Australia: AiG Performance of Construction Index (November): 55.2 vs 54.4

Dec 6, 2013

Session recap: Euro remains victorious ahead US employment report

A choppy day in the currency market with better than expected US economic data, the BoE and ECB rate decisions and the Mario Draghi speech on monetary policy. It seems the US Dollar doesn't stand a chance against the Euro and the Yen lately as the EUR/USD climbed to highs in more than a month and the USD/JPY declined below the 102.00.

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Dec 6, 2013

Why Fed taper in Dec is a remote possibility?

The end of Bernanke's tenure at the helm of the Federal Reserve is nearing, and while many pundits and commentators are raising the chances of taper in December, it is very likely that such projections will hit a wall of reality.

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