EUR/USD: Trading the Advanced U.S. 2Q GDP Report

  • Written by admin
  • Posted July 30, 2010 at 3:24 am

As the world’s largest economy is expected to expand at a slower pace in the second-quarter of 2010, the advanced GDP report could spur further weakness in the U.S. dollar and lead the central bank to hold a loose policy stance throughout the second-half of the year as the outlook for future growth falters.

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Filed under: Market News

Dollar lower as carry trade returns

  • Written by admin
  • Posted July 29, 2010 at 10:24 pm

The Federal Reserve’s cautious outlook for the world’s biggest economy sends the dollar to a three-month low on a trade-weighted basis, as further fragile data adds to concern

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Filed under: Daily FX

Aussie falls on surprise inflation news

  • Written by admin
  • Posted at 10:24 am

Price rises fell within the Reserve Bank of Australia’s target range of 2-3 per cent for first time in three years, making rate rise unlikely, analysts say

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Filed under: Daily FX
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