You are here
Buz Investors dollar fell on the rate hike The Fed raised interest rates but the US dollar fell. What is going on? Sure, the hike was fully expected via clears messages from the Fed. Forex News 

Why the dollar fell on the rate hike – 5 reasons

Why the dollar fell on the rate hike – 5 reasons Buz Investors  dollar fell on the rate hike The Fed raised interest rates but the US dollar fell. What is going on? Sure, the hike was fully expected via clears messages from the Fed. Calling them “thick hints” would be an understatement. However, the magnitude of the falls is quite significant. Here are 5 dollar downers, followed by open questions about why the Fed decided to act now and not later. No change to rate projections: The famous dot-plot…

Read More
Buz Investors Oil prices rise as survey suggest The commodity is trading at $52.40 per barrel at 10:40 GMT this morning, 0.32% lower from the New York close. Crude oil witnessed a high of $52.70 per barrel and a low of $52.24 per barrel during the session. In the New York session yesterday, crude oil fell 1.24% Energy 

Oil prices fell for the seventh consecutive day

Oil prices fell for the seventh consecutive day Oil Buz Investors Oil prices fell The commodity is trading at $48.58 per barrel at 09:40 GMT this morning, 0.33% higher from the New York close. Crude oil witnessed a high of $48.64 per barrel and a low of $48.26 per barrel during the session. In the New York session yesterday, crude oil rose 0.12% to close at $48.42 per barrel, reversing its previous session losses. Meanwhile, the EIA predicted that US shale producers will likely raise oil output by 109,000 barrels…

Read More

Japanese machinery orders fell more than expected in January

Japanese machinery orders fell more than expected in January Buz Investors Japanese machinery orders fell Japan’s core machinery orders, which exclude those of ships and electrical equipment, unexpectedly fell 3.2 percent month-over-month in January 2017, following a downwardly revised 2.1 percent rise in December and worse than market expectations of a 0.5 percent gain. Orders for manufacturing declined 10.8 percent, after growing 0.8 percent in December, mainly driven by falls in non-ferrous metals (-84.5 percent), petroleum and coal products (-61.4 percent), chemicals (-27.9 percent), foods and beverages (-22 percent), and…

Read More
Buz Investors UK manufacturing production fell Manufacturing output in the United Kingdom increased 2.7 percent year-on-year in January of 2017, following an upwardly revised 4.2 percent rise in the previous month but slightly Forex News 

UK manufacturing production fell more than expected in January

UK manufacturing production fell more than expected in January Buz Investors UK manufacturing production fell Manufacturing output in the United Kingdom increased 2.7 percent year-on-year in January of 2017, following an upwardly revised 4.2 percent rise in the previous month but slightly below expectations of a 3 percent gain. On a monthly basis, manufacturing output declined 0.9 percent, mainly due to a 13.5 percent slump in pharmaceuticals, following an increase of 8.2 percent in December. In contrast, transport equipment provided the largest upward contribution, increasing by 2.6 percent, within which motor…

Read More
GBPUSD Pound Jumps to 1.25, Markets Eye Autumn Forex News 

Buz Investors GBPUSD pound fell 0.3% against the US dollar

GBPUSD pound fell 0.3% against the US dollar  GBPUSD Buz Investors GBPUSD pound fell At 10:40 GMT, the pair is trading at 1.2191, with the Pound trading 0.36% lower against US Dollar from the New York close. Earlier today, data showed that UK’s seasonally adjusted Halifax house price index advanced less than expected on a monthly basis in February. The pair witnessed a high of 1.2252 and a low of 1.2180 during the session. Yesterday, the Pound traded 0.22% lower against the US Dollar in the New York session and ended…

Read More
GBPUSD Pound Jumps to 1.25, Markets Eye Autumn Forex News 

GBPUSD pound fell 0.3% to a six-week low of $1.223

GBPUSD pound fell 0.3% to a six-week low of $1.223 GBPUSD Buz Investors GBPUSD pound fell 0.3% At 10:40 GMT, the pair is trading at 1.2217, with the Pound trading 0.37% lower against US Dollar from the New York close, after data indicated that UK’s Markit services PMI eased more than expected in February. The pair witnessed a high of 1.2283 and a low of 1.2212 during the session. Yesterday, the Pound traded 0.15% lower against the US Dollar in the New York session and ended at 1.2262. Immediate downside, the…

Read More
AUDUSD flirting with 2-month lows Forex News 

AUDUSD Retail sales in Australia unexpectedly fell

Retail sales in Australia unexpectedly fell AUDUSD Buz Investors Retail sales in Australia The pair is trading at 0.7624 at 10:40 GMT this morning, with the Australian Dollar trading 0.69% lower against US Dollar from the New York close. Early morning data indicated that Australia’s seasonally adjusted trade surplus unexpectedly narrowed in January. This morning, the pair traded at a high of 0.7682 and a low of 0.7609. The Australian Dollar traded 0.24% higher against the US Dollar in the New York session yesterday, with the pair closing the session…

Read More
Buz Investors German GfK consumer confidence German GfK consumer sentiment is set to decline to 10.0 in March 2017 from 10.2 in February. The figure came in slightly below markets expectations of 10.1, Forex News 

German GfK consumer confidence index fell in March

German GfK consumer confidence index fell in March Buz Investors German GfK consumer confidence German GfK consumer sentiment is set to decline to 10.0 in March 2017 from 10.2 in February. The figure came in slightly below markets expectations of 10.1, driven by a drop in both economic and income expectations as well as propensity to buy. In March, economic expectation fell 11.9 points to 9.7, mainly triggered by uncertainties and economic worry among German consumers regarding the policies of the new U.S. president. Meanwhile, income expectation decreased by 10.2…

Read More
Buz Investors Australian unemployment rate Australia's seasonally adjusted unemployment rate fell to 5.7 percent in January of 2017 from 5.8 percent in December while markets expected 5.8 percent. Forex News 

Australian unemployment rate unexpectedly fell in January

Australian unemployment rate unexpectedly fell in January Buz Investors Australian unemployment rate  Australia’s seasonally adjusted unemployment rate fell to 5.7 percent in January of 2017 from 5.8 percent in December while markets expected 5.8 percent. The labor force participation rate dropped slightly while the number of unemployed decreased by 19,300. Unemployment Rate in Australia averaged 6.92 percent from 1978 until 2017, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4 percent in February of 2008. Australia’s seasonally adjusted unemployment rate fell…

Read More
Buz Investors UK total trade deficit The UK’s deficit on trade in goods and services narrowed by £0.3 billion to £3.3 billion in December 2016 from a downwardly revised £3.6 billion in the previous month. Forex News 

UK total trade deficit fell in December

UK total trade deficit fell in December Buz Investors UK total trade deficit The UK’s deficit on trade in goods and services narrowed by £0.3 billion to £3.3 billion in December 2016 from a downwardly revised £3.6 billion in the previous month. Imports rose Exports rose by 2.4 percent to an all-time high of £48.8 billion, boosted by an increase in exports of goods to non-EU countries of £1.1 billion, while imports increased at a slower 1.7 percent also to a record £52.1 billion. In 2016, the total trade deficit…

Read More