Currencies Chopping Around and Trade Mixed on Quarter End Volatility
Wednesday, March 31st, 2010 Posted in Market Comments | Comments OffNot much less to be expected in the final session of trade for the month and quarter, with the currency markets all over the place and offering no clear directional bias.
NFP’s and Thin Markets May Lead to Whipsaw Action
Wednesday, March 31st, 2010 Posted in Market Comments | Comments OffGerman Unemployment Falls As E.Z. Inflation Expectations Rise, Putting ECB on Alert
Wednesday, March 31st, 2010 Posted in Market Comments | Comments OffThe German unemployment rate unexpectedly fell from a revised 8.1% to 8.0% against expectations for a rise to 8.2%. The number of out of work Germans dropped by 31,000, marking the ninth straight month that the economy didn’t add to ...
EUR/USD: Trading the ISM Manufactuing Report
Wednesday, March 31st, 2010 Posted in Market Comments | Comments OffManufacturing in the U.S. is expected to expand at a faster pace in March as market participants forecast the ISM index to increase to 57.0 from 56.5 in the previous month, and the data is likely to encourage an improved ...