The month of October 2012 saw weaker traffic than September 2012, but stronger than October 2011 in terms of page views. After two strong weeks in early September, market volatility fell quite strongly, and so did the traffic. Debt crisis fatigue? Nevertheless, every month in 2012 exceeded the parallel month in 2011. Will the US elections … “Forex Crunch Key Metrics – October 2012”
Month: November 2012
Yen Remains Weak as Stimulus Speculations Persist
The Japanese yen remained weak today ahead of the Bank of Japan’s policy meeting minutes tomorrow amid speculations that the central bank will ease its policy further. The risk-positive market sentiment also weakened the currency. Tomorrow, the BoJ will release the minutes of the meeting that was held on October 4–5. Panasonic Corp. predicted the second-biggest loss in history of the company. Such forecast led to speculations that Japan’s trade balance deficit … “Yen Remains Weak as Stimulus Speculations Persist”
CAD Remains Flat After Data Shows GDP Decline
The Canadian dollar rose yesterday amid returning risk appetite, but trimmed its gains as Canada’s economy unexpectedly shrank in August. Today, the currency remained almost flat, waiting for more news to give it direction. Canada’s gross domestic product declined 0.1 percent in August, frustrating economists who expected it to grow with the same rate of 0.2 percent as in July. That was the first decline since February. The negative … “CAD Remains Flat After Data Shows GDP Decline”