Posts Tagged ‘consumer sentiment’

AUDUSD Consolidates After Five-Month High

by Christopher Lemieuxon April 9, 2014 5:19 pm BST
The Australian dollar continues to push higher against the greenback, as traders dump the US dollar in typically fashion going into the FOMC minutes this afternoon. The US dollar is down roughly $1 in three sessions, which was triggered on the rejection of the daily 200 EMA. Robert Lynch, FX strategist at HSBC Holdings PLC, […]

AUDUSD Outlook: Week of 3/19

by Christopher Lemieuxon March 16, 2014 3:34 pm BST
AUDUSD seen has down the majority of last week, even given the best full-time employment numbers since 1991 as traders aimed to exit risk positions going into the weekend. The dollar sold-off at the tail end of the week giving the Aussie dollar a slight boost, but the rally was sold as price action hit […]

US Fourth Quarter GDP Indicates a Slower Pace of Growth

by Christopher Lemieuxon February 28, 2014 2:19 pm BST
The US economy expanded only 2.4 percent in the fourth quarter, falling short of the 3.2 percent preliminary data report. Economists did revise forecasts to a 2.5 percent general consensus heading into the report. The gross domestic product data indicates that growth lost momentum heading into 2014. Household spending did increase 2.6 percent, but it […]

USDJPY Outlook: Week of 2/23

by Christopher Lemieuxon February 23, 2014 4:45 am BST
The dollar increased the most against the yen last week as monetary policy between the Federal Reserve and the Bank of Japan (BoJ) diverge. The BoJ will continue their massive asset purchasing program while extending special loan programs, while the Fed is determined to wind-down the current $65 billion monthly asset purchases. The United States […]