The dollar traded mostly higher on Wednesday after Moody’s Investors Service Inc. said it may downgrade Spain’s Aaa credit rating. US economic data were mixed. ADP estimated US nonfarm private employment increased 13K in June, well below the consensus expected 60K, while the Chicago PMI showed US business activity expanded
Will USD/JPY Support Hold?
June - 30 - 2010
Will USD/JPY Support Hold?
June - 30 - 2010
The dollar traded mostly higher on Wednesday after Moody’s Investors Service Inc. said it may downgrade Spain’s Aaa credit rating. US economic data were mixed. ADP estimated US nonfarm private employment increased 13K in June, well below the consensus expected 60K, while the Chicago PMI showed US business activity expanded
New York Session Recap
June - 30 - 2010
Risk aversion remained the dominant theme in the NY session. ADP June Employment Change started off by printing a disappointing +13k increase against expectations of a +60k increase. Next up on the data slate was Chicago PMI, which came out in line with expectations at 59.1. As the day wore
New York Session Recap
June - 30 - 2010
Risk aversion remained the dominant theme in the NY session. ADP June Employment Change started off by printing a disappointing +13k increase against expectations of a +60k increase. Next up on the data slate was Chicago PMI, which came out in line with expectations at 59.1. As the day wore
Foreign Exchange Market Commentary
June - 30 - 2010
EUR/USD closed higher due to short covering on Wednesday as it consolidates some of Tuesday’s decline. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are turning bearish signalling that sideways to lower prices are possible near-term. If it renews this month rally,
Foreign Exchange Market Commentary
June - 30 - 2010
EUR/USD closed higher due to short covering on Wednesday as it consolidates some of Tuesday’s decline. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are turning bearish signalling that sideways to lower prices are possible near-term. If it renews this month rally,
Web Extra – Pops & Drops: Autozone, Walgreen… (at CNBC)
June - 30 - 2010
The biggest winners and losers of the first half are recapped here. Find out why shares of Akamai Technologies popped while Banco Santander dropped in this exclusive Web content.
Web Extra – Pops & Drops: Autozone, Walgreen… (at CNBC)
June - 30 - 2010
The biggest winners and losers of the first half are recapped here. Find out why shares of Akamai Technologies popped while Banco Santander dropped in this exclusive Web content.