1. Global Manufacturing Supports the Risk Trade But For How Long?
(Matching tags: Forex Fundamentals,Economic reports)

As trading kicked off for the week risk appetite rebounded with EUR/USD and AUD/USD gaining more than 70 points at the start of European trade. Part of the boost came from continued expansionary readings ...

2. U.S. Trade Narrows, CAD Hits 1 Year Low on Employment Numbers
(Matching tags: Economic reports,Currency Forecast,Forex Fundamentals)

The stronger than expected U.S. trade numbers helped to ignite a sharp rally in the U.S. dollar. The trade deficit in August was $30.71B compared to -$31.85B the previous month.   Imports dropped but exports ...

3. The dollar looks in retreat as month-end and Japanese half-year approach
(Matching tags: Economic reports,Forex Fundamentals,FX Trading)

When it comes to consumer confidence, it would appear that the UK is now riding high above the US, a sharp contrast to the actual performance of the respective economies. Yesterday, US consumer confidence ...

4. Asian session opens week with a bang with JPY on wild roller coaster ride. USD pushed back from new highs - correction over?
(Matching tags: Economic reports,Trading,Forex Fundamentals,Currency Forecast,Technical analysis)

JPY roller coaster The Yen started the week with wild gyrations after new Finance Minister Fujii unwisely made very direct remarks about the Yen's strength, suggesting that the moves in the currency thus ...

5. Mixed US data churns the USD picture. JPY crosses under pressure again as end of September approaches.
(Matching tags: European Central Bank,Currency Forecast,Economic reports,FX Trading)

The USD looked a bit shaky again in the European session after a spike high in Asia, but got back on the rally track after a much worse than expected Durable Goods Orders data point (and then weakened ...

6. USD tumbles on equity rally, ECB's Weber shrugging off high Euro. Horrible Canada Retail Sales to give CAD bulls pause?
(Matching tags: Economic reports,Currency Forecast,Forex Fundamentals)

The USD slide continued anew in Asia overnight as a report from the Asian Development Bank suggests that Asia is ready to lead the global recovery in 2010, regardless of relative weakness in the US and ...

7. Will Dollar Weakness Persist?
(Matching tags: US economic data,U.S. dollar,Economic reports,Forex Fundamentals,Currency Forecast)

With global economic recovery seemingly in place and several central banks now focused on possible exit strategies from their unconventional ultra accommodative monetary  policies, the dollar’s fate is ...

8. BOJ Unfazed By Stronger Yen Sees Signs of Improvement
(Matching tags: Forex Fundamentals,Currency Forecast,Economic reports,Analysis, Central Banks)

... economic conditions are showing signs of recovery. Public investment is increasing, and exports and production are also increasing against a backdrop of progress in inventory adjustments both at home and ...

9. USD touches fresh lows with EURUSD mulling 1.4720 resistance and USDCAD nearing lows for the year as well.
(Matching tags: Forex Fundamentals,Technical analysis,Currency Forecast,Economic reports)

... and the export industry that was always the LDP's economic policy mainstay.  ...

10. Grinding Higher
(Matching tags: Economic reports,Market Recap,Market Comment,US equity indexes)

Today was like a déjŕ vu from yesterday. There was plenty of good economic news which pointed to recovery. Helped by the “Cash for Clunker" program, August retail sales rose 2.7%, the highest gain in three ...

11. Risk given a boost by strong US data yesterday – but what about the dollar?
(Matching tags: US economic data,Economic reports,ZEW survey,Forex Fundamentals)

Risk was definitely back on yesterday as US retail sales soared through the roof in August, even if the impact from the “cash-for-clunkers” program was taken out of the equation. Total US retail sales ...

12. Dollar Rises as Consumers Return With a Vengeance
(Matching tags: U.S. dollar,Forex Fundamentals,Currency Forecast,FX Trading,Economic reports)

This morning's economic reports were overwhelmingly positive for the U.S. dollar with fundamentals overshadowing risk appetite. In August, consumers came back with a vengeance as retail sales rose 2.7 ...

13. RBA Remains Cautious - No Rate Hike in Sight
(Matching tags: Currency Forecast,Forex Fundamentals,Economic reports,Reserve Bank of Australia)

Minutes of the latest Reserve Bank of Australia meeting revealed that the central bank remained cautious regarding the prospects of a global economic recovery and was not yet willing to consider the idea ...

14. Elements of Deflation
(Matching tags: Deflation,Economic reports)

Just as water is formed by the basic elements hydrogen and oxygen, deflation has its own fundamental components. Last week we started exploring those elements, and this week we continue. I feel that the ...

15. Another set of weak Australian data forces a re-think of the interest rate outlook
(Matching tags: Economic reports,Euro,Market Comment,Reserve Bank of New Zealand,Bank of England,Saxo Bank)

The bias to sell the dollar was evident for most of yesterday’s session but the greenback was able to recover some lost ground into the close. Nevertheless, EUR was able to print a new 2009 high just above ...

16. Australian Retail Sales Contract - No Hike Til 2010?
(Matching tags: Economic reports,AUD/USD,Australian Retail Sales)

Australian Retail Sales dropped for the second month in a row, contracting by -1.0% in a major surprise to the market which was anticipating a 0.6% gain. The data showed that the biggest drop was in household ...

17. Interesting look at Euro, Yen, Volatility, and S&P 500
(Matching tags: GDP,Euro,Economic reports)

Risk on. Risk off. The markets are moving together. Risk on trades are thought to be short U.S. dollar, yen, and bonds; long equities, commodities, and EM. There is nothing cast in stone about these patterns ...

18. Canadian Dollar: Good But Not Great Data
(Matching tags: Forex Fundamentals,Canadian Employment,Economic reports)

Aside from U.S. data this morning, we also had a few important releases from Canada. Canadian employment printed much stronger than expected earlier in this morning and just a few minutes ago, IVEY PMI ...

19. Non-Farm Payrolls Improves but Unemployment Rate Soars!
(Matching tags: FX Trading,Global Forex Trading (GFT),Non-Farm Payrolls,FX360.com,Economic reports)

As promised, non-farm payrolls triggered a tremendous amount of volatility in the currency market.  The knee jerk sell-off in the dollar was quickly erased, giving us the V shaped price action that is ...

20. ADP and Challenger Fail to Lift Risk Appetite
(Matching tags: Forex Market,FX360.com,Economic reports,Currency Report)

Since job losses hit their peak in January, we have seen a  gradual improvement in the labor market.  However a turn in the labor market from negative to positive job growth is rarely in a straight line. ...