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USD/JPY – Yen Improves Despite Strong US Data

October 19, 2017 Kenny Fisher 0

The Japanese yen has gained ground on Thursday, erasing most of the losses which marked the Wednesday session. In the North American session, USD/JPY is trading at 112.41, down 0.45% on the day. In economic news, unemployment claims plunged to 222 thousand, well below the estimate of 240 thousand. There was more good news, as the […]

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GBP/USD – Pound Ticks Lower on Mixed UK Job Numbers

October 18, 2017 Kenny Fisher 0

The British pound is showing losses for a third straight day. In Wednesday’s North American session, GBP/USD is trading at 1.3174, down 0.11% on the day. On the release front, British employment numbers were mixed. Wage growth improved to 2.2%, above the forecast of 2.1%. However, unemployment claims increased by 1.7 thousand, above the estimate of […]

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EUR/USD – Euro Edges Lower, Markets Eye US Housing Data

October 18, 2017 Kenny Fisher 0

The euro continues to have an uneventful week. In the Wednesday session, EUR/USD is trading at 1.1743, down 0.20% on the day. On the release front, there are no major indicators out of the eurozone. Earlier in the day, ECB President Mario Draghi spoke at an ECB conference in Frankfurt. Draghi discussed structural reforms in the […]

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Gold Slide Continues as Trump favors Hawkish Taylor for Fed Chair

October 17, 2017 Kenny Fisher 0

Gold is down considerably in Tuesday trade. In the North American session, the spot price for an ounce of gold is $1284.70, down 0.80% on the day. On the release front, there are no major releases out of the US for a second straight day. Import Prices gained 0.7%, beating the forecast of 0.6%.On Wednesday, the […]

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USD/JPY – Japanese Yen Inches Lower as Investors Look for Cues

October 17, 2017 Kenny Fisher 0

The Japanese yen is steady in the Tuesday session. In the North American session, USD/JPY is trading at 112.36, up 0.16% on the day. On the release front, there are no Japanese events on the schedule. In the US, Import Prices gained 0.7%, above the forecast of 0.6%. On Wednesday, the focus will be on US housing […]

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USD/CAD – Canadian Dollar Edges Lower, Markets Eye Fed Policymakers

October 17, 2017 Kenny Fisher 0

The Canadian dollar has posted slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2544, up 0.20% on the day. On the release front, there are no Canadian releases, and no major US indicators. On Wednesday, the focus will be on US housing data, with the release of Housing Starts and Building Permits. […]

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DAX Hugs 13,000 as Eurozone Inflation Remains Steady

October 17, 2017 Kenny Fisher 0

The DAX is unchanged in the Tuesday session. Currently, the index is at 13,006.75, up 0.02% on the day. On the release front, German ZEW Economic Sentiment came in at 17.6 points, well short of the forecast of 20.1 points. Eurozone Final CPI remained unchanged at 1.5%, matching the forecast. On Wednesday, ECB President Mario Draghi […]

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EUR/USD – Euro Edges Lower as German Economic Sentiment Falls Short

October 17, 2017 Kenny Fisher 0

The euro has posted slight losses in the Tuesday session. Currently, EUR/USD is trading at 1.1762, down 0.28% on the day. On the release front, German ZEW Economic Sentiment came in at 17.6 points, well short of the forecast of 20.1 points. Eurozone Final CPI remained unchanged at 1.5%, matching the forecast. On Wednesday, ECB President Mario […]

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GBP/USD – Pound Edges Higher, Investors Eye US Consumer Inflation, Spending Data

October 13, 2017 Kenny Fisher 0

The British pound has posted small gains in the Friday session. Currently, GBP/USD is trading at 1.3291, up 0.18% on the day. On the release front, there are no major British events on the schedule. In the US, we’ll get a look at CPI and retail sales, as well as UoM Consumer Sentiment. After three losing […]

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USD/JPY – Yen Steady at 112, Markets Eye CPI, Retail Sales

October 13, 2017 Kenny Fisher 0

The Japanese yen has ticked higher in the Friday session. Currently, USD/JPY is trading at 1.1217, down 0.10% on the day. On the release front, there are no Japanese events on the schedule. It’s a busy day in the US, with the release of inflation, retail sales and consumer confidence reports. Is inflation in Japan […]

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