Posts Tagged ‘U.S.’
EUR/USD: Trading the U.S. U. of Michigan Confidence Survey
A rebound in U.S. household sentiment should reinforce an improved outlook for the world’s largest economy, and the uptick in the U. of Michigan confidence survey could spur a bullish reaction in the dollar as it lifts the prospects for future growth.
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Geithner eyes India financial reforms, U.S. access
Geithner eyes India financial reforms, U.S. access
India has outgrown its financial system, Treasury Secretary Timothy Geithner said on Monday, calling for cooperation on reforms that would deepen India’s capital markets and allow U.S. firms more access to them.
Read more on Reuters via Yahoo! News
EUR/USD: Trading the U.S. Consumer Confidence Report
The Conference Board’s consumer confidence index is expected to rebound from a six-month low in June, and the improvement in household sentiment could spark a bullish reaction in the U.S. dollar as growth prospects improve.
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EUR/USD: Trading the U.S. Housing Starts Report
Housing starts in the U.S. are expected to expand at an annualized pace of 545K in May, and the rebound in building activity could spark a bullish reaction in the dollar as growth prospects improve.
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EUR/USD: Trading the Preliminary U.S. 1Q GDP Report
Economic activity in the U.S. is expected to increase an annualized 2.2% in the first-quarter amid an initial forecasts for a 1.8% expansion, and the upward revision in GDP could spur a bullish reaction in the U.S. dollar as the outlook for future growth improves.
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EUR/USD: Trading the U.S. New Home Sales Report
Sales of newly built homes in the U.S. are expected to hold flat in April and the ongoing weakness within the real economy could bear down on the exchange rate as investors weigh the prospects for a sustainable recovery.
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