Monthly archive December, 2012

Talking Points Euro: Spain Bond Auction Disappoints, ECB Rate Decision In Focus British Pound: U.K. Cuts Growth Forecast Ahead Of BoE Rate Decision U.S. Dollar: ADP Misses Forecast, Service-Based Activity To Slow Euro: Spain Bond Auction Disappoints, ECB Rate Decision In Focus The EURUSD slipped Read More →

Despite the failure to reach a final agreement on a joint banking supervisor in yesterday’s meeting of European finance ministers, the Euro still climbed higher in yesterday’s session and rose above 1.3100 in the first part of today’s trading. Risk Read More →

The Euro may pull back as soft PMI data boosts ECB rate cut bets while the Pound may decline as Chancellor Osborne cuts the growth and budget outlook. Talking Points Euro May Pull Back as Soft PMI Data Boosts Dovish ECB Expectations Pound Read More →

Commodities are aiming higher amid a broad-based advance in risk appetite but a disappointing set of US economic data releases may undermine sentiment. Talking Points Commodities May Extend Gains as S&P 500 Futures Point to Risk-On Mood US ADP, Services ISM Reports May Read More →

Forex: Dollar Suffers Biggest Hit in 12 Weeks, EUR/USD Clears 1.3050 Euro Climb Against Dollar, Swiss Franc Speaks to Serious Strength Australian Dollar: Is an RBA Rate Cut Reason for AUD/USD to Overtake 1.05? British Pound Buoyant Ahead of Osborne’s Autumn Statement Canadian Dollar Read More →