Daily Sound Bites - Daily FX - 2 hours, 16 minutes ago
DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market .....  

U.K. Manufacturing and Industrial Outputs Disappoint, Industrial Orders Hit 9-Month High - Daily FX - 2 hours, 23 minutes ago
U.K. manufacturing production for October crossed the wires weaker than expected, with outputs hold flat during the month after rising a revised 1.3% in September, with economists’ expectations of 0.5%, providing a reading that the economy may have shaken off the longest recession on record but at a slow pace.

U.K. and German Industrial Porduction Miss Estimates Raising Growth Concerns - Daily FX - 2 hours, 37 minutes ago
German Industrial production in October unexpectedly fell by 1.8% following three straight months of positive gains. The drop in activity follows a 3.1% improvement in September as manufacturing and mining contracted by 1.6%.

British Pound Remains Range-Bound, Euro Holds below 50-Day SMA as Economic Activity Falter - Daily FX - Tue 7:01 am ET
The British Pound tumbled to a low of 1.6326 during the overnight trade as the economic docket reinforced a weakened outlook for future growth, and fears of a protracted recovery in the U.K. may continue to drag on the exchange rate as investors weigh the prospects for monetary policy going forward.

Bank of Canada Takes Center Stage in North American Session - Daily FX - Tue 6:22 am ET
Fed Bernanke’s comments on Monday have once again indirectly put pressure on the USD after the Fed Chair mitigated the latest impressive round of US employment data and reiterated that rates would remain low for an extended period of time.

Oil Prices Break Support, Gold Rebound May Continue - Daily FX - Tue 5:50 am ET
Oil prices have taken out major technical support, losses likely to accelerate from here. Gold has rebounded as expected and further near-term gains may be ahed from here.

US Dollar May Gain as European Stocks Follow Asia Lower on Bernanke Speech - Daily FX - Tue 2:25 am ET
The US Dollar may capitalize on a return to risk aversion as European stock exchanges follow Asia lower after US Federal Reserve Chairman Ben Bernanke said the world’s biggest consumer market still faces “formidable headwinds”, dimming the outlook for global growth.