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Risk appetite has been cautiously creeping back into FX markets at the start of this trading week. While a one day doesn’t make a trend, the broader environment is shaping up to support a sustained rally in risk sentiment. First of all, the passing of the new austerity measures by the Greek congress on Friday [...]

As the US Dollar slipped back, it helped push the price of gold a touch higher, but we appear to be stuck in and around these levels, with a two-way pull in play. Dollar weakening will traditionally push gold lower, but the better than expected non-farm payroll figures released on Friday give speculators less need [...]

The lower US Dollar helped push the price of oil higher, and Fridays better than expected non-farms increased confidence that the global economic recovery is in full swing. Having traded over $82, we are at two month highs, so the next significant landmark is $84, sixteen month highs. Positive signs from China also increased traders [...]

Following Fridays impressive non-farm payroll figures, risk appetite appears to have returned, with traders fleeing the greenback in favour of higher yielding currencies. The US Dollar slipped back, and the Euro has rallied as signs of a global econo0mic recovery improved. Comments by French President Sarkozy helped move the Euro higher, as he vowed to [...]

What to Expect This Week: This week, in the United States, we should see a fall in initial jobless claims after better-than-expected non-farm payrolls. Also, the U.S. trade deficit may narrow slightly in January as exports dropped less than imports. Still, U.S. retail sales result is likely to be lower in February due to severe [...]

Weekly Top 10 Market-Moving Events: Below Events in Eastern Time, New York (U.S.) Local Time. 1. CHF – Swiss CPI – Consumer Price Index, Tue, Mar-09, 3:15am (ET) 2. GBP – U.K. Industrial Production, Wed, Mar-10, 4:30am (ET) 3. NZD – Reserve Bank of New Zealand Interest Rate Announcement, Wed, Mar-10, 3:00pm (ET) 4. JPY [...]