Forex Market Updates & Commentary
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- AUDUSD tests 100 day MA at the 1.0645 level
- Consumer Confidence at 44.5. Way weaker than expected
- EURUSD consolidating in early NY trading
- S&P Case Shiller 20 composite index comes in -4.52%
- USDCHF comes off highs. Momentum fades above 0.8210 again. Levels eyed.
- Canada Account 2nd highest on record. Industrial Product Price as expected. Raw Material Price down a larger -1.2%
- The NY Morning Forex Commentary is available for viewing
- Feds Evan is worried about the pace of recovery
- Feds Evans to speak on CNBC in 5 minutes
- Fitch says French deficit plan should support their AAA rating
- Cable testing support @ 61.8% hourly
- German chancellor Merkel says she is confident that the ECB will keep inflation in check.
- EU’s Barroso on the Wires
- European August Economic Confidence Falls to 98.3, Survey 100.2
- UK Consumer Credit & Lending Lower, Mortgage Aprovals Slightly Rise