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Forex Fundamental Trends Monitor 07.26.2010
Euro remains supported by short-covering while the Pound continues to track the outlook for interest rates. The Yen is tracking US yields and the commodity bloc is still anchored to stock markets and the earnings calendar. commodity future forex 29 Jul 2010
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Miner and energy producer Sherritt International Corp (S.TO: Quote ) reported a higher quarterly operating profit on Wednesday on stronger commodity prices, but its shares fell 3.8 percent as earnings missed expectations. commodity future forex 29 Jul 2010
Crude Oil Takes a Breath, Gold Probing Recent Lows
Crude oil is slightly lower ahead of tomorrow's U.S. Consumer Confidence figures. The bias remains higher, but a bit of consolidation is possible before prices attempt to breach the psychological $80 level. commodity future forex 29 Jul 2010
Your Source for Daily FOREX Market News and Analysis
U.S. sentiment, demand and growth figures have the potential to initiate a new paradigm for the greenback if they point toward slower growth. commodity future forex 29 Jul 2010
Your Source for Daily FOREX Market News and Analysis
As price growth in Australia is expected to exceed the central banks 2% target for inflation, the data could lead the AUD/USD to extend the rally from the previous week as investors increase speculation for a rate hike in August. commodity future forex 29 Jul 2010
Siliconware Precision Industries Reports a 4.5% Quarter-over-Quarter Growth in Revenues Resulting in Earnings per ...
Siliconware Precision Industries Co., Ltd. today announced that its consolidated sales revenues for the second quarter of 2010 were NT$ 16,386 million, which represented a 4.5% growth in revenues compared to the first quarter of 2010 and a 11.6% increase in revenues compared to the second quarter of 2009. commodity future forex 29 Jul 2010
Your Source for Daily FOREX Market News and Analysis
The Euro may advance as Germanys Unemployment rate drops to 7.6 percent, matching a nearly two-decade low and boosting hopes that the Euro Zones largest economy can keep the region-wide recovery on pace. commodity future forex 29 Jul 2010
Opening Comment 07.29
Wednesdays trading session was rather disappointing with the major currencies mostly confined to some consolidation. commodity future forex 29 Jul 2010
