Forex market analysis

Sep 11th, 2009: Daily Market Review

Sunday, 13 September 2009 08:51

Market Movers of the Day

Asia-Pacific
Australian Employment change at -27.1k worse than expected
Japanese GDP for Q2 at 2.3% annualized which is significantly worse than expected

Europe
In the UK BOE key rate left unchanged at 0.5% and QE program at £175Bn

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US stock markets ended on the positive side, Daily market review

Thursday, 10 September 2009 07:36

Asia - Pacific

*Australian Retail Sales dropped 1.0% in July
*Australian Home Loan Approvals fell 2.0% in July
*Australian Consumer Confidence gained 5.2% (Sep)
*Japan’s Leading Economic Index climbed to 83.0 in July
*New Zealand’s central bank left its benchmark interest rate unchanged at 2.5%
*New Zealand’s Terms of Trade Index dropped 9.0% (2Q)

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The Forex market Goes Nuts, Pairs Present Phenomenal Rallies

Wednesday, 09 September 2009 11:46

Daily Market Review Sep 9, 2009

This time it started on the Forex market, as Dollar counterparts climbed higher throughout the session. Already during Asian hours investors were showing their confidence in the current recovery driving the indices and currency pairs higher. Throughout the session the Dollar index dropped dramatically from its recent support level, coming down to 77.1 points.

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