Results for french
3 articles with this tag name
  • German and French PMI readings improved for the first time in months suggesting that that vicious contraction in demand that dogged the region over the past year may be showing nascent signs of stabilization. German Manufacturing PMI printed at 32.2 vs. 31.9 eyed while the Service PMI rose slightly to 41.7 from 41 forecast. The French data was better with services rebounding to 42.9 from 40.2 expected and manufacturing registering a reading of 36.3 versus 35 called. The EZ Composite PMI number also rose to 40.1 from 39.2 the period prior.
  • The EUR/USD ran to 1.3000 in early European trade today spurred by a major short squeeze in the Asian session as risk appetite returned to the currency market. However the pairs gains were tempered by a very weak French consumer spending report which suggested that growth in the region is likely to contract more severely than initially forecast.
  • French consumer spending collapsed in December contracting by -0.9% versus -0.2% expected as sentiment sunk to its worst level since 1972. Despite the Christmas shopping season consumers in Europe's second largest economy kept their purse strings tightly shut as worries over the looming global recession dampened any urge to spend.

TRADE RECOMMENDATIONS

  • Trades to Watch
  • Trades in Progress
currency recommendation
AUD/CHF
Short term



Buy Buy at .9560
Stop at 0.952
Target at 0.9634
USD/CHF
Medium term



Sell Sell at 1.0677
Stop at 1.0706
Target at 1.0633
NZD/CAD
Medium term



Sell Sell at .7320
Stop at 0.7363
Target at 0.7255
currency recommendation
GBP/JPY
Medium term
Opened 3/18/2010
Buy Long from 136.1000
Stop at 135.58
Target at 136.89
NZD/USD
Medium term
Opened 2/26/2010
Sell Short from 0.7141
Stop at 0.7205
Target at 0.7055

QUOTEBOARD

  • Key Quotes
  • Currencies
  • Markets
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • up
  • 1.3534
  • 1.3626
  • 1.3503
EUR/USD
5 min chart
  • GBP/USD
  • down
  • 1.5015
  • 1.5254
  • 1.4987
GBP/USD
5 min chart
  • USD/JPY
  • up
  • 90.50
  • 90.70
  • 90.33
USD/JPY
5 min chart
  • OIL
  • down
  • 80.58
  • 82.12
  • 79.83
CLJ0
5 min chart
  • GOLD
  • down
  • 1105.5
  • 1126.6
  • 1100.8
.GOLD
5 min chart
  • US Stocks
  • up
  • 10723
  • 10816
  • 10694
.US30
5 min chart
  • UK Stocks
  • up
  • 5648.3
  • 5697.8
  • 5631.3
.UK100
5 min chart
  • DEM Stocks
  • up
  • 5979.0
  • 6041.3
  • 5955.0
.DE30
5 min chart
  • JP Stocks
  • down
  • 10722
  • 10824
  • 10699
.JP225
5 min chart
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • up
  • 1.3534
  • 1.3626
  • 1.3503
5 min chart
  • GBP/USD
  • down
  • 1.5015
  • 1.5254
  • 1.4987
  • USD/JPY
  • up
  • 90.50
  • 90.70
  • 90.33
  • USD/CHF
  • down
  • 1.0601
  • 1.0634
  • 1.0539
  • USD/CAD
  • down
  • 1.0164
  • 1.0188
  • 1.0060
  • AUD/USD
  • up
  • 0.9154
  • 0.9223
  • 0.9128
  • NZD/USD
  • up
  • 0.7079
  • 0.7156
  • 0.7064
  • USD/MXN
  • up
  • 12.5775
  • 12.6063
  • 12.4924
  • EUR/JPY
  • up
  • 122.49
  • 123.34
  • 122.24
  • GBP/JPY
  • up
  • 135.89
  • 138.08
  • 135.61
  •  
  • current
  • high
  • low
 
  • OIL
  • down
  • 80.58
  • 82.12
  • 79.83
5 min chart
  • GOLD
  • down
  • 1105.5
  • 1126.6
  • 1100.8
5 min chart
  • SILVER
  • down
  • 16.962
  • 17.387
  • 16.952
5 min chart
  • US500
  • down
  • 1158.4
  • 1169.1
  • 1155.1
5 min chart
  • UK Stocks
  • up
  • 5648.3
  • 5697.8
  • 5631.3
5 min chart
  • DEM Stocks
  • up
  • 5979.0
  • 6041.3
  • 5955.0
5 min chart
  • JP Stocks
  • down
  • 10722
  • 10824
  • 10699
5 min chart
  • AU Stocks
  • up
  • 4843.0
  • 4882.0
  • 4829.0
5 min chart
Data source: GFT

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