GBP/USD Trading at the February/March Consolidation Support
The GBP/USD has been very bearish since the BoE inflation report and Mervyn King’s testimony revealed that QE is still on the table. Inflation has been checked, and recent inflation data confirmed the trend of stabilizing prices. Lower commodity
Eurozone Current Account Logs Surplus In March
The surpluses were partially offset by EUR 8.8 billion deficit in current transfers. The 12-month cumulated seasonally adjusted current account posted EUR 9.6 billion surplus in March, which was around 0.1 percent of euro area GDP, compared with a ...
EUR/USD Technical Outlook – May 23rd
The euro has now broken through the 2012 low of 1.2627, trading at 1.2581 in the New York afternoon. The penetration of the yearly low now completes the triple top formation, indicative of a potential bout of consolidation ahead of the 1.2550 fi
ForexLive: Solid Selling Interst In USD/CAD Ahead Of 1.03
USD/CAD remains near the highest levels of the session at 1.0280. Option barriers at 1.03 are likely to be defended and the corporate order board is splattered with bids from there to 1.0360...more.
EUR/USD Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/USD continued to fall in today’s session. At present the euro is bringing 1.2734
Once again, it has been a fairly light day for eco data, so new flow controlled markets, news has also been mixed as the
Why Has Gold Fallen In Price And What Is The Outlook?
By Mark O`byrne Gold's London AM fix this morning was USD 1590.25, EUR 1245.20, and GBP 1005.34 per ounce. Friday's AM fix was USD 1588.00, EUR 1251.08 and GBP 1005.13 per ounce. Silver is trading at $28.45/oz, 22.37/oz and 18.06/oz.
Lower interest rates combined with risk off trades sends NZ$ lower against US$
Economic data showed the pace of US recovery has throttled back somewhat, while Chinese economic activity has yet to find a solid base. The ailing health of the Spanish banking sector was also the source of much hand-wringing. Mounting fears about the ...
USD/CAD breaks 1.03, housing in focus
By Adam Button || May 25, 2012 at 17:38 GMT The touted barriers that were protecting 1.03 in USD/CAD gave way as liquidity thins out. Worries about the Canadian house price market ebbed on today's data from CREA that showed a 0.8% rise but the details ...
Pound Falls as CPI & HPI Drop
The Great Britain pound fell against the US dollar today after reports showed that inflation slowed and house prices unexpectedly declined, adding incentive for the Bank of England to stimulate the economy. The currency advanced against the euro
Cowabunga System Daily Update: Thursday, 05/24/2012
It was a decent day as I was able to grab 15 pips off of two trades! See how it all went down in today's Cowabunga Surf Report.
Thailand - Market factors to watch - May 25
----------------------MARKET SNAPSHOT @ 0237 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1320.68 0.14% 1.820 USD/JPY 79.71 0.19% 0.150 10-YR US TSY YLD 1.7654 -- -0.017 SPOT GOLD 1555.76 -0.16% -2.490 US CRUDE 90.79 0.14% 0.130 DOW JONES ...
crude oil futures prices down may 23 2012
crude oil futures prices down may 23 2012 : Oil prices edged lower in Asian trade Wednesday, amid hopes of easing tensions between major producer Iran and the West


