DailyFX Forex Radio - US and Canadian Inflation
US Dollar trading has been flat today, with little event risk. Tomorrow, the main focus will be on Ben Bernake who will be speaking about inflation. The market is looking to see how Fed Chairmain comments on both core and headline inflation. Tomorrow the Bank of Canada is also releasing their interest rate announcement.
DailyFX Forex […]
DailyFX Forex Radio - Non-Farm Payrolls
The USD finished lower despite a better than expected NFP which showed payrolls gaining 137,000 jobs, and an upward revision in the previous month from157,000 jobs to 190k. Rather than pushing the dollar higher, longer term traders took the opportunity to sell the dollar against major counterparts.
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DailyFX Forex Radio - US Session Wrap-Up
Dollar rallies against most major counterparts in the late morning and ADP predicts NFP at 175k. Bond price gains have also reversed with the US 10 year treasury note finishing at almost 5.13%, which is an incredible improvement over 2 days ago when it traded as low as 4.99%
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DailyFX Forex Radio - USD Finishes Higher
US dollar finishes higher for the first time in five trading sessions despite home sales hitting lowest in five years.
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DailyFX Forex Radio - Down Day for the Dollar
Weekly forex market wrap up with DailyFX currency analysts. The US Dollar and US Bond market have both had down days. Listen to potential reasons why this has happened
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