Dollar Gains Traction as ECB Lets Risk Trends Down, Now NFPs…
By John Kicklighter, Sr. Currency Strategist
06-07-2012
The US Dollar Index rose
for a second consecutive session Thursday, though this climb is still lacking for conviction (traders would use the word
‘momentum’). Taking a look at the fundamental backdrop, general risk trends tell the story. While the
S&P 500 slid over the same session – boosting the greenback’s safe haven appeal – the slip follows
a string of consecutive advances and did little to pull us back from a two-month high.
| 8-Oct |
02:00 |
EUR |
 |
German Trade Balance |
 |
18.3B |
15.8B |
16.1B |
|
| 8-Oct |
02:00 |
EUR |
|
German WPI m/m |
|
N/A |
0.4% |
1.1% |
|
| 8-Oct |
03:15 |
CHF |
 |
CPI m/m |
|
0.3% |
0.3% |
0.0% |
|
| 8-Oct |
04:30 |
EUR |
 |
Sentix Investor Confidence |
|
-22.2 |
-20.6 |
-23.2 |
|
| 8-Oct |
06:00 |
EUR |
|
German Industrial Production m/m |
|
-0.5% |
-0.7% |
1.2% |
|
Forex News
More News
Company News
More News
Downloads
