USD/CHF Ranging Between 0.9088 and 0.9264
The bearish bias we saw in the previous update did not materialize into a breakout to the downside. Instead the market edged lower but bounced off the 0.9088 level. A The 1H chart shows that this came after a bullish divergence with the RSI readi
GBP/USD Forecast February 10, 2012, Technical Analysis
GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this could simply be the st
USD/CHF Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
Chinese inflation higher; commodity prices lower
The currency certainly didn't. The NZD/USD just dribbled towards the bottom of its recent range around 0.8320. Yesterday's Chinese inflation figures provided some temporary headwinds for the NZD and AUD. The surprisingly firm result (4.5%y/y vs.
European market weakness hits Boliden
"The European metals market weakened ... during the period and base metal prices were, on average, lower in both USD (US dollars) and SEK (Swedish crowns) than in the preceding quarter," the company said. The company, which also produces gold, ...
Canadian Dollar Drops Most in a Month as Europe Witholds Greek Bailout
Canada's dollar weakened the most in a month against its US counterpart after European finance ministers held back a second bailout package for Greece, damping demand for riskier assets. The Canadian currency retreated past parity with the US dollar ...
Swiss Consumer Prices Drop Most in More Than Two Years on Franc's Strength
... per euro in September. Acting Chairman Thomas Jordan said on Feb. 7 policy makers remain firmly committed to defending the ceiling and that they stand ready to take further measures if the economic outlook and the risk of deflation so require.
GBP/USD: Trading The U.K. Consumer Price Report
In turn, a weak CPI reading could spark a sharp reversal in the GBP/USD, and we may see the exchange rate fall back towards the 38.2% Fibonacci retracement from the 2009 low to high around 1.5730-50 to test for near-term support.
Euro/USD Slightly Rose on Thursday–Daily Recap February 9
The forex market continued to dwindle during yesterday's trading despite's ECB decision to keep interest rate unchanged. The Euro slightly rose against the USD; other major currencies slightly appreciated against the US dollar including CAD. Gold
CAD Drops as Greek Story Takes Troublesome Turn
The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.
EUR/USD Bottom Now Behind Us - BNP Paribas
(Dow Jones via eFXnews)EUR/USD bottom now behind us, says BNP Paribas, which has a long-standing end-2Q forecast for the pair of 1.35 and an end-3Q forecast of 1.40."Our call for 2012 is very strongly that EUR/USD will likely .......
Euro/USD Daily Outlook –February 10
The Euro only slightly rose yesterday, despite the announcement of the ECB to keep rate unchanged and Greece's approval of the austerity plan needed to receive the recent rescue funds. There are many financial news on today's agenda including Ame


