Forex Market Updates & Commentary
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- Chicago Purchasing Manager 58.4 vs 59.0 Survey and Prior of 60.4
- The Forex Week Ahead for October 31st 2011
- Bobbys Corner-Open Market-October.31.2011
- Canada Showing Good Numbers
- USDJPY breaks above the 78.00 level and scoots higher
- NY Morning Forex for October 31st 2011
- Canada Industrial Product Price, Raw Materials Price Index, Gross Domestic Data Due at 8:30AM
- Eurozone unemployment rate (Sep) 10.2% vs 10.0%.
- Greek retail sales (Aug) -1.5% vs. -4.3% prior.
- UK mortgage approvals (Sep) 51K vs. 50.6K expected.
- Euro tests 38.2% on 15 minute chart
- UBS cuts Euro area 2012 GDP forecsat to 0.2% from 1%, and forecasts a recession in H1 of 2012.
- BOJ’s Shirakawa says he hopes JPY sale will help stabilize FX markets, adding that the strong JPY is spillover from EU fiscal woes.
- German retail sales (Sep) 0.4% vs. 1.0% expected.
- Kiwi finding support at .80761
