Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
Positive U.S. economic data is counteracting the strain that the swine flu and the initial results of stress tests are having on the currency markets.
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
Another night of risk aversion has lifted the yen to a six week high against the euro and a four week high against the buck as WHO raised the alert status of the swine flu crisis from 3 to 4. Keiji Fukuda, [...]

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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
Japan’s retail sales fell for a seventh consecutive month in March as weakening labor market prompted households to cut spending in a clear sign that Japan’s economy is seeing no evidence of a rebound in consumer demand. Sales declined by 3.9% earlier which [...]

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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
The lack of any meaningful U.S. economic data along with fear that the swine flu has the risk of turning into a global health crisis has caused investors to flock into the safety of the U.S. dollar. We have always said that [...]

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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
The U.S. dollar has strengthened against all higher yielding currencies on the fear of a global health pandemic. A respiratory disease known as the swine flu is spreading across the globe.
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Posted by: Commentary from Boris Schlossberg and Kathy Lien, Directors of Research, GFT
The EUR/USD was lower by more than 100 points at the start of the week’s trade today, as fear of a spreading swine flu epidemic gripped global capital markets. Centered in Mexico, the swine flu outbreak has managed to kill more than 80 [...]

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