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Breaking Forex News 

Philippines records $194 million net foreign direct investments for February
Thomson Financial News | Mon, May 12 2008, 08:20 GMT

Serbia Q1 foreign trade deficit reaches $2.9 bln, up 40.2 pct vs yr-earlier
Thomson Financial News | Mon, May 12 2008, 08:15 GMT

Malaysia's April CPO output up 2.5 pct from March; palm oil exports up 1.1 pct
Thomson Financial News | Mon, May 12 2008, 08:12 GMT

Japanese government bonds close mostly lower as stocks rebound
Thomson Financial News | Mon, May 12 2008, 08:12 GMT

Czech March industrial output unexpectedly down 2.1 pct year-on-year UPDATE
Thomson Financial News | Mon, May 12 2008, 08:08 GMT

Forex - Euro, pound remain weak against dollar
Thomson Financial News | Mon, May 12 2008, 08:03 GMT

India Bullion - Opening Prices
Thomson Financial News | Mon, May 12 2008, 08:02 GMT

[ View All ]

Featured 

From the Editor's Desk

May 12, 06:28 GMT

Dollar mixed in Asian trade ahead of data by Thomson Financial News

The dollar was mixed against major currencies in afternoon trading in Asia on Monday ahead of a series of data this week which may provide further clues on the depth of the U.S. slowdown. Among U.S. data due this week include retail sales on Tuesday, consumer price inflation on Wednesday and housing starts on Friday.

[ Full Story ]

Analysts' comments

May 9, 15:00 GMT

Peter Morici, business professor at the University of Maryland:

"The weaker dollar against the euro, pound and Canadian dollar is boosting exports. However, the trade deficit remains stubbornly large, because imports of petroleum and from much of Asia are not much affected by those exchange rate movements." − Thomson Financial News

Ashraf Laidi, chief currency analyst at CMC Markets:

"While much ink had been spilled over the benefits of a weak dollar on international trade, there was no relief on overall exports. In fact, as long as a falling dollar is accompanied by surging oil, the net effect is negative via rising oil imports." − Thomson Financial News

[ Full Story ]

Related News 

Central Banks

The Federal Reserve

Paying interest on reserves would give Fed more control, flexibility
Thomson Financial News | Wed, May 7 2008, 20:51 GMT

The European Central Bank

ECB says market tensions led to tighter terms on loans to companies in Q1 UPDATE
Thomson Financial News | Fri, May 9 2008, 09:11 GMT

The Bank of Japan

Bank of Japan leaves overnight call rate target unchanged at 0.5 pct
Thomson Financial News | Wed, Apr 30 2008, 05:45 GMT

The Bank of England

BoE keeps key Bank Rate on hold at 5.00 percent UPDATE
Thomson Financial News | Thu, May 8 2008, 11:36 GMT

The Reserve Bank of Australia

Australia's central bank raises 2008 inflation forecasts
Thomson Financial News | Fri, May 9 2008, 03:27 GMT

[ View All ]

Real-Time Economic Calendar

Date (GMT)CountryEventActualCons.Previous
May 1200:00DE Whit Monday Market Holiday 
01:30AU Investment Lending (Mar) -7.2%-9.5%
06:00JP Machine Tool Orders (YoY) (Apr) 0.33.3
08:30UK Goods Trade Balance (Mar) -£7.5-£7.5B
08:30UK Producer Price Index - Input (MoM) s.a (Apr) 1.8%1.8%
08:30UK Producer Price Index - Input (YoY) n.s.a (Apr) 21.4%20.4%
08:30UK Producer Price Index - Output (MoM) n.s.a (Apr) 0.6%0.9%
08:30UK Producer Price Index - Output (YoY) n.s.a (Apr) 6.4%6.2%
08:30UK Total Trade Balance (Mar) -4.4-4.4B
More Features and new filter options inside [ View full calendar ]

Currency Focus

Currencies of the Day

Dollar firms after better-than-expected U.S. trade data
Thomson Financial News | Fri, May 9 2008, 15:29 GMT

Canada Morning: C$ Higher But Still In Range After Good Data
Dow Jones | Fri, May 9 2008, 14:18 GMT

China yuan ends at 6.9918 to US dollar vs 7.0052 in OTC trade
Thomson Financial News | Fri, May 9 2008, 10:01 GMT

USD/JPY: The Dollar declines further
FXstreet.com | Fri, May 9 2008, 14:30 GMT


[ View All ]

Forex Beginners Forum

To xx3xxx
by xx3xxx May 08, 01:57 GMT

Which moving average line is the better one to be followed in using hourly chart?
by FXWizard May 05, 02:16 GMT

Trading Jobs in Spain
by FXWizard May 02, 09:48 GMT

strategy-wise
by xx3xxx May 01, 02:01 GMT

[ View All ]

Economic Indicator News

United States

US trade deficit narrows in March on lower car and industrial supply imports
FXstreet.com | Fri, May 9 2008, 12:44 GMT

Euro Zone

French March industrial output down 0.8 pct from Feb UPDATE
Thomson Financial News | Fri, May 9 2008, 07:21 GMT

United Kingdom

England, Wales Mortgage Possession Claims, Orders Rise In 1Q
Dow Jones | Fri, May 9 2008, 08:50 GMT

Japan

Japan March Leading Indicators 20.0; Coincident 33.3
Dow Jones | Fri, May 9 2008, 05:05 GMT

Australia

Australian Apr Employment +25,400; Consensus +10,000
Dow Jones | Thu, May 8 2008, 01:33 GMT

China

China April PPI up 8.1 pct yr-on-yr - stats bureau
Thomson Financial News | Fri, May 9 2008, 02:54 GMT


[ View All ]

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