Market Overview

■ The economy failed to accelerate in Q4. GDP increased by only 0.3% in Q4, the same as in the previous quarter, against 0.7% expected by the market.■ Exports rebounded by only 0.4% in Q4,...

MARKET SNAPSHOT: AUD: Today New car sales were down -3.5% versus 1.4% expected, the lowest in 6 months, to denote a lack in consumer confidence. CAD: Manufacturing sales were down 0.9% versus 0.2%...

Market movers today The leader of Italy's centre-left Democratic Party, Matteo Renzi, is expected to be formally handed the job of forming a new government. Renzi is expected to start negotiations on...

Main event in Sweden will be the January inflation figures. The January numbers are always scary stuff since Statistics Sweden performs a reweighting of the components, which is hard to get your head...

The dollar had a miserable week last week. It fell against all its G10 counterparts and most EM currencies as well. The GBP was the biggest winner, gaining after the Bank of England revamped its...

The last trading day of the previous week was rather full with publications of macroeconomic statistical data, which had an influence on developments in the markets, and increased volatility. Analysts...

Asian Session The dollar continued to struggle to get over yet more disappointing US economic data that stood in contrast to better data out of the eurozone and China.Meanwhile, a weaker-than-expected...

“Just a correction ... or something more sinister?” That is the title of a February 12 financial market briefing by Carsten Valgreen.Carsten is a skilled economist, a global strategist,...

The Japanese Nikkei fluctuated between gains and losses as the week started and the GDP miss failed to provided a clear directio for the markets. Outside of Japan, sentiments were lifted by China's...

Janet Yellen made her first public appearance as Fed's chair last week and testified to Congress. But, her pledge to continue with measured tapering provided no support to the greenback as it tumbled...

EUR/USD Today’s support: - 1.3677 and 1.3663(main),where correction is possible. Break would give 1.3633, where correction also may be. Then follows 1.3618. Break of the latter would result in...

The Japanese economy came in below analyst expectations today for the fourth quarter of 2013. The Gross domestic product or GDP grew at 0.3 percent. Analysts expected it to come in at 0.7...

The theme last week was simple; dump the dollar and buy anything else that moves. Forex:The GBP/USD closed above 1.674 resistances to see it at multi-year highs with increasing bullish momentum, and...

The US dollar finished last week lower against all the major and many emerging market currencies, including those, like the Turkish lira, South African rand and Colombian peso, which had been beaten...