posted by
fx360
1395 days ago
in USD, CAD, Technical
made popular 1395 days ago
The Canadian dollar has been flirting with the 1.10 level for the past few trading days and even though the loonie soared on the heels on the strong retail sales report, a revival in consumer spending was not enough to drive USD/CAD below the ke
posted by
edzy
1395 days ago
in USD, EUR, Technical
made popular 1395 days ago
The dollar remained stuck in the mud versus other major currencies Wednesday morning in New York as traders looked to Capitol Hill for a second day of testimony on monetary policy by Federal Reserve Chairman Ben Bernanke.
posted by
MonteAmor
1395 days ago
in USD, EUR, Technical
made popular 1395 days ago
The EURUSD made indecisive movement yesterday, by opened and closed at almost the same price. On h1 chart below we have a broadening formation indicating a volatile market without a clear direction.
posted by
forexben
1395 days ago
in USD, EUR, Fundamental
made popular 1395 days ago
We are now seeing a slightly pull back in risk appetite, after a stellar day for the risk trade yesterday. FX markets remain well within their pre-defined ranges. Caterpillar's upside earnings surprise and China State Construction Engineering Cor
posted by
WiredDeal
1395 days ago
in USD, Gold, Metals
made popular 1395 days ago
Gold: Ben Bernanke, the US Federal Reserve Chairman, outlined the steps that the central bank can take to manage its rampant money printing exercise and curb inflation once the economy starts to recover. The dollar rallied on the news and gold sl
posted by
Rick2
1395 days ago
in USD, EUR, CAD
made popular 1395 days ago
During early European deals on Wednesday, the Canadian dollar edged down against its U.S., European and Japanese counterparts as oil fell below $65 a barrel today.
posted by
fx360
1395 days ago
in USD, EUR, Technical
made popular 1395 days ago
Since the start of the financial crisis of 2007 there has only been one trade across all the capital markets - risk on or risk off. As equities collapsed, the dollar and the yen gained while the euro, the pound and the Aussie along with oil and
posted by
LadyGodiva
1395 days ago
in USD, Fundamental
made popular 1395 days ago
I know people were going gaga over Bernanke's WSJ article, but I hope everyone realizes they can get better material directly from the Fed's website.
posted by
AussieTrader
1395 days ago
in USD, EUR, JPY
made popular 1395 days ago
The Japanese yen rose slightly against the dollar and euro in Asia Wednesday as short term players bought the safe haven Japanese unit on renewed concern that U.S. lender CIT Group Inc. may go bankrupt, further damaging the U.S. economy.
posted by
varna
1395 days ago
in USD, EUR, GBP
made popular 1395 days ago
The British currency lost against most of the 6 main traded currencies as a government institution affirmed that the crisis in the real estate market will persist until 2012, shunning investors from pound-prices assets, and stopping last week’s r
posted by
ACFX
1396 days ago
in USD, Technical, Fundamental
made popular 1395 days ago
Bernankes statements regarding the stabilising of the economy gave an overall positive reaction to trading yesterday. The seventh straight day for gains pretty much across the board for stocks being assisted by better than expected earnings for
posted by
currencyplus
1396 days ago
in USD, Fundamental, Inflation
made popular 1396 days ago
The economy is finally improving, but enough potholes lie ahead that the Federal Reserve needs to keep interest rates close to zero, at least until unemployment begins to come down, the Fed’s chairman, Ben S. Bernanke, told Congress on Tuesday.
