Gross Domestic Product (GDP)

The commodity risk currencies managed to emerge on the top last week in a mid-week rally. The markets turned around after ECB President Mario Draghi hinted at more stimulus expansion at the meeting in March. The Canadian dollar closed the…
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The Yen closed another week with gains, rising 0.21% for the week and on a month to date basis, the Yen is up 2.77%. The gains in the Yen are primarily driven by safe haven bets with lingering concerns from China's economy and the stock…
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In a classic risk aversion week, the Japanese Yen emerged on the top with strong gains of 3.33% across the board. The week started off with the Chinese Stock market plunge which sent the global markets into a tailspin on concerns of a…
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The holiday thin trading saw the markets move sideways than establishing any trends. The Australian Dollar closed the week with gains of 0.24% for the week and emerged as the top commodity risk currency despite lack of any major…
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The markets had a holiday shortened week last week but the week was marked with key important data from the US, UK and Japan. Closing out the week, the NZD was the top performing currency, which gained 1.72% against the US Dollar followed…
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Monday was the day Spain announced their winning party for the elections. Partido Popular (PP) won the referendum but the seats they obtained were 122 from an absolute majority - 176 needed, due to which forming a government will be a…
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The EUR/USD got back to its “comfort zone” in the upper range between 1.0960/70 after a short knee-jerk skip under the 1.0940 handle. The pair’s descend in around the 1.0935 thresholds follows ECB’s (European Central Bank) B. Coeure’s…
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Japan’s final GDP (Gross Domestic Product) figures were released yesterday, showing an expansion in the economy for the third quarter of this year, thus the recession from previous estimates being avoided. The major factors for that helped…
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On Wednesday, the European shared currency prolonged its losses against the greenback, pushing the EUR/USD pair in the vicinity of 1.06. The trend tested the critical support line from 1.06 after the release of flash CPI (Consumers Price…
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Last week ended with the release of Japan's national CPI (Consumer Price Index) for October and also the early Tokio CPI figures for November. The outcome should have been a reassurance for the market participants that there still is a…
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