Posts Tagged ‘amp’
Yen Falls as Risk Aversion Eases
August 28th, 2010 | 
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The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P
Posted in Forex Trading | 
Tags: amp, appetite, Chairman Ben Bernanke, commodity, currencies, dollar, Fed, Federal, federal reserve, federal reserve chairman, federal reserve chairman ben bernanke, Friday, GDP, gdp growth, growth, measures, q2, Reserve, risk, risk appetite, stimulus, US, yen | 
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USD/CAD Rises as Canadian Inflation Eases
The dollar rose for a second day on Friday. The strengthening dollar is essentially a monetary-policy tightening, increasing the risk of a double-dip US recession and deflationary pressures. The S&P 500 fell 3.94 to 1,071.69, registering a second straight weekly fall. The USD/JPY gained modestly today but edged down for
Posted in Forex Trading |
Tags: amp, day, deflationary pressures, dollar, double dip, fall, Friday, JPY, monetary policy, recession, risk, tightening, today, US, USD, USD-JPY |
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Dollar Index Surges, Reversing Downtrend
The dollar rose against most of its rivals on Friday. US July retail sales increased in line with forecast; July inflation was tame; and August consumer sentiment rebounded from an 8-month low. The S&P 500 declined 4.36 to 1,079.25, pressured by disappointing sales reports from US retailers in July. The
Dollar Falls on Employment Data
The dollar fell versus its counterparts except the Canadian dollar on Friday after a Labor Department report showed July US nonfarm payrolls dropped more than expected. US interest rates declined and the S&P 500 slipped 4.17 to 1,121.64. The yen advanced as US 2-year note yields fell below 0.50% for
Posted in Forex Trading |
Tags: amp, canadian dollar, counterparts, Department, dollar, Friday, interest, interest rates, July, labor, labor department, Nonfarm, nonfarm payrolls, note, report, US, year, yen |
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Collapse into the Close
We have fiddled around in recent days with key inflection points in risk, including the 200-day moving average in the US S&P500 and the Ichimoku cloud level in USDJPY, not to mention the 200-day moving average in risk trades like USDCAD, but today seemed to offer a rather definitive statement
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Tags: amp, average, cloud, cloud level, day, definitive statement, Ichimoku, ichimoku cloud, inflection, inflection points, level, moving average, p500, risk, risk trades, statement, today, US, USDCAD, USDJPY |
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EUR/USD Trying to Find Bottom
The dollar rose on Friday, supported by a Spanish credit-rating downgrade and increasing tensions on the Korean peninsula. US stocks, commodities and interest rates fell. Mixed US economic data added to the anxiety about the pace of the economic recovery. The S&P 500 fell 13.65 to 1,089.41 ahead of the
Posted in Forex Trading |
Tags: amp, anxiety, commodities, credit rating, dollar, downgrade, economic data, economic recovery, Friday, interest, interest rates, korean peninsula, pace, Peninsula, recovery, spanish credit, stocks, tensions, US |
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