Jun 14, 2011

Forex Crunch GBP/USD Rally Stops on Weaker Inflation

Forex Crunch GBP/USD Rally Stops on Weaker Inflation

GBP/USD Rally Stops on Weaker Inflation

Posted: 14 Jun 2011 01:38 AM PDT

GBP/USD is halting after some inflation figures for May fell short of early expectations. Headline CPI printed an annual rise of 4.5%, exactly as expected, but Core CPI and the Retail Price Index fell short of expectations. Annual CPI printed 4.5% for a second month in a row. This comes despite a drop in commodity

EUR/USD June 14 – Will the Breakout Hold?

Posted: 14 Jun 2011 12:27 AM PDT

Euro dollar is breaking above resistance on new hope that an emergency meeting of European finance ministers could provide some kind of relief for Greece. Also the Chinese strengths helps. Will this last? We have major US figures later on. Here's a quick update on technicals, fundamentals and what's going on in the markets. EUR/USD

Forex Daily Outlook – June 14 2011

Posted: 13 Jun 2011 02:00 PM PDT

US retail sales, US PPI and Japan’s rate decision are the main events on this busy day. Let’s see what awaits us now. In the US, Retail Sales measuring the value of manufacturer’s sales indicator of consumer spending increased in April by 0.5% in line with expectations but 0.4% behind the previous month. While Core

Buying the Chinese Yuan? Be Careful

Posted: 13 Jun 2011 10:42 AM PDT

In China, for the month of May, money growth reached a 30-month low. Loan creation slowed, and the M2 money supply expanded at its slowest rate, according to Reuters. The People’s Bank of China has been actively working to slow the expansion in the money supply. Quantifying the total amount of “money” in an economy
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