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The Dollar Traded very weak against most pairs and into safe havens such JPY and CHF as uncertainty on the economic outlook continues. The uncertainty is due to the release of worse than expected core economic releases as well as Ben Bernanke’s dovish stance on the US economy. ADP employment

The Dollar Traded very weak against most pairs and into safe havens such JPY and CHF as uncertainty on the economic outlook continues. The uncertainty is due to the release of worse than expected core economic releases as well as Ben Bernanke’s dovish stance on the US economy. ADP employment

After the remarkable improvement and two consecutive expansions in the euro zone and UK boosted by the growth of major sectors, the pace of expansion is predicted to ease in August amid the slowdown in global demand.

After the remarkable improvement and two consecutive expansions in the euro zone and UK boosted by the growth of major sectors, the pace of expansion is predicted to ease in August amid the slowdown in global demand.

Asian equity markets are substantially higher, reversing yesterday’s decline while also tracking some of the late-day strength seen in the final hour of the US session. Australia index is leading the charge with a 2% gain much of the rally taking place after a much better than expected Q2

Asian equity markets are substantially higher, reversing yesterday’s decline while also tracking some of the late-day strength seen in the final hour of the US session. Australia index is leading the charge with a 2% gain much of the rally taking place after a much better than expected Q2

The AUD traded slightly higher after Australia’s July commodity prices (y/y) came in at 52.7%; better than the prior release of 51.0%. The Aussie dollar is currently trading off session highs against the USD.

The AUD traded slightly higher after Australia’s July commodity prices (y/y) came in at 52.7%; better than the prior release of 51.0%. The Aussie dollar is currently trading off session highs against the USD.

The minutes confirm what we knew from last week’s Fed speeches. The decision to reinvest mortgage proceeds was made to maintain the status quo and not to provide additional stimulus. The FOMC’s minutes leave us little wiser on the threshold for potential additional QE. While it remains uncertain whether growth

The minutes confirm what we knew from last week’s Fed speeches. The decision to reinvest mortgage proceeds was made to maintain the status quo and not to provide additional stimulus. The FOMC’s minutes leave us little wiser on the threshold for potential additional QE. While it remains uncertain whether growth