improvement in Novembers Trade balance to 38.7b vs. 44bn previously and a jump in Consumer sentiment to 74.2 vs. [...]

December 12 2010 | Posted in Forex | Read More »

EU Morning Report – U.S fundamental data continues to surprise!

U.S fundamental data continues to surprise! The Dollar Traded in a 160 pip range yesterday with little movement seen in the markets overnight the Dollar finished roughly where it began against most pairs. Weekly Jobless Claims were strong at 421k vs. 435k forecast. In US stocks the DJIA traded -2 points lower closing at 11370 [...]

December 10 2010 | Posted in Forex | Read More »