G10 Advancers and Decliners vs USD JPY 0.71 CHF 0.21 GBP 0.20 EUR 0.15 Risk appetite was slightly weaker in the Asian session, as equity markets failed to shake off a weak US consumer confidence figure. The USD strengthened as a consequence, with the commodity currencies losing ... Read ... Read more

The USD Rebounds The U.S dollar drifted sideways against a basket of currencies on Wednesday, hovering not far from the lowest level of the year, as investors continue to assess the real economy by looking at economic data in the U.S. Nonetheless, the U.S. dollar had found ... Read the full post ... Read more

This time it looks like folks are capitulating to the upside: Stocks jump over 2% on confidence data, Apple . "Today the market is celebrating the return of some sign of consumer confidence," said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey. "I ... Read more

Sentiment that the bottom is in is rapidly picking up steam. Please consider Consumer Confidence Jumps by Most in Six Years . Confidence among U.S. consumers jumped in May by the most in six years, fueling speculation the economy will recover later this year. The Conference Board’s sentiment in ... Read more