GBP/USD drops despite US inflation data, eyes Fed meet
Despite conflicting U.S. housing and pricing data, many investors remained parked in the dollar to await the Fed to make its announcement on interest rates and monetary policy on Wednesday followed by a press conference with Chairman Ben Bernanke...
Dollar mostly higher ahead of Fed commentary
The common currency got a lift Tuesday after data showed that the ZEW index of German economic sentiment improved to 38.5 in June from May's reading of 36.4. Analysts had ... AUD/USD fell 0.27% to 0.9462 while NZD/USD fell 0.15% 0.7980. The U.S....
Ichimoku Signal Wrap-up: GBP/USD - Sell at 1.5700
As the British pound has rebounded after intra-day selloff to 1.5565, suggesting first leg of correction from 1.5753 top has ended and consolidation above this level would be seen with mild upside bias for recovery to the Kijun-Sen (now at 1.5658
Today 19 June Commodity Mcx Gold silver Tips, Crude oil Natu
In Ncdex Gaur seed, (July) delivery for india is in egatiev face and the commodity is expected to continue to this position, if we see its current levels.Great Monsoon rain fall is predictable to stay the commodity movement downbeat in the short
USD/CHF Sharp drop to 0.9175 in European trade
The current bearish trend seems set to continue with the pair falling to new lows at 0.9175, approaching its four-month low at 0.9128, reached last week. The next impact on the USD/CHF is expected later today with the US Fed's statement on the economic...
Elliott Wave Forecast: USD/CAD - Buy at 1.0135
Although the greenback has rebounded after falling to 1.0137 late last week, reckon upside would be limited to 1.0225-30 and as long as 1.0250-55 holds, near term downside risk remains for the decline from 1.0421 top to bring one more fall, below
GBP/USD Pound Falls as UK Inflation Remains High
The BOE has already voiced concern that its inflation target of 2% is too low, and today's figures will only reinforce that concern. In the US, the markets got their first look at some key data. Building Permits and Core CPI, matched the forecast ...
Canadian Dollar to US Dollar (CAD/USD) Exchange Rate Declines on Fed ...
Although the Canadian Dollar climbed against its peers yesterday as local existing home sales data exceeded expectations, the commodity-driven currency fell against its US counterpart during local trade. The Canadian Dollar Exchange Rate was in the...
Markets Live: Stocks set to rise
Since Bernanke's May 22 ''could'' (start to taper) slip of the tongue - the ASX has lost 366 points, the AUD has dropped 2.93% and the Nikkei has lost 2340 points (admittedly the BoJ has also been a major influence as well and is seen as the second ...
Draghi Has an “Open Mind” on Non-Standard Measures
ECB (European Central Bank) President Mario Draghi said Tuesday that the ECB is considering more “non-standard” policy tools to use “if circumstances warrant”.According to the speech, ECB monetary policy has also “regained steering capacity” an
Ichimoku Signal Wrap-up: USD/CHF - Sell at 0.9250
Dollar's intra-day sharp retreat from 0.9262 to 0.9176 suggests correction from 0.9130 (last week's low) has possibly ended at 0.9272 earlier and consolidation with downside bias is seen for weakness to 0.9150-60, however, break there is needed t
EUR/USD Dollar firms on US CPI data
Back in the US, the Census Bureau reported today that building permits for privately-owned housing units rose in May to a seasonally adjusted annual rate of 974,000, below the revised April rate of 1,005,000 but 20.8 percent above the estimated 806,000.


