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The Chinese manufacturing purchasing managers' index, or PMI, rose to a six-month high in June after a weak start to the year, the results of a survey by the China Federation Of Logistics And Purchasing and the National Bureau of Statistics showed Tuesday...
Currency
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Sergey Golubev, 1 July 2014, 07:39 #China
What risk setting do you use? Do you use your stop distance to determine risk, or do you use risk to determine your stop distance? I use both, and actually don't use a stop most of the time...
Currency
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AnotherBrian, 30 June 2014, 21:54 #trading system
The Dallas Fed's latest manufacturing outlook survey is out, and the numbers look good. The headline index jumped to 11.4 in June from 8.0 in May. Economists were looking for a reading of 8.5...
Currency
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Sergey Golubev, 30 June 2014, 17:33
Just posted official preliminary data on Monday. Consumer price inflation in the euro zone held steady in June, paying attention to concerns over the threat of deflation in the region. Euro zone inflation holds steady at 0.5% in June...
Currency
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Anton Esin, 30 June 2014, 11:28 #inflation, forex news
New home sales in Australia declined for the first time in five months in May, results of a survey by the Housing Industry Association showed Monday. Sales fell 4.3 percent on month in May, marking the first decline since the beginning of the year. Detached house sales decreased 2...
Currency
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Sergey Golubev, 30 June 2014, 08:10
Business confidence in New Zealand declined sharply in June, the latest survey from ANZ revealed on Monday - falling from 53.5 in May to 42.8 in June. Analysts suggest that the Reserve Bank of New Zealand's actions to raise interest rates are primarily responsible for the decline...
Currency
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Sergey Golubev, 30 June 2014, 07:42 #nzdusd
Industrial production for May in Japan rose 0.5%. USD/JPY traded at 101.39, down 0.03%. The dollar weakened across the board after the Commerce Department said Wednesday that U.S. gross domestic product contracted at an annual rate of 2.9% in the first three months of the year. U.S...
Currency
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Anton Esin, 30 June 2014, 07:30 #forex news
The USD/CAD pair fell during the course of the week, and in fact close that the very bottom of the range. This of course is a very negative sign, and with that it appears this market is really struggling to find buyers...
Currency
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Sergey Golubev, 29 June 2014, 19:01 #usd/cad
The Japanese economy released another set of data this week and confirmed what Bank of Japan Governor Haruhiko Kuroda was talking about when he mentioned that the sales tax increase from 5% to 8% earlier this year is causing economic fluctuations...
Currency
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Sergey Golubev, 29 June 2014, 12:00 #inflation
The average of household spending in Japan was down 8.0 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday - standing at 271,411 yen. That was well shy of forecasts for a decline of 2.1 percent on year following the 4.6 percent contraction in April...
Currency
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Sergey Golubev, 27 June 2014, 12:00
The latest U.S. consumer spending data released on Thursday fell short of expectations. The revision prompted some analysts to cut their forecasts for U.S. growth, and reinforced a view that the U.S. Federal Reserve should be in no hurry to tighten policy...
Currency
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Anton Esin, 27 June 2014, 10:24 #forex news
Figures from China's National Bureau of Statistics showed on Friday industrial profits rose in May, although at a slower rate than in the previous month. The growth in industrial profits slowed to 8.9 percent on year in May after profits surged 9.6 percent in April...
Currency
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Sergey Golubev, 27 June 2014, 09:26
The dollar was lower against the euro and the yen on Thursday, after U.S. first quarter growth was revised down sharply. EUR/USD was at 1.3638, not far from the more than two-week high of 1.3650 reached on Wednesday. The pair was likely to find support at 1.3600 and resistance at 1.3670...
Currency
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Anton Esin, 26 June 2014, 14:47 #forex news
China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation...
Currency
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Sergey Golubev, 26 June 2014, 14:33 #China
On Wednesday the dollar is steady against euro and yen, the main currencies are traded in recent ranges in muted auction. The pair Euro/Dollar is trading at 1.3611, is located in the month's range of 1.3503-1.3678. The pair was likely to find support at 1.3573 and resistance at 1.3642...
Currency
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Anton Esin, 25 June 2014, 12:44 #forex news