November 2011

Nov 30 Canadian GDP (3Q) – Live Trading Room

Chris Vecchio, DailyFX Currency Analyst, covers Canadian GDP in the DailyFX Live Trading Room on November 30, 2011 at 15:00 GMT.

US Dollar Tumbles Despite ADP Employment Change Exceeding Estimates

The US Dollar slid against the majors as the November ADP employment report showed the best numbers yet this year.

German Unemployment Change (NOV) – Live Trading Room

Joel Kruger, DailyFX Currency Strategist, covers German Unemployment (NOV) in the DailyFX Live Trading Room on November 30, 2011 at 8:55 GMT.

Commodity Currencies Surge on Coordinated Central Bank Intervention

Higher yielding currencies, such as the Australian Dollar, and risk-correlated assets, such as global equity markets, rally after the Federal Reserve announces increased liquidity provisions with five other central banks. Is this the beginning to the “Santa Claus” rally?

Euro Propped Up By Central Bank Coordination, Outlook Remain Bearish

Investor sentiment picked up ahead of the North American trade as the People’s Bank of China lowered its reserve ratio by 50bp, and the rise in risk appetite may gather pace over the next 24-hours of trading as the major central banks step up their efforts to shore up the global economy.

Massive Coordinated Central Bank Action Inspires Risk Rally

Markets have found some fresh bids into the North American open following news of a major coordinated central bank effort. We remain skeptical …

EUR/USD Classical Technical Report 11.30

The Euro has found some renewed bids on Wednesday, but overall, we still clasify the price action as corrective..

Crude Oil, Gold Likely to Fall as Lackluster Euro Summit Boosts US Dollar

Crude oil and gold are poised to decline amid risk aversion as a disappointing Eurozone finance ministers’ summit stokes safe-haven demand for the US Dollar.

German Unemployment Fell in November; Italian Unemployment Up

Unemployment in Europe’s flagship economy fell in November, but beleaguered Italy unsurprisingly saw a rise. Euro bearish on the day…

Technical Outlook for Major Currencies – November 30, 2011

The Euro has stalled out ahead of the key October lows but could finally be on the verge of rolling back over to test and break the level. Look out for end of month flows to heighten volatility.

« Previous Page — Next Page »