UK PMI services strong; Eurozone retail sales declined; employment in Canada lower than expected and unemployment rate rose; estimates for 2/29 LTRO. Key event for NY is NFP followed by ISM non manufacturing. There are 5 already CAD shorts in the latest Premium Intermarket Insights. The USD is...

The yen and dollar are higher as risk trades are pared heading into US employment data and the weekend. The Australian dollar is lagging. Chinas services PMI fell in January in a tentative, but premature, sign of a cooling economy. Eurozone-wide and individual Eurozone services PMIs all edged...

Speculating on the outcome of tomorrow's US jobs report (NFP and unemployment rate) and rationalizing the reaction to the outcome is an increasingly difficult endeavour especially considering the element of revisions, private sector jobs, manufacturing sector jobs, as well as the rumours and...

Volatility ebbed in markets in the lead-up to Fridays non-farm payrolls report. NZD was the top performer and GBP lagged but overall changes were miniscule. Its growing likely that Greek PSI talks will drag into the weekend. Chinese non-manufacturing PMIs are the highlight of the upcoming session....

Greek deal saga continues; China considering EFSF and ESM involvement; Spanish and French auctions; Swiss trade surplus declined; UK PMI fell and EZ PPI dropped; BOJ "immediate steps unlikely". Market turns to jobless claims, MPC Posen and chairman Bernanke's testimony. The 1.3220-1.3070s...

The Australian touched 5-month high in early Asian trading but quickly gave back its gains in a lackluster session. Majors are essentially flat but EUR/CHF has made some headway to 1.2060. Scheduled news is light in Europe but a Greek deal is said to be close. Both of Tuesdays EURUSD Premium...

ISM manufacturing numbers showing the US is on a solid footing were all that was required to spark rallies in risk trades Wednesday. AUD and NZD were tops while USD and JPY lagged. Australian trade balance is the lone Asia-Pacific event of note. US economic data was near expectations. The ISM...

German and Portuguese solid auctions; Swiss retail sales and PMI declined; intervention threat EURCHF and USDJPY; UK manufacturing PMI surprised to the upside; Eurozone CPI eased. Focus turns to ADP and ISM manufacturing. Tuesday's trades are partly in progress. Rumors that the Greek swap deal...

The Australian dollar fell on soft housing data but rebounded on slightly strong China PMI. The yen is the top performer while NZD lags. Eurozone PMI egdes up but remains in contraction territory. Awaiting UK Manuf PMI. European traders will continue to focus on Greece and debt auctions. Latest...

Conflicting reports about the likelihood of a Greek PSI deal continue to whipsaw traders. NZD was the best performer on Tuesday while EUR lagged. China releases its official PMI in the upcoming session. Latest Premium Trades are out Buy the Euro Dip of Sell the Euro Bounce? See below. The...