Brazil Central Bank Buys Dollars At BRL1.974 In Auction

Friday, May 29, 2009

Fri, May 29 2009, 18:48 GMT
http://www.djnewswires.com/eu


Brazil Central Bank Buys Dollars At BRL1.974 In Auction
SAO PAULO (Dow Jones)--The Brazilian Central Bank on Friday bought U.S. dollars at an auction for 1.974 Brazilian reals to the dollar.

The central bank has been buying dollars at auctions all week in an effort to replenish part of its international reserves that it spent during the height of the economic crisis. The central bank didn't reveal the volume of dollars it sold at the auction. The real opened at BRL1.97 per dollar in response to a resounding sell-off of the U.S. currency in world markets Friday. -By Kenneth Rapoza, Dow Jones Newswires; 55-11-2847-4541; kenneth.rapoza@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=hkrbpzYTKfTwHZbyySf7Iw%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresMay 29, 2009 14:48 ET (18:48 GMT)Copyright 2009 Dow Jones & Company, Inc.

Chicago Business Index Shows Economy Weakened In May

Fri, May 29 2009, 15:00 GMT
http://www.djnewswires.com/eu



Chicago Business Index Shows Economy Weakened In May
By Howard Packowitz
Of DOW JONES NEWSWIRES

CHICAGO -(Dow Jones)- Business activity in the Chicago area deteriorated in May at a faster pace than the previous month, according to data released Friday by the Institute for Supply Management-Chicago. The Chicago Business Barometer - formerly known as Chicago PMI - fell to 34.9 in May from 40.1 in April and 34.1 in March, which was the lowest reading since July 1980. The May figure was far below the consensus estimate of economists surveyed by Dow Jones Newswires, which projected a reading of 42.0. Assuming the March barometer represented a bottom in the current economic slowdown, ISM-Chicago continued to predict that the recession will end in December. However, Friday's data revealed some troubling signs that the economy has yet to dig itself out of the worst financial crisis since the Great Depression. Particularly weak was the region's job market. Another very low reading in the prices paid by businesses points to deflation. ISM-Chicago said its employment index dropped to 25.0, the second-lowest reading since 1946. The grim jobs figure "continues to elicit concern and dampen the outlook for economic revival," ISM-Chicago said in a news release. In April, the employment index stood at 31.8. The prices paid index was at 29.8 in May, a modest improvement from 28.4 in April, which was the lowest in 60 years. Still, the prices paid component "continued to demonstrate historically high rates of spreading deflation," and "definitely not a sign of the impending end to a significant recession," the news release stated. Deflation is particularly worrisome because consumers tend to wait until prices move lower to make purchases. At the same time, businesses won't expand until they are able to raise prices. May production levels in the Chicago region remained static in May versus the previous month. Both readings were at 38.1, the highest since September 2008. However, any optimism was offset by declines in order backlogs and new orders, ISM-Chicago said. Order backlogs fell to 26.3 in May from 36.9 a month earlier. New orders slumped to 37.3 in May from 42.1 in April. The regional report is closely watched because it is issued just ahead of the release of a national manufacturing index from the Institute for Supply Management. ISM is scheduled to release that data at 10 a.m. EDT Monday. The Chicago Business Barometer and the accompanying data are compiled by Kingsbury International. Next month's index is scheduled to be released June 30. -By Howard Packowitz, Dow Jones Newswires; 312-750-4132; howard.packowitz@dowjones.com. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=hkrbpzYTKfTwHZbyySf7Iw%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresMay 29, 2009 11:00 ET (15:00 GMT)Copyright 2009 Dow Jones & Company, Inc.

NZD/USD reaches fresh 7−month high; AUD/USD tests 0.7870

Tuesday, May 26, 2009


FXstreet.com − Dollar weakness continued across the board. Against NZD has fallen to fresh 7−month low. NZD/USD broke above 0.6235 (previous high) and reached 0.6250. Now the pair is trying to go higher. AUD/USD is testing 7−month low at 0.7870.

Yuan Falls as China Doesn’t Want Appreciation

May 26th, 2009



The Chinese yuan declined at a fastest pace during the last two months as the country’s central bank lowered the reference exchange rate to stimulate the exporting industry.

Dollar ends week in the lowest level for 2009

Sunday, May 24, 2009

Fri, May 22 2009, 20:27 GMT
http://www.fxstreet.com
FXstreet.com (Córdoba) – Greenback finished the week in the lowest level for 2009 against European currencies. To CAD and AUD is the lowest since September. Today dollar also lost ground falling across the board to new multi-month lows. The dollar index reached the lowest level since December. Markets in the U.S. fell modestly today in a light session ahead of Memorial Day holiday, getting in the negative side in the final minutes of trades. Dow Jones finish down 0.18% and Nasdaq lost 0.19%. General Motors stocks collapsed 25% on fears that the car maker would enter soon in bankruptcy. EUR/USD rose in the week 4% and ended above 1.4000 (highest since December). The pair has been rising after bottoming on Monday at 1.3425. Since then the pair has been moving in an up trend. Against the Pound, the Euro rose today but not enough to erase weekly losses.GBP/USD is ending the week above 1.5900. With today increase of 0.33% from opening price, the Pound has completed five consecutive days of gains against the Dollar. During the American session the pair tested the 5-month high at 1.5940 reached during the European session but failed to break above. USD/CHF has ended the week below 1.0800 for the first time since December. The pair also fell the five days of the week completing a rally of almost 400 pips. Today the pair has fallen 0.66% from opening price. The Dollar could only make progress against the Yen rising modestly 0.49% but not enough to recover of weekly losses. This is the third consecutive week with negative results for the Dollar. Yen lost across the board during the week but in a smaller scale compared to the greenback.

The Technical Analysis Wrap-Up

Monday, May 18, 2009


21-05-2009, 16:00 GMT
Expert: Jeffrey Baskin
Preregistered Users: 16 users
Start: Thu, May 21, 2009, 16:00 GMT
End: Thu, May 21, 2009, 16:45 GMT
Remember we now use a new room in the webinar software- relay11 (relay11:forexpros-en)
This educational webinar by FXDD's Jeffrey is a wrap-up of the last three webinars about technical analysis, synthesizing together the different elements of technical analysis and culminating in the performance of an actual trade.

Wall street continues gaining on low share prices, EUR and GBP higher

Mon, May 18 2009, 16:59 GMT
http://www.fxstreet.com
FXstreet.com (Barcelona) - US market has started the week with a strong rally as investors are hunting for bargains from the last week's slump. S&P 500 is recovering its levels from last week, the worse since March. A higher market has fueled the risk appetite, Euro and Pound are higher and USD/JPY is rising.Dow Jones are rising 2.30%, 187.20 pts to be above the 8,450 level. Nasdaq is climbing up 2.15%, 36.04 pts to beat the 1,700 level and the S&P500 is surging 2.26% to trade above the 900.00 key level.GBP/USD has advanced 1.00% so far today to trade above the 1.5320 level. EUR/USD is trading above 1.3530 after recovering from 1.3470. USD/JPY has broken 96.00 level finally and the pair is trading around the 96.30 level.

Forex: EUR/USD rises to reach 1.3545, fresh intra-day high

Mon, May 18 2009, 17:11 GMT
http://www.fxstreet.com
FXstreet.com (Barcelona) - Euro has broken the 1.3515 resistance level against the Dollar after several attempts in the European session and the EUR/USD has climbed up to reach 1.3545, fresh intra-day high. Currently the pair is trading around 1.3530/40, 0.30% above today's opening price.Valeria Bednarik, FXstreet.com collaborator, says: "Risk swings are dominating the pair that quickly regained the upside. Now fighting the 200 EMA in the hourly, indicators lost steam at the time yet a new candle opening above the mentioned EMA now at 1.3507, will open doors for further upside in the pair. 20 SMA far under actual price is losing bearish momentum and turning flat, supporting actual upside continuation. Support levels: 1.3490 1.3460 1.3424. Resistance levels: 1.3536 1.3572 1.3600."

Dollar holds steady against other major currencies in Asia

Saturday, May 16, 2009

Agence France-Presse Page 19
2009-05-16 12:16 AM

The U.S. dollar held steady against other major currencies in Asian trade yesterday as weak U.S. economic data tempered optimism about signs of easing credit market strains, dealers said.
The U.S. dollar was changing hands at 95.93 yen in Tokyo afternoon trade, compared with 95.80 late Wednesday. The euro was quoted at US$1.3641 against US$1.3638 in New York while edging up to 130.84 yen from 130.70.
While some traders expect the dollar to decline as easing financial worries reduce safe-haven demand for the currency, others believe the prospect of a recovery in the U.S. economy will support the greenback.
"We are in a difficult situation regarding sentiment towards the U.S. dollar. If asked to judge whether it is a 'buy' or 'sell,' I would say 'buy,'" said Hachijuni Bank dealer Sho Komamura.
"Credit fears have receded. The market has already braced itself for bad economic figures while business sentiment and stock prices are recovering," he said.
New claims for jobless benefits in the United States in the week to May 9 rose by 32,000 from the previous week to 637,000, well above expectations for a figure of 610,000. The data came a day after poor U.S. retail sales figures.
Japanese economic indicators had little obvious impact on the market.
Wholesale prices in April fell by 3.8 percent from a year earlier, the biggest drop in nearly 22 years, reinforcing expectations that Asia's biggest economy is heading for another bout of deflation.
At the same time core machinery orders, a leading indicator of corporate capital spending, fell by a smaller-than-expected 1.3 percent in March from the previous month, government data showed.

Ukraine Needs to Borrow "Less Than $5B" - Deputy PM

Sat, May 16 2009, 15:43 GMT
http://www.djnewswires.com/eu
Ukraine Needs to Borrow "Less Than $5B" - Deputy PM LONDON -(Dow Jones)- Ukraine still needs external funds on top of the $16.4 billion loan it obtained from the International Monetary Fund last year, the country's vice prime minister Hryhoriy Nemyria told Dow Jones Newswires Saturday. Speaking on the sidelines of the European Bank for Reconstruction and Development's annual meeting, Nemyria said that the sum needed is "below $5 billion" and that talks are under way with a number of possible lenders. Crisis-stricken Ukraine has been in talks with Russia to borrow $5 billion to finance its budget deficit. Ukraine has also approached other countries for help. "We are ready to talk with any lenders, as long as there is no political angle in it, as long as there is no political quid pro quo", Nemyria said. He declined to say at which stage the talks are, or which country or institution is eager to provide funds, but reiterated that Ukraine sees financial help from the European Union, or individual European countries as a possibility. An increase in the IMF loan is also possible, he said. The IMF May 8 gave Ukraine access to $2.8 billion, the second tranche of the loan. The next IMF review will focus on making progress on bank restructuring in Ukraine. However, that may prove to be difficult, as Ukraine's government wants the owners of the country's troubled banks to restructure their debt with foreign lenders prior to ceding control to the state. "If it's not done, the country would face extra debt of between $1.4 billion to $1.5 billion to the banks' lenders," Ukraine's acting finance minister Ihor Umansky said. -By Alexander Kolyandr, Dow Jones Newswires; +44 20 7842 9410; alexander.kolyandr@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=oEdFVVRL8spg3L2R3t9GhQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
May 16, 2009 11:43 ET (15:43 GMT)
Copyright 2009 Dow Jones & Company, Inc.

BOJ Shirakawa: Excessive Yen Volatility Isn't Desirable

Wednesday, May 13, 2009

Wed, May 13 2009, 16:54 GMT
http://www.djnewswires.com/eu
BOJ Shirakawa: Excessive Yen Volatility Isn't Desirable LONDON (Dow Jones)--Bank of Japan Governor Masaaki Shirakawa said Wednesday that excessive volatility in the yen is undesirable. "Excessive volatility is not desirable," Shirakawa said in response to audience questions following a speech in London. He declined to comment directly on the Japanese currency's level. -By Natasha Brereton, Dow Jones Newswires; +44 20 7842 9254; natasha.brereton@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=pHu%2BPCGrMmEFJs1uAB4ICQ%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresMay 13, 2009 12:54 ET (16:54 GMT)Copyright 2009 Dow Jones & Company, Inc

Forex: EUR/USD falls below 1.3600 again; Wall Street falls further

Wed, May 13 2009, 17:22 GMT
http://www.fxstreet.com
FXstreet.com (Barcelona) - After rebounding from 1.3570 support and rising above 1.3600 and reach 1.3660 level, the EUR/USD is falling again, currently the pair has lost 75 pips to reach 1.3585. The pair is declining 0.60% so far today from opening price action. US Stock market is falling on concern in economy.Dow Jones is declining 2.20% so far today, S&P 500 falls 2.54% and the Nasdaq index is losing 2.54% during its session.According to Michael J. Malpede, analyst at Easy Forex, USD is Higher, supported by a spike in risk aversion as weak US retail sales dampens risk appetite and EUR is Lower, EU industrial output falls at a record pace, ECB may increase bond purchase: "USD turned higher as equity markets weakened and economic data from Europe was disappointing. Also the rating agency warning noted by the Financial Times was more than two years old. Concern about US bond rating, Bank of England report and report of a record drop in EU industrial output sparked selling of equity markets and a spike in risk aversion. In addition, China's April industrial production slowed. The trade is debating whether global economy is bottoming or if recent signs of recovery are little more than false hope. Today's Bank of England report, weaker industrial production reports in China and the EU and bigger decline in US retail sales than expected generate concern that the recent rise in global equity markets and optimism about the global economy may be premature."

BoE Report on Inflation Spurrs Yen’s Growth


May 13th, 2009
The Japanese yen began to grow today, after a not very good Asian trading session, when the market participants began to react on the British central bank’s report on inflation and to favor the secure assets and currencies.

Euro Reaches 7-Week High on Chinese Investing Improvements


May 12th, 2009
After the European Central Bank policy makers’ affirmation that rates will be maintained on hold, the euro reached a 7-week high against the dollar.

CURRENCIES: Financial Worries Give Dollar Modest Lift

Monday, May 11, 2009

Mon, May 11 2009, 18:32 GMT
http://www.djnewswires.com/eu
By William L. Watts
The dollar rose Monday versus most major rivals, regaining a small chunk of last week's losses as equities slipped and investors weighed their appetite for continued buying of assets perceived as more risky. The greenback fell through important support levels last week, however, and strategists cautioned that the dollar may have further to fall on ideas the global economy is beginning to bottom out. The dollar index (DXY), a measure of the greenback against a trade-weighted basket of major rivals, rose to 82.680 after falling Friday to a four-month low below 82.50. The dollar fell 0.9% versus the Japanese currency to 97.53 yen. "Today we have seen some profit taking after strong moves leading into the [New York] close ... The move does not appear to be news driven, but more simply a rest after Friday," wrote Camilla Sutton, a currency strategist at Scotia Bank in Toronto. The dollar and the Japanese yen have tended to gain ground during periods of financial and economic uncertainty, often rallying as world equity markets fall. U.S. stocks posted a broad-based retreat at the opening bell, then trimmed initial losses while European markets remained in negative territory. Worries about the financial sector follow a report in The Wall Street Journal that said U.S. banks received concessions from the U.S. Federal Reserve regarding government demands for fresh capital infusions. Fed Chairman Ben Bernanke is scheduled to deliver a speech on the recent bank stress tests late Monday. Results from HSBC Holdings also contributed to unease over riskier assets, wrote strategists at CIBC. Europe's biggest bank said that excluding the gains, which were due to a fall in the market value of its own debt, underlying pretax profit was down compared to a year ago. The bank also said that the price of its debt rebounded in April, meaning much of the benefit it recorded in the first quarter will be reversed in the second quarter. Meanwhile, the euro tracked falling European shares to lose 0.4% versus the dollar to $1.3589. But strategists noted that the euro and several other currencies broke through important resistance at their 200-day moving averages versus the dollar on Friday. "This is an important milestone and foreshadows that even if there are pull backs there is renewed downward pressure on the U.S. dollar," Sutton said. For the euro, that could set the stage for a test of the $1.3750 high, established after the Fed announced the start of its quantitative easing program, in the near term, said Christian Lawrence, a foreign-exchange strategist at RBC Capital Markets. Meanwhile, March industrial production data for France and Italy released on Monday showed larger-than-expected declines, reinforcing expectations for a steep drop in first-quarter euro-zone gross domestic product. France's statistical agency said production fell 1.4% in March, to leave output 16.1% below the level seen in March 2008. Italian industrial production dropped 4.6% for an annual fall of 23.8%. "The upshot is that the euro-zone economy will contract much more sharply this year than the consensus forecast of 3.4%, probably to the tune of 5%," said Daniele Antonucci, European economist at Capital Economics. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=rZCMrES36KADT2R4MArh5g%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
May 11, 2009 14:32 ET (18:32 GMT)
Copyright 2009 Dow Jones & Company, Inc.

Euro Goes Down, Yen Strengthens as Stocks Pared Gains


May 11th, 2009
The euro fell for the first time since May 7 against the U.S. dollar, while the Japanese yen rose against all other major currencies, as the European stock markets failed to demonstrate a commitment to move farther up.

US Economic Indicators: DJ Survey Of Forecasters-May 9

Saturday, May 9, 2009

Sat, May 9 2009, 13:10 GMT
http://www.djnewswires.com/eu
US Economic Indicators: DJ Survey Of Forecasters-May 9
Forecasts based on the projections from 10 economists as of Monday,
May 11. NA = not available. E = estimate. R = revised. **** = tentative.


Time -- Forecast--
Date EDT Indicators Median Low High Prev Actual
05/12 :0830: Mar Trade Balance : -29.4 -27.4 -36.2: -26.0 :
05/12 :0830: Goods Total : NA NA NA : -36.9 :
05/12 :1400: Apr Treasury Budget Stmt : -20.0 -33.0 10.0: -192.3 :
05/13 :0830: Apr Retail Sales (% chg) : 0.0 -0.4 0.6: -1.1 :
05/13 :0830: Ex-Auto (% chg) : 0.2 -0.2 0.4: -0.9 :
05/13 :1000: Mar Busin Invty (% chg) : -1.2 -1.8 0.9: -1.3 :
05/14 :0830: Unemploy Clms p/e May 9 : 611 600 625: 601 :
05/14 :0830: Apr PPI (% chg) : 0.3 -0.2 1.0: 0.1
05/14 :0830: PPI Core (% chg) : 0.2 0.0 0.3: 0.0 :
05/15 :0830: Apr CPI (% chg) : 0.0 -0.1 0.6: -0.1 :
05/15 :0830: CPI Core (% chg) : 0.2 0.0 0.3: 0.2 :
05/15 :0915: Apr Industl Prod (% chg) : -0.6 1.0 -0.4: -1.5 :
05/15 :0915: Capacty Util : 69.0 68.3 69.1: 69.3 :
05/19 0830: Apr Housing Starts NA NA NA 0.510
05/19 :0830: % change : : -10.8 :
05/19 :0830: Housing Permits : NA NA NA : 0.516R:
05/19 :0830: % change : : -8.5R:
05/21 :1000: Apr LEI (% chg) : NA NA NA : -0.3 :
05/26 :1000: May Consumer Confidence : NA NA NA : 39.2 :
05/27 :1000: Apr Existing Home Sales : NA NA NA : 4.57 :
05/27 :1000: % change : : -3.0% :
05/27 :1000: Apr Preliminary Steel Impo: : -3.1 :
05/28 :0830: Apr Durable Goods (% chg) : NA NA NA : -0.8 :
05/28 :1000: Apr S/F Home Sales : NA NA NA : 356 :
05/29 :0830: Q1 Pre GDP : NA NA NA : -6.1 :
05/29 :0830: Final Sales Dom Prchsr : NA NA NA : -6.1 :
05/29 :0830: PCE Defltr : NA NA NA : 2.2 :
05/29 :0830: Price Defltr : NA NA NA : 2.9 :
05/29 :0830: Q1 Pre Corp Profits : : -10.7 :
06/01 :0830: Apr Personal Inc (% chg) : NA NA NA : -0.3 :
06/01 :0830: PCE (% chg) : NA NA NA : -0.2 :
06/01 :1000: Apr Constrcn Spdg(% chg) : NA NA NA : 0.3 :
06/01 :1000: May ISM : NA NA NA : 40.1 :
06/01 :1000: Employment : : 34.4 :
06/01 :1000: Prices : : 32.0 :
06/03 :1000: Apr Factory Ord (% chg) : NA NA NA : -0.9 :
06/04 :0830: Q1 Fin Productivity : NA NA NA : 1.1 :
06/04 :0830: Unit Labor Costs : NA NA NA : 2.9 :
06/05 :0830: May Jobless Rate : NA NA NA : 8.9 :
06/05 :0830: Jobs (chg) : : -539 :
06/05 :0830: Private (chg) : : -611 :
06/05 :0830: Manufac (chg) : : -149 :
06/05 :0830: Avg Hourly (% chg) : NA NA NA : 0.1 :
06/05 :1500: Apr Consumr Crdt (bln$) : NA NA NA : -11.1 :
07/31 :0830: Q2 09 ECI : NA NA NA : 0.3 :
07/31 :0830: ECI Annual : NA NA NA : 2.1 :
-By Rodney Christian; Dow Jones Newswires; 202-646-1880;
csstat@dowjones.com
Related fixed stories:
84698 US Economic Indicators: Latest 6 months data
80055-57 US Economic Calendar
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=PzFemTGGGclWhnRwz1wPFQ%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresMay 09, 2009 09:10 ET (13:10 GMT)Copyright 2009 Dow Jones & Company, Inc.

US Economic Indicators: Latest 6 Months Data-May 9

Sat, May 9 2009, 13:11 GMT
http://www.djnewswires.com/eu
US Economic Indicators: Latest 6 Months Data-May 9
Forecasts based on the projections from 10 economists as of Monday,
May 11. NA = not available. E = estimate. R = revised. **** = tentative.

--Forecast--
Date Indicators :Median : Apr Mar Feb Jan Dec Nov
:
05/12 Trade Balnce : -29.4: -26.0 -36.2R -39.9 -42.5
05/12 Goods Balnce: NA : -36.9 -46.9R -51.3 -53.3
05/12 Imports : : 152.7 160.9R 172.4 -183.1
05/12 Exports : : 126.8 124.7R 132.5 140.7
05/12 Trsy Budget : -20.0: -192.3 -192.8 -83.8 -83.6 -164.4
05/13 Retail Sales : : 344.4 348.4 347.3R 341.0 351.8
05/13 % change : 0.0: -1.1 0.3 1.9R -3.1 -2.4
05/13 Ex-Auto : : 288.2 290.8 288.0R 283.4 292.9
05/13 % change : 0.2: -0.9 1.0 1.6R -3.2 -2.6
05/13 Busin Invty : : 1,421 1,440 1,456 1,480
05/13 % change : -1.2: -1.3 -1.1 -1.6 -1.1
05/13 % mfg chg : : -1.2 -1.1R -1.9 -0.5
05/14 Unemply Clms : 611: [5/2 601 [4/25 635R ] [4/18 645]
05/14 PPI : : 168.9 170.1 170.3 168.8 172.0R
05/14 % change : 0.3: 0.1 0.1 0.8 -1.9 -2.2
05/14 % 12-mo chg: : -3.7 -1.3 -1.0 -1.1 0.4
05/14 PPI Core : : 171.4 171.6 171.3 170.5 170.6R
05/14 % change : 0.2: 0.0 0.2 0.4 0.2 0.1
05/15 CPI : : 212.7 212.2 211.1 210.2 212.4
05/15 % change : 0.0: -0.1 0.4 0.3 -0.8 -1.7
05/15 % 12-mo chg: : -0.4 0.2 0.0 0.1 1.1
05/15 CPI Core : : 218.6 217.7 216.7 216.1 216.7
05/15 % change : 0.2: 0.2 0.2 0.2 0.0 0.0
05/15 Real Earnings: : 0.0 -0.2 -0.2R 1.0 2.2
05/15 Industl Prod : : 97.4 98.8 100.3R 102.5R 104.8R
05/15 % change : -0.6: -1.5 -1.5 -2.1R -2.2R -1.2R
05/15 Capacty Util: 69.0: 69.30 70.3 71.3R 72.8R 74.5R
05/19 Hsg Starts : NA : 0.510 0.572 0.488R 0.558 0.655
05/19 % change : : -10.8 17.2 -12.5R -14.8 -14.6
05/19 Permits : NA : 0.516 0.564R 0.531 0.547 0.615
05/19 % change : : -8.5 6.2R -2.9 -11.1 -15.8
05/21 LEI : : 98.1 98.5 98.9R 98.8R 98.9R
05/21 % change : NA : -0.3 -0.4 0.1R -0.1R -0.5R
05/26 Cnsmr Confid : NA : 39.2 26.0 25.3 37.4 38.6 44.7
05/27 Exist Hm Sls : NA : 4.57 4.71 4.49 4.74 4.54
05/27 % change : : -3.0% 4.9% -5.3% 4.4% -8.1%
05/27 Pre Stl Imp : : -3.10 -33.7 17.9 -11.4 -24.4
05/28 Durable Gds : 615.0: 161.2 162.5 159.2R 172.7 181.0
05/28 % change : NA : -0.8 2.1 -7.8R -4.6 -4.0
05/28 NonDef Captl: : 52.0 51.0 48.6R 54.0R 60.1
05/28 % change : : 1.9 4.9 -9.9R -10.3R -5.3
05/28 S/F Home Sls : NA : 356 358 331R 372R 387
05/28 % change : : -0.6% 8.2% -11.0%R -3.9%R -4.2%
05/29 :[Q1 09 14,076 [Q4 08 14,200][Q3 08 14,421]
05/29 GDP Annual % : NA :[Q1 09 -6.1 [Q4 08 -6.3 ][Q3 08 -0.5]
05/29 Final Sales%: NA :[Q1 09 -6.1 [Q4 08 -9.9 ][Q3 08 2.2]
05/29 PCE Defltr % NA :[Q1 09 2.2 [Q4 08 -4.3 ][Q3 08 -3.8 ]
05/29 Prc Defltr %: NA :[Q1 09 2.9 [Q4 08 0.6 ][Q3 08 3.9]
05/29 Chnd Wt Prc%: :[Q1 09 2.9 [Q4 08 0.5 ][Q3 08 3.9]
05/29 :[Q4 08 1001.2 [Q3 08 1121.3R ][Q2 08 1127.0]
05/29 Corp Profit%: :[Q4 08 -10.7 [Q3 08 -0.5R ][Q2 08 -3.8]
06/01 Personal Inc : : 12,037 12,071 12,095R 12,082 12,122
06/01 % change : NA : -0.3 -0.2 0.1R -0.3 -0.5
06/01 PCE : : 9,953 9,977 9,938R 9,831 9,940
06/01 % change : NA : -0.2 0.4 1.1R -1.1 -0.7
06/01 Constrcn Spd : : 969.7 967.1 977.2R 1012.0 1044.6
06/01 % change : NA : 0.3 -1.0 -3.4R -3.1 -3.5
06/01 ISM : NA : 40.1 36.3 35.8 35.6 32.9 36.2
06/01 Employment : : 34.4 28.1 26.1 29.9 29.9 34.2
06/01 Prices : : 32.0 31.0 29.0 29.0 18.0 25.5
06/03 Factory Ords : : 345.3 348.5 346.1 358.8 377.2
06/03 % change : NA : -0.9 0.7 -3.5 -4.9 -6.5
06/03 Unfill Order: : 759.0 770.9 784.0 800.4 812.9
06/03 % change : : -1.5 -1.7 -2.0 -1.5 -0.9
06/04 :[Q1 08 143.0 [Q4 08 142.6][Q3 08 142.8]
06/04 Prod & Costs%: NA :[Q1 08 1.1 [Q4 08 -0.5][Q3 08 2.3]
06/04 :[Q1 08 131.4 [Q4 08 130.5][Q3 08 128.8]
06/04 Unit Labor%: NA :[Q1 08 2.9 [Q4 08 5.4][Q3 08 3.3]
06/05 Jobless Rate : NA : 8.9 8.5 8.1 7.6 7.2 6.8
06/05 Jobs (chg) : : -539 -699 -681 -741 -681 -597
06/05 Pvt (chg) : : -611 -693 -688 -749 -670 -601
06/05 Manuf(chg): : -149 -167 -172 -262 -180 -121
06/05 Factory hrs : : 2.7 2.6 2.7 2.9 2.9 3.2
06/05 Avg Hr % chg: NA : 0.1 0.2 0.2 0.2 0.3 0.3
06/05 Consumr Crdt : : 2551.1 2562.2 2570.3R 2563.3 2570.1
06/05 change : NA : -11.1 -8.1 7.0R -6.8 -9.8
06/09 Wholesale Inv: : 411.7 418.5 425.9 427.3 433.7
06/09 % change : NA : -1.6 -1.7 -0.3 -1.5 -0.9
06/09 Invty-Sales: : 1.32 1.31 1.34 1.27 1.24
06/17 Current Acct : :[Q4 08 -$132.8 [Q3 08 -181.3R ][Q2 08 -182.2R ]
07/31 ECI : NA :[Q1 09 0.3 [Q4 08 0.6][Q3 08 0.6]
-By Rodney Christian; Dow Jones Newswires; 202-646-1880;
csstat@dowjones.com
Related fixed stories:
84697 US Economic Indicators: Latest 6 months data
80055-57 US Economic Calendar
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=PzFemTGGGclWhnRwz1wPFQ%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones NewswiresMay 09, 2009 09:11 ET (13:11 GMT)Copyright 2009 Dow Jones & Company, Inc.

Canadian Dollar Reacts on Strong Employment Data


May 9th, 2009
After a bearish previous week, the loonie reached a 6-month high against the dollar as national employers added jobs and optimistic data from the U.S. indicate that the recession may be easing.

Forex: EUR/USD falls below 1.3400 after reaching monthly high at 1.3470

Thursday, May 7, 2009

Thu, May 7 2009, 15:31 GMThttp://www.fxstreet.com
Forex: EUR/USD falls below 1.3400 after reaching monthly high at 1.3470FITITOL-->FXstreet.com (Barcelona) - After reaching a fresh monthly high at 1.3470, EUR/USD has fallen around 90 pips to 1.3380 level, the pair is currently trading below 1.3400 level. According to Lena Manousarides, SpikeCharts' analyst, today's rate decision was crucial for the Euro’s direction: "Heavy EUR/USD trading followed the ECB's decision to cut rates by 25 points and the pair seems poised for further gains towards 1.35; where a clear break of 1.3470 could potentially boost the Euro towards 1.3530. Seeing as 200 points have been gained already today, we may see some consolidation soon, however if the Euro proves to be made of sterner stuff, any dips which may occur could see shrewd traders using them to build further longs. For this to be a possibility however, 1.3269 must hold."
FXStreet.require('registerajaxCAGTabulat.js');
FXStreet.require("Tabs.js");
EUR/USD

US markets turn down on automakers hurting confidence, EUR consolidating

Thu, May 7 2009, 16:32 GMThttp://www.fxstreet.com
US markets turn down on automakers hurting confidence, EUR consolidatingFITITOL-->Fxstreet.com (Barcelona) - Wall Street has turned down from positive open after GM published its first quarter sales results. The automaker has said it lost twice as much money between January and March as it lost a year ago. Consumer confidence hurt sales on bankruptcy fears.Dow Jones is falling 0.83% an it has lost the 8.500 pts level, S&P 500 is down by 0.68% on the day and Nasdaq is posting 1.92% decreases.EUR/USD is fighting the 1.3400 key level after the shaked US session's beginnings. GBP/USD continues close to 1.5000 key level and USD/JPY is testing 99.00 resistance level after falling to 98.80.According to Valeria Bednarik, FXstreet.com collaborator, markets is focusing on bank stress test: "Stocks and dollar, are fighting to remain positive, as today around 5 p.m. east time, FED will finally announce the results of the bank stress test of the 19 largest banks in the U.S., although some comments have been made already and speculation that at least 10 of those banks need to increase their capital. Wall Street is losing ground ahead of the release."

Commodities pairs rise on the board, AUD/USD reaches 7-months hight

Thu, May 7 2009, 17:33 GMThttp://www.fxstreet.com
Commodities pairs rise on the board, AUD/USD reaches 7-months hightFITITOL-->FXstreet.com (Barcelona) - AUD/USD has reached 7-months high at 0.7615 in the early American session after rising 1.30% so far today. The pair is currently trading at 0.7560. USD/CAD is trading above 1.1700 level after rising 0.40% so far today and NZD/USD is close to 0.6000 key level after rising 1.00% on the day.Commodities currencies are the overall winners this days, as Australian dollar reached a fresh 7-month high at 0.7615 after better than expected employments situation released past Asian session. Unemployment rate fell to 5.4% while the number of employments rose 27.3K far better than previous month fall of -37.2K. gold above 910/oz. favor also Aud, thus the 1000. Level won’t be easily overcome.Valeria Bednarik, FXstreet.com collaborator says: "Canadian dollar also appreciate to a multi months high against dollar reaching the 1.1628 before retracing a bit. Oil is at a 6 month high at $57.10 a barrel supporting the currencyafter BOC member yesterday state that no more quantitative easing will be needed."

France's Sarkozy Wants Stronger EU Role On Gas, Bank Regulation

Tuesday, May 5, 2009

Tue, May 5 2009, 18:30 GMThttp://www.djnewswires.com/eu
France's Sarkozy Wants Stronger EU Role On Gas, Bank RegulationFITITOL-->
France's Sarkozy Wants Stronger EU Role On Gas, Bank Regulation PARIS -(Dow Jones)- French President Nicolas Sarkozy pleaded Tuesday for a stronger role for the European Union on several fronts, including gas supply and banking regulation, outlining the French agenda for the 27-nation bloc. Sarkozy asked for the creation of a central European agency to purchase gas so that the continent can increase its bargaining power with foreign suppliers. "Europe must fight to build a true energy policy, which doesn't just involve competition," Sarkozy said in a speech in Nimes in southern France, which was broadcast on several TV channels. The French president, who held the rotating presidency of the bloc until December, also asked for the establishment of a committee of banking regulators with binding powers. On financial regulation, Europe must provide the "example," Sarkozy said. -By Gabriele Parussini; gabriele.parussini@dowjones.com; 014017 1766 Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=W6UuMrXOzzpS27SyD3zXzg%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
May 05, 2009 14:30 ET (18:30 GMT)
Copyright 2009 Dow Jones & Company, Inc.

Forex: EUR/USD breaks 1.3335

Tue, May 5 2009, 17:49 GMThttp://www.fxstreet.com
Forex: EUR/USD breaks 1.3335FITITOL-->FXstreet.com (Córdoba) – Dollar got stronger against the euro since the opening bell in Wall Street. Recently broke support zone at 1.3335 and fell to 1.3318 (new intra-day low). Now EUR/USD is trying to get back above 1.3335. So far the pair is down 0.60% for the day. Next support level is located at 1.3300. This move came after the Treasury of the U.S. sold $35 billion in 3-year notes to yield 1.473% matching last month record amount. Ten years note remain up after the auction. A few hours ago Ben Bernanke told that he sees a growing economy by the end of the year. Those words where not enough to lift the markets: major index are down around 1%.

Forex: GBP/USD is back above 1.5100

Tue, May 5 2009, 17:11 GMThttp://www.fxstreet.com
Forex: GBP/USD is back above 1.5100FITITOL-->FXstreet.com (Barcelona) - After reaching 1.5160, fresh 4-months high and falls to 1.5030, the Cable has risen around 70 pips to be back above 1.5100 level. Currently the pair is trading around 1.5115/25 0.60% above its opening level.Valeria Bednarik, FXstreet.com says: "Pair seems a bit exhausted to the upside, and ready for a downside correction in the hourly charts, probable bearish engulfing in the hourly, yet as long as the pair remains above 1.5000, consider bullish bias intact. Tough congestion zone around 1.5115 will be key for today’s close. Daily candle opening above will confirm the bullish longer term continuation. Support levels: 1.5085 1.5036 1.5000. Resistance levels: 1.5115 1.5160 1.5200."
 
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