posted by
GAINSY
19 hours ago
in USD, JPY, Technical
made popular 15 hours ago
Although current break of last week's high of 103.31 confirms recent upmove has resumed and further gain to 130.70-75 would be seen, near term overbought condition should prevent sharp move beyond 103.90-92 (50% projection of 98.58-102.77...
posted by
GAINSY
20 hours ago
in Technical
made popular 18 hours ago
The BOE minutes unveiled that all 9 MPC members voted for keeping the Bank rate unchanged at 0.5%, a record low since March 2009. Yet, 3 out of them, including Mervyn King, voted for expanding the asset purchases program by 25B pound to 400B poun
posted by
GAINSY
20 hours ago
in EUR, CHF, Technical
made popular 17 hours ago
EUR/CHF's rally accelerated today and break through 1.2568 key resistance. The development confirmed resumption of medium term rally. Intraday bias remains on the upside for long term retracement level at 1.2646 next. On the downside, below 1.514
posted by
GAINSY
21 hours ago
in Fundamental
made popular 17 hours ago
St Louis Fed President, James Bullard, a supposed hawk, has been bullying the 'single' currency bears into temporary submission ahead of today's FOMC meeting minutes or at least he should be held responsible for getting the ball rolling.
posted by
GAINSY
21 hours ago
in Fundamental, Retail Sales
made popular 19 hours ago
The Japanese yen dropped to a three-year low against the euro after Bank of Japan (BOJ) policy makers affirmed a plan to double the monetary base over two years and their statement made no reference to rising bond yields.
posted by
GAINSY
21 hours ago
in Fundamental
made popular 17 hours ago
The markets mostly remain on wait-and-see mood to hear what the Fed President Bernanke will say to end the suspense on 'to taper or not to taper' specs. The USD is broadly sold ahead of Bernanke’s testimony while the British pound registered a he
posted by
GAINSY
21 hours ago
in Fundamental, Retail Sales
made popular 18 hours ago
Bank of England's minutes of April's monetary decision showed a split among policymakers regarding the extension or the stop of their asset-purchase program, while U.K. jobless claims dropped in March.
posted by
GAINSY
21 hours ago
in Fundamental
made popular 20 hours ago
European shares opened mixed on Wednesday session as caution dominated markets ahead of minutes from the Bank of England and the United States Federal Reserve followed by Fed’s Chairman Ben S. Bernanke testimony before the Joint Economic Committe
posted by
EJSuratos
22 hours ago
in Fundamental, Daily
made popular 20 hours ago
Whoa! A handful of potential market-movers are scheduled today. Are you ready?? Read up on my Daily Forex Fundamentals report and find out all about them!
posted by
GAINSY
22 hours ago
in Fundamental
made popular 20 hours ago
Asian equity markets are mixed and contained within tight ranges ahead of the critical address by Fed Chairman Bernanke before the Joint Economic Committee in Congress on Wednesday morning. Bank of Japan statement - the key economic event of the
posted by
GAINSY
22 hours ago
in USD, EUR, Fundamental
made popular 20 hours ago
For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.2920, as investors risk sentiment improved, after two voting members of the Federal Open Market Committee (FOMC) eased concerns about the US central bank paring back it
posted by
caseystubbs
1 day 28 minutes ago
in USD, Fundamental
made popular 1 day 11 minutes ago
Since December of 2008, the U.S. interest rate has rested around the zero mark. The Fed is also running their quantitative easing program as an attempt to stimulate the economy.
