Top 10 Weekly Forex Market Headlines – August 7, 2015

1. Greek shares plummeted on opening day after five-week shutdown August 3, Investors issued a vote of no confidence in Greece’s economy on Monday, dumping Greek stocks as trading on the Athens stock exchange resumed for the first time in five weeks. A plunge of more than 16 percent for the main Greek index and […]

U.S. labor market tightening but wages remain stagnant

There is no doubt the labor market is getting tighter. But it has yet to tighten to the point wages start picking up. For the Federal Reserve, that is a problem. Defying expectations that stronger hiring would draw more of the population into the workforce, the unemployment rate…

Daily Forex Market Review 10/10/14 (+50 pips)

Today’s Trade Result: +50 pips Let’s analyze the market and review the events that took place over the weekend during the Asian and the European market hours. We’ll analyze these news as we analyze the news and look into today’s US market session. We’ll focus on relevant news, public comments, and any high impact releases […]

Fed rate hike likely somewhere in middle of 2015: Fed’s Fischer

(Reuters) – The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the U.S. central bank said on Thursday, although both said the exact timing will depend on the economy. “What we think now is that the capital markets have it more or less right but […]

Daily Forex Market Review 10/08/14 (+72 pips)

Today’s Trade Result: +72 pips Let’s analyze the market and review the events that took place over the weekend during the Asian and the European market hours. We’ll analyze these news as we analyze the news and look into today’s US market session. We’ll focus on relevant news, public comments, and any high impact releases […]

Fed must weigh wage pressures, U.S. risks falling behind curve on inflation: Fed’s Fisher

(Reuters) – Richard Fisher, president of the Dallas Federal Reserve Bank, said the United States risks falling behind the curve on inflation as wage pressure starts to bubble in some parts of the country. “I think we could suddenly get a patch of high growth, see some wage price inflation,” Fisher said on the Fox […]

Month In Motion – August 2014

Top 10 Weekly Forex Market Headlines – 08.29.2014

1. German Ifo business confidence hits 13-month low in August August 25, German business sentiment dropped for a fourth straight month in August as concerns about the Ukraine crisis and the impact of sanctions against Russia sweep through corporate boardrooms in Europe’s largest economy. The Munich-based Ifo think tank’s business climate index… 2. Lockhart says […]

Top 10 Weekly Forex Market Headlines – 08.22.2014

1. Israel resumes air strikes after rockets are fired from Gaza August 19, The temporary ceasefire between Israel and Hamas was in jeopardy on Tuesday after rockets were fired from Gaza, triggering a swift military and political response from Israel. The Israel Defence Forces (IDF) said it was targeting “terror sites across the Gaza Strip” […]

U.S. labor market not fully recovered, Fed should move cautiously: Yellen

(Reuters) – U.S. labor markets remain hampered by the effects of the Great Recession and the Federal Reserve should move cautiously in determining when interest rates should rise, Fed Chair Janet Yellen said on Friday in a defense of her policy approach. In a speech at a central banking conference here, Yellen laid out in […]

Fed not likely to raise rates until June 2015, Reuters poll shows

(Reuters) – The U.S. Federal Reserve is expected to move in baby steps when it starts to bump up borrowing costs from a record low, but it won’t do so until the second quarter of next year, according to the latest Reuters poll of economists. Recent data on employment, manufacturing and services suggest the economy […]

U.S. jobless claims unexpectedly drop, point to strong labor market

(Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions. Initial claims for state unemployment benefits decreased by 14,000 to a seasonally adjusted…

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