Written by David Song, Currency Analyst
U.K. Nationwide house prices rose 1.3% m/m in July, marking a third consecutive month of price increases and yet again surprising on the upside. The reading compares to our survey median for a 0.3% m/m increase and follows June’s 0.9% m/m rise. The y/y reading improved to -6.2% from -9.3%, [...]
Posted on July 30th, 2009 in Currency Trading News
Tags: house price, house prices, housing, market-recovery, price-increases, series, still-think, the-housing, weak-consumer
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Posted on July 30th, 2009 in Currency Trading News
Written by David Song, Currency Analyst
The U.S. dollar saw a slight correction in Asia after the strong gains Wednesday in NY trading but fresh weakness in the Shanghai Composite stock index renewed concerns over a further correction in China’s stock market bubble. PBOC comments that it would maintain appropriately loose monetary policy was unable to [...]
Tags: after-the-rbnz, correction, currency, house price, house prices, market, market-recovery, price-increases, regional-stocks, remain-the-next, series, the-housing, wednesday
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Posted on June 09th, 2009 in Currency Trading News
The Pound looked to shake off political turmoil in the U.K.
Posted on June 09th, 2009 in Currency Trading News
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EUR/CAD Buy Recommendation Issued @1.5370


