China To The Rescue?
(Click chart to enlarge) Loonie (CAD): The Loonie is lower across the board as money flows move to the Kiwi on deteriorating economic conditions and interest rate expectations for NZ. In addition, oil prices are slightly lower, adding additional ...
Loonie Declines for a Second Day as U.S. Growth Trails Forec
The Canadian dollar slid for a second straight day against the greenback after reports showed the U.S. economy expanded at a slower rate than analysts forecast and initial jobless claims unexpectedly increased and oil fell.
IMF Greece Scare hurts Euro
The Japanese Yen (JPY) USD/JPY crashed on the back of US data missing expectations finding support in the lower Y81 region. Most crosses bounce however with equities late in the US session. Overall the USD/JPY traded with a low of 81.07 and a high of ...
AUD's trajectory turns north
Following on from a strong domestic session yesterday, the Aussie dollar continued its upward trajectory overnight to once again make a convincing break of 106 US cents
EUR/USD Outlook May 30 – June 3
The Euro managed to stabilize and retrace some of its falls, as the Greek crisis continues. How long will it last? The upcoming week consists of key inflation and employment indicators – keys to the rate decision. Here’s an outlook for the upcomi
3 Economic Themes Coming Your Way Next Week
What if the crazy price action we saw last week was just a warm-up for next week's salvo of big-hitting economic reports? Here's why you should pay attention to the three groups of reports coming your way next week.Read more: http://www.babyp
Momentum Builds In Bullion Trade
News wires are very quiet in regard to gold (1535) and silver (38.00) bullion-related issues. The recent moves to manipulate margin requirements and impact speculative interest in bullion markets seem to have had little overall effect, as the dip
Usd/Chf: Elliott Wave Video Analysis
Besides weaker GDP numbers than expected, Swiss franc remains in bullish mode against the US dollar. A decline from the past week appears to be an extended third wave move of an impulsive structure, so current bounce in such case must be a correc
The Thule Group Acquires Canadian Success Chariot Carriers Inc. - Strengthens ...
Chariot has a turnover of CAD 25 million (equals SEK 160 million and euro 18 million). The parties have agreed not to disclose the purchase price. "We have had our eyes on Chariot for some time. It is a genuine and consumer-oriented family company with ...
EUR/USD update (1st June 2011, 17:00)
General US dollar weakness also played its part, caused by a bleak ADP employment report and expectations that US manufacturing data will show a further slowdown in the US economy. However, data on industrial activity in the eurozone was provided ...
Cashing in on short-term CURRENCY TRENDS
Trends may be rarer than trading ranges, but that doesn’t mean they can’t be traded. This strategy uses two time frames to identify the trend, an overbought-oversold indicator to pinpoint entry and a trailing stop to protect gains on profitable t
BOE's Fisher Says He Would Consider Expanding Asset Purchases in Downturn
Still, he added he was somewhat reluctant since the threat of deflation subsided. Britain's economy expanded 0.5 percent in the first quarter, barely enough to offset the contraction in the final three months of 2010. An inflation rate that is more ...


