Financial Markets - Currencies
EUROPEFinancial Markets - Currencies
Santelli's Morning Bond Update
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar. Read More | View Original Article
CEP Acquisitions Continue – Software AG Purchases Apama From Progress
Multinational enterprise solutions group Software AG has today confirmed its acquisition of Apama CEP, representing the second acquisition of a CEP platform this week by a large software house.Read more … [visit site to read more] Read More | View Original Article
Another cavernous decline in the Nikkei caused the USDJPY to plummet all the way below the 94.00 level in today’s Asian session, and the pair may now sell off further following the US retail sales report. Read More | View Original Article
Australia unexpectedly created more jobs in May
M arket volatility was in full force across Asian markets today, amidst a broader global EM selloff. The downdraft in equity markets was led by the Nikkei (-6.4%), which has now declined by more than 20% since its peak in May, and the Philippines (-6.7%). Meanwhile, the yen has appreciated to 94.2 against the USD, its strongest since the April 4 monetary easing announcement by the BoJ. Read More | View Original Article
USD/JPY Rallies off of Two-Month Low After Retail Sales Beat Modestly
Also, Initial Jobless Claims dropped, giving the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) the fuel it needed to rebound off of its lowest level since the first week of May. Read More | View Original Article
Real Time Social Media Analytics Firm Dataminr Secures $30 Million in Funding
Real time data discovery Dataminr announced yesterday that they raised $30 million in Series C funding. Leading the round were Venrock and late-stage venture fund Institutional Venture Partners who invested $25 million Read More | View Original Article
Back To Life, Back to the New Nor.... Reality?
The hits keep coming....The World Bank cuts global growth forecasts to the "New Normal".....expecting the global economy to grow less than the 2.3% prior estimate. Markets around the globe all in SELL OFF mode last night and today....Japan - plunging...... 6% overnight - bringing it into BEAR MARKET TERRITORY - now down 21.8% from the early May high of 15,992 - but again....can anyone really be surprised as the market e-prices risk in the current environment? Read More | View Original Article
Risk appetite continues to shrink
Risk appetite continues to shrink as the ongoing nervousness over Fed tapering continues to provoke significant position adjustments across markets. Markets will have to wait for next week’s Fed FOMC meeting to find to find greater clarity over the timing and extent of Fed tapering although there will be some further input to the Fed decision from today’s US May retail sales release. Read More | View Original Article
Crude Oil, Gold Look to US Retail Sales Data for Fed Policy Clues
Crude oil and gold prices are looking to May’s US Retail Sales Report to guide the markets’ expectations of a cutback in the Fed’s QE efforts. Read More | View Original Article
Crude Oil, Gold Look to US Retail Sales Data for Fed Policy Clues
Crude oil and gold prices are looking to May’s US Retail Sales Report to guide the markets’ expectations of a cutback in the Fed’s QE efforts. Read More | View Original Article
Dollar Loses Its Grip On Bias To Buy
Good day. And a Tub Thumpin' Thursday to you! Boy is the wind really kicking up outside this morning! I opened my car door to get out and pump some gas into the gas tank, and the wind blew the door shut on me! Good day to fly a kite I guess. Speaking of gas. I saw a blurb yesterday that mentioned the U.S. had produced a record amount of Oil this past year, and as I pressed the button for the grade gas I wanted, I said to myself. Read More | View Original Article
Price & Time: Looking for a USD/JPY Low
Instruments covered today: USD/JPY, USD/CAD. GBP/USD & SPX Read More | View Original Article
Dollar rebounds vs yen after sharp fall
Better UK jobs data pushes pound higher Australian rebounds from near three-year lows vs USD USD – The US dollar fell against the yen and euro after erasing gains before U.S. economic data that may provide more direction about when the Federal Reserve will begin to taper its monetary stimulus. The greenback recovered lost ground versus the Japanese currency after a sharp selloff the previous day as investors sought to buy at cheaper levels while remaining focused on central bank stimulus. Read More | View Original Article
EUR/USD Rejected at $1.3400; USD/JPY Falls Continues, Touches Sub-¥94.00
More of the same in FX – that is, excessive volatility and whipsaw price action. Read More | View Original Article
Nikkei Firmly Back in Bear Territory
Uncertainty over central banks rolling back stimulus saw the dollar/yen drop below the key 95-handle, reports CNBC's Chloe Cho. Read More | View Original Article
Turkish unrest takes its toll on markets
After a period of optimism in Turkey on sovereign bond ratings upgrades as recently as mid-May and investor enthusiasm seeing a surging stock market, Turkey has been wracked with turmoil and market volatility. Read More | View Original Article
EUR/USD:Trading the University of Michigan Consumer Sentiment
The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. Consumer confidence leads to more spending, which is an critical component in economic growth. Indicator Background The University of Michigan Consumer Sentiment Index, which is released monthly, is an important leading economic indicator. It helps measure future spending behavior, and provides an indication of consumer confidence in the economy. Read More | View Original Article
Technocash Closing Under Liberty Reserve Damage
Falling under pressure from investigations related to Liberty Reserve, payment provider Technocash is shutting down. They stated local banks placing restrictions on the company as leading to the decision.Read more … [visit site to read more] Read More | View Original Article
