Australian Dollar May Turn Lower on Jobs Data, China Growth Slump
The Australian Dollar appears vulnerable to renewed weakness as soft jobs data and a slump in Chinese GDP growth stoke RBA interest rate cut speculation.
EUR/USD: critical support at 1.0550
EUR/USD Current price: 1.0601 View Live Chart for the EUR/USD The dollar closed the week with a strong tone against most of its rivals, backed up by the release of…
Forex Weekly Forecast: US Dollar Surges, but for How Much Longer?
The US Dollar surged on a big jump in yields, but appetite for further USD buying is fading given already one-sided positions. Does it have anything left for the coming…
Forex – USD/CAD weekly outlook: April 13 – 17 – Nasdaq
NasdaqForex - USD/CAD weekly outlook: April 13 - 17NasdaqInvesting.com - The Canadian dollar notched up modest gains against the broadly stronger U.S. dollar on Friday, boosted by small gains in…
Any Euro Rally on ECB Economic Optimism to Prove Short-Lived
The ECB can’t risk being too positive about recent economic developments, otherwise it risks upsetting capital markets – mainly bond and equity investors.
Have Short Sellers Given Up On Solar Stocks?
Short sellers shied away again from many of the leading U.S. solar-related stocks between the March 13 and March 31 settlement dates. The most significant downswings in short interest in…
Average US rate on 30-year mortgage falls to 3.66 percent
WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.