Harga minyak naik tajam pada hari Jumat, setelah data nonfarm payrolls AS menunjukkan perusahaan menambah lebih banyak pekerjaan dari perkiraan di bulan Juli.
Monexnews News
The Fed declined to deliver policy easing this week, disappointing many whose expectations had been building for something over the past few weeks. Policy makers can probably see in Friday's NFP print some vindication for their caution. Overall, yesterday's report is not a "true game changer."...
FF News: Fundamental
After pushing higher earlier in the week, the US dollar eventually finished the week lower. A speech by Ben Bernanke, employment data from NZ, Australia and Canada together with the US trade balance, are the main events this week. Here is an outlook on the most influential releases for the coming...
FF News: Fundamental
The greenback is markedly weaker at the close of European trade withthe Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) declining 0.55% on the session after moving a full 100% of its daily average true range. US employment data was central focus today with the July non-farm payroll report crushing...
FF News: Technical
Finland should be feeling on top of the world. Twenty years after a desperate banking crisis sparked a deep recession, this most northerly member of the eurozone was hailed on Wednesday as an example to follow by Mario Monti, Italy's prime minister.
The country punches above its weight in negotia...
FF News: Fundamental
By now even 5 year olds know that the one asset class driving the general stock market is the highly leverageable EURUSD: where the core pair goes, everything else follows, especially if the direction is up (when the EURUSD slides lately it is assumed to be a confirmation that the ECB will print;...
FF News: Fundamental
The ECB announcement on Thursday of its readiness to recommence its sovereign bond buying program (SMP) and to address the concerns of private investors about bond seniority is a positive step reflecting a more dynamic policy from the Central Bank, says Barclays Capital in a note. But this to-be...
FF News: Fundamental
Succinct summation of week's events:
Positives
1)Draghi follows up last week's call to arms with more color on what he'll do next if needed and we await Spain and Italy's SOS.
2)German July unemployment data in line with estimates.
3)Euro zone PMI services index revised up to 4 month hig...
FF News: Fundamental
The message from Draghi and Ben seems to be rather similar, policy response is possible, but they have yet to convince "internal skeptics of the need for immediate action." The ECB has sent a message indicating that it "may" conduct open market operations to support the front end of the peripheral...
FF News: Fundamental
The EUR/USD rally strongly higher towards 1.2400 (with a high at 1.2391) as the U.S. Dollar Index sunk to 82.36 after Thursday 83.61 high. The dollar weakness has presented an opportunity for euro bears: Short into today's strength as it corrects what has been an overall downtrend in the pair.
Th...
FF News: Technical