Tags: ifo

IFO pushes Euro firmer.


25th April 2006
The Euro pushed to an 8 month high against the US Dollar after the release of the IFO surveys in Germany. The Euro jumped 25 pips to touch 1.2415 on a spike as currency traders took in the better than expected IFO survey results. Business climate rose to… more »
Technorati tags: currencydollareuroforexfxifo
Flickr tags: currencydollareuroforexfxifo

Economic Calendar for Today


25th April 2006
Economic Calendar for: Tuesday 25th April 2006 Time GMTeventexpectpreviousAustralia and New Zealand Holiday ( ANZAC Day )06.00Germany March Import Price Index mth/mth0.8%0.4%06.00Germany March Import Price Index yr/yr5.8%6.4%06.15Switzerland March Trade… more »
Technorati tags: cbiconsumer confidenceconsumer price indexecbifotrade balance

US Dollar out of favour.


28th March 2006
The better than expected German IFO survey data and higher Euro-zone Money Supply data from the European Central Bank ( ECB ) pushed the Euro better against the US Dollar early this morning. The US currency has not been able to recover from this and has… more »
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Flickr tags: currencydollarfomcforexfxifo

Euro jumps on strong data.


28th March 2006
The Euro jumped 50 pips to a high of 1.2075 on the release of Euro-zone M3 data and German IFO survey results. The closely-watched IFO survey showed German business sentiment unexpectedly rose to a 15-year high of 105.4 in March, lifted by an improvement… more »
Technorati tags: consumer confidenceeurofomcifom3money supply
Flickr tags: consumer confidenceeurofomcifom3money supply

Dollar calm ahead of FOMC


28th March 2006
Yesterday, the Asian trading session was all about repatriation trades in the Japanese Yen ahead of the end of the Fiscal Year End on March 31st. There was a significant unwinding of Yen ‘carry trades’ particularly against the Australian and New Zealand… more »
Technorati tags: bernankefederal reservefomcforexfxifo
Flickr tags: bernankefederal reservefomcforexfxifo