Monthly archive April, 2013

Crude oil and gold prices are trading higher as a better-than-expected UK GDP outcome reinforces a recovery in risk appetite and weighs on the US Dollar. Talking Points Crude oil, Copper Rise as Risk Appetite Firms After UK GDP Report Gold and Silver Read More →

THE TAKEAWAY: UK GDP rises by 0.3% in Q1, more than expected -> BoE’s King sees an economic recovery in the long term -> GBP/USD rises to a two month high The UK has successfully avoided a triple dip recession, as Read More →

The British Pound may fall if first-quarter GDP figures fall short of expectations, boosting expectations for an expansion of BOE monetary stimulus efforts. Talking Points British Pound May Fall on BOE Easing Bets if GDP Data Disappoints Japanese Yen Finds Support Despite Risk-On Read More →

Trading the News: U.K. Gross Domestic Product What’s Expected: Time of release: 04/25/2013 8:30 GMT, 4:30 EDT Primary Pair Impact: GBPUSD Expected: 0.1% Previous: -0.3% DailyFX Forecast: -0.1% to 0.2% Why Is This Event Important: The advance GDP report is expected to show the U.K. expanding 0.1% in Read More →

Dollar Can’t Gain Traction at Multi-Year Highs, Watch USD/JPY British Pound: GBP/USD Breakout Expected on UK GDP Japanese Yen in the Bank of Japan Pull Euro: Building Up Market Speculation Around Rate Expectations Australian Dollar: RBA Announces FX Diversification, Rate Outlook Falling New Zealand Dollar Read More →