Forex News
Norway: Weak retail sales – all about the weather or…?
* Retail sales only marginally up in August after a weak July * We believe very nice weather in August may have had an effect
Morning FX Market Commentary
Italian government crisis puts euro under downward pressure On Friday, EUR/USD gained some ground as dovish Fed talk and fears about a government shutdown dominated trading.
US Personal Spending and Incomes Rise in August
* Personal consumer expenditure rose 0.3% in August 2013 to meet market expectations and build on the upwardly revised 0.2% increase recorded in July (initially reported as 0.1%).
Morning FX Market Commentary
Carney’s comments on QE push sterling higher Yesterday’s session was again rather uneventful. EUR/USD reversed its gains eked out on Wednesday.
Risk of US government shutdown should not be ignored
The coming days promise yet another fiscal cliff-hanger, with a risk of a government shutdown early next week. Although this is not our baseline scenario,
Swedish trade balance: Exports remain weak
The trend in exports of goods is still sluggish and weaker than we had expected. Exports recovered somewhat during the spring but have leveled out again in recent months,
Morning FX Market Commentary
Dollar under pressures as fiscal issues got center-stage Fears about a US government shutdown and/or technical default as the debt ceiling is almost reached put the dollar on the defensive.
Morning FX Market Commentary
Euro hit by mild profit taking The inability to eke out more gains following the post-FOMC bounce gave way to mild profit taking yesterday.
Morning FX Market Commentary
Euro hit by mild profit taking The inability to eke out more gains following the post-FOMC bounce gave way to mild profit taking yesterday.
USD/CHF Technical Analysis
(0,9128) The USD/CHF confirmed a weak weekly closing but only a weekly closing below 0,9020 will support lower level. The daily one was also negative.
Morning FX Market Commentary
Euro holding strong, but no clear trend EUR/USD held close to the post-Fed top. The news flow was mixed and the pair showed no clear directional trend.
Sweden: July industrial production revised upwards
In an extra press release, Statistics Sweden announced that figures for manufacturing production have been revised.