Stocks and Dollars

The Support in the broad 1.4450-00 region held very well during the day and Cable has bounced back from 1.4444. As mentioned earlier. we expect this 1.4450-00 Support region to continue to hold and might see a rise towards 1.4550-4600 once again in the coming sessions. On the downside a

The euro gained ground on Monday, rising against the dollar and the yen, with equity futures trading in positive territory and oil prices on the rebound. Trading is exceptionally thin, with markets in the U.S. and U.K. closed for holidays. The ICE Dollar Index, which tracks the greenback against a

The euro gained ground on Monday, rising against the dollar and the yen, with equity futures trading in positive territory and oil prices on the rebound. Trading is exceptionally thin, with markets in the U.S. and U.K. closed for holidays. The ICE Dollar Index, which tracks the greenback against a

Canadian real GDP grew by a stunning 6.1% (annualized) in Q1/2010, slightly above the market consensus expectation of 5.8%. This is the strongest quarterly gain in over a decade. A robust monthly gain of 0.6% in March provides a strong hand-off into Q2. The strength was broad-based with domestic demand

Canadian real GDP grew by a stunning 6.1% (annualized) in Q1/2010, slightly above the market consensus expectation of 5.8%. This is the strongest quarterly gain in over a decade. A robust monthly gain of 0.6% in March provides a strong hand-off into Q2. The strength was broad-based with domestic demand

The Canadian economy has maintained strong growth going into 2010 rising an annualized 6.1% in the first quarter after a 4.9% gain in the final quarter of 2009. The increase was modestly stronger than the 5.9% gain expected going into the report. The fourth-quarter growth rate represented a slight downward

The Canadian economy has maintained strong growth going into 2010 rising an annualized 6.1% in the first quarter after a 4.9% gain in the final quarter of 2009. The increase was modestly stronger than the 5.9% gain expected going into the report. The fourth-quarter growth rate represented a slight downward

To comprehend the importance of Japanese Yen within the world of global finance, one needs to understand the Bank of Japan’s (BOJ) stance on rates. The stance is uncomplicated: keep rates low, and avoid overtly hawkish statements. Such statements from the BOJ would frighten investors and traders across the globe,