Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
View RSS Feed

News in 60 Seconds

News in 60 Seconds: Yen crosses take off as stocks rally!

Rating: 1 votes, 5.00 average.
by , 04-29-2010 at 10:07 AM (1352 Views)
Biggest % gainers: CAD/JPY up 0.70% (go CAD/JPY!)...AUD/JPY, NZD/JPY on JPY weakness.

Biggest % losers: USD/CAD down 0.62%, EUR/CAD on CAD strength. (exotics: USD/ZAR and USD/TRY also among the biggest intraday losers).

Euro Sales Accelerate as UBS Sees $1.20, Morgan Stanley Ponders `Breakup'. Investors are abandoning the euro at a rate not seen since the collapse of Lehman Brothers Holdings Inc. as Europe’s worsening fiscal crisis threatens to splinter the 16-nation currency union.

GBP Nationwide Home Price Index (HPI) m/m better than expected at 1.0% vs. 0.4% expected. Last time revised higher to 1.0% vs. 0.7% formerly.

USD Unemployment Claims basically in line at 448k vs. 442k expected and 459k last time.

CAD BOC Gov. Carney speaks at 10:30am EST today (testifying before their Senate committee).

Oil $84.62
Gold $1,166

Chicago Fed Index shows the U.S. economy in slow recovery mode.

Fitch says Ireland rating remains on stable outlook.

Pound Advances as Concern Over Minority Parliament, Ratings Threat Fade. The British pound rose against the dollar on growing confidence that the nation will be able to rein in its budget deficit even if voters fail to elect a government with a majority in Parliament next week.

Sean Hyman
DailyFX Forum Moderator

Comments

  <   May 2013    
Su Mo Tu We Th Fr Sa
21 22 23 24 25 26 27
28 29 30 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.