The euro fell sharply lower on concerns about Greece’s fiscal position, along with the surprise nationalization of Hypo Group, a bank in Austria. The risk aversion strengthened the greenback, which was also higher against the Yen on the outlook for yields. http://www.fxtimes.com/commentaries/daily-market-recap-euro-continues-sliding-on-credit-worries-bank-nationalization/ CMS Forex Tue, 15 December 2009 17:00:00 EDT 2009-15-12 Despite a Tankan survey report that strengthened the Yen and risk aversion in the first hours of Sunday trading, positive news from Dubai overnight, and higher stocks in the US as a result of Citigroup paying back its TARP money, and Exxon engaging in acquisition activity helped to boost higher yielders in NY trading. http://www.fxtimes.com/commentaries/daily-video-recap-risk-appetite-has-tentative-return-to-start-week/ CMS Forex Mon, 14 December 2009 17:00:00 EDT 2009-14-12 Strong US retail sales and consumer confidence data gave the greenback a boost in today’s trading as it would further the case that the Fed will have to move up its timetable for tightening its loose monetary policy. The Euro fell below our weekly support, and commodity currencies gave up some of their mid-week gains. http://www.fxtimes.com/commentaries/daily-video-recap-strong-us-retail-sales-and-consumer-confidence-boosts-greenback/ CMS Forex Fri, 11 December 2009 17:00:00 EDT 2009-11-12 Today’s big news was November’s nonfarm payroll report which came in better than expected showing “only” 11K jobs lost for the month, while the figures for September and October were revised to show less jobs lost as well. The news knocked the unemployment rate back down to 10%. Currency markets responded by buying the greenback as the data implies a stronger recovery and shifts expectations about when the Fed may begin to tighten monetary policy and raise interest rates. http://www.fxtimes.com/commentaries/daily-video-recap-greenback-gains-as-nonfarm-payroll-report-surprises-on-upside/ CMS Forex Fri, 4 December 2009 17:00:00 EDT 2009-4-12 Today’s fundamentals included several pieces of data from the Euro-zone including the ECB interest rate meeting, revised 3rd quarter GDP figures and retail sales. From the US, jobless claims surprised on the upside, while the ISM services index fell back into contractionary territory. The Euro gave up some of its overnight gains in NY trading, while the greenback was stronger against the Yen, Pound and Loonie. http://www.fxtimes.com/commentaries/daily-video-recap-ecb-takes-steps-to-ease-cheap-lending-us-jobs-data-positive-services-data-disappoints/ CMS Forex Thu, 3 December 2009 17:00:00 EDT 2009-3-12 The greenback was stronger against the Euro and others as currency markets consolidated their gains from yesterday’s risk-appetite rally. With US stocks giving up early gains it was a chance for traders to square their positions prior to tomorrow’s ECB decision and friday’s non-farm payroll report. The Yen was weaker as the Japanese Finance Minister said the current rise in the Yen could not go on, while the Pound strengthened in European trade as those traders selling Euro’s moved into the Pound. Oil prices rose to a new record high, but commodity currencies did not move higher. In fundamental releases we got employment data from the US, producer price data from the Euro-zone, and the construction PMI from the UK. http://www.fxtimes.com/commentaries/daily-video-recap-euro-rally-stalls-out-yen-is-weaker-pound-strengthens/ CMS Forex Wed, 2 December 2009 17:00:00 EDT 2009-2-12 The Euro, Pound, Aussie and Loonie were all higher vs the greenback as risk appetite returned to markets on easing concerns over Dubai, positive fundamental data (excluding a weaker than expected us manufacturing report), and higher stocks and commodity prices. http://www.fxtimes.com/commentaries/daily-video-racap-higher-yielders-gain-on-greenback-despite-weak-ism-manufacturing-ism/ CMS Forex Tue, 1 December 2009 17:00:00 EDT 2009-1-12 The day was full of fundamental reports. Australia released reports on inflation, housing sales, and private sector growth; the UK posted data on consumer confidence, housing prices, consumer lending, and mortgage approvals; the Euro-zone releases its flash estimate for consumer prices; the US posted a better-than-expected Chicago PMI report; Japan released data on industrial production; Canada revealed its 3rd quarter GDP figures. Developments with Dubai were still a major consideration for risk sentiment coming out of the weekend. http://www.fxtimes.com/commentaries/daily-fundmamental-recap-us-chicago-pmi-better-than-expected/ CMS Forex Mon, 30 November 2009 17:00:00 EDT 2009-30-11 Currency pairs traded within their ranges from yesterday, though the Yen did break a level of support against the greenback. Data today showed the German recovery on track, while US GDP figures showed the economy growing less than initially reported in the 3rd quarter. US consumer confidence data surprised on the upside, while housing prices improved. http://www.cmsfx.com/en/forex-resources/video-news-and-analysis/daily-recap/11-24-09/ CMS Forex Tue, 24 November 2009 17:00:00 EDT 2009-24-11 In this feed, you will enjoy daily videos from CMS Forex which foucs on the day's fundamental news releases and daily market highlights. http://cmsfx.com