Day: April 15, 2009

April 15
2009

Currency Options Show Strongest Sentiment for GBP in 4 Years

Great Britain pound traders’ optimism, suggested by the currency options market, indicate that a strong bullish sentiment against the euro is currently active on the Forex market. For a period of more than 3 years, the euro remained in advantage against the pound in the currency options market. This tendency has been reversed, as traders are now paying 0.25 percentage-point for one-week call options […]

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April 15
2009

U.S. Economy Reports Push Down the Australian and NZ Dollar

The Aussie and the kiwi lost ground against major currencies as producer prices and retail sales fell in the United States, changing the speculations about the global crisis that «the worst is behind us». The world’s largest semiconductor company, Intel, reported less significant earnings in their first quarter results as the S&P 500 Index fell by 0.7%. These results destroyed the rumors […]

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April 15
2009

EUR/USD Falls for 2nd Day as News Extend Recession Expectations

EUR/USD continued to trade in the negative zone today before and after the major fundamental reports in U.S. All reports showed either recession-signaling factors for the U.S. and the world’s economy or the purely U.S. dollar friendly values. EUR/USD is now trading near 1.3186. CPI (Consumer Price Index) fell by 0.1% in March after rising by 0.4% in February. It was expected to go up by 0.1% in March. Empire […]

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