AUD/USD Forex Forecast Review 4 Feb 12
This forex forecast review touches on the fundamental and technical aspects of the currency pair.
4 Reasons Why the RBA Will Cut Rates Next Week
After cutting rates twice in the last two months, market players are speculating that the RBA will go for strike three next week. Here are four reasons why.
Currencies Mixed After The Big NFP
The USD/CAD rebounded this morning after the gloomy employment conditions in Canada, as the Canadian economy added only 2.3k jobs in January while expectations were that the economy could add 6k jobs from December's reading of 17.5k, summing to 23.5k, ...
Top 3 Currency Market Movers – February 3rd
The Australian dollar bounced on optimistic US employment data, helping to penetrate resistance at at 1.0750 against the US dollar. However, as we head into afternoon trade, the major currency looks a bit weaker – only able to reach a session hi
Oil slightly higher on geopolitics surrounding the middle east
As I have been discussing in the newsletter oil prices have been driven by a variety of drivers and not solely by the macro or external drivers...direction of USD and equities...that have been the main drivers for an extended period of time.
Canadian Dollar Drops From Parity as January Job Growth Misses Forecast
I don't think the Canadian dollar will weaken off that much. The strength we've seen in the Canadian dollar has been pretty much related to US dollar weakness. The currency depreciated 0.2 percent to C$1.0016 per US dollar at 7:10 am in Toronto.
Portugal Bond-Market Rout Overstates Greek Likeness: Euro Credit
Enlarge image Portugal Bond-Market Rout Overstates Greek Likeness Portugal Bond-Market Rout Overstates Greek Likeness Mario Proenca/Bloomberg Portugal followed Greece and Ireland in seeking an international bailout last year as the euro-region crisis ...
Estonians Keep Faith in Euro a Year After Switch
Today, Estonia's economy is the fastest-growing in the currency bloc, consumers and businesses are paying lower interest rates, and business ties with Finland, a euro-member state and Estonia's main trading partner, are tighter than ever, ...
Morgan Stanley Tightens AUD/USD Stop
(Dow Jones via eFXnews) Morgan Stanley tightens its AUD/USD stop, to lock in profit as the pair continues to grind higher.Morgan Stanley targets 1.0890, having entered at 1.0560 with stops at........
Weekly Trading Update (February 3, 2012)
When trading the markets, if you focus only on making money, it 's very likely you will lose it all. When greed takes over, traders make huge mistakes, such as betting everything in one single trade, or not using any stop losses.
Singapore Stocks-Poor SIA earnings may weigh
----------------------MARKET SNAPSHOT @ 0007 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1325.54 0.11% 1.450 USD/JPY 76.13 -0.13% -0.100 10-YR US TSY YLD 1.823 -- 0.000 SPOT GOLD 1756.39 -0.17% -3.000 US CRUDE 96.61 0.26% 0.240 DOW JONES ...
AUD/USD Could Shoot To 1.20 Or Beyond, Says Citi
(Dow Jones via eFXnews) Citi analysts say the Australian dollar could strengthen to $1.20 -- or beyond -- from today's $1.071. Futures markets currently price in a 1-in-5 chance of AUD/USD hitting 1.20, Citi says, and a 1-in-10 chance of a ....


