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GBP/USD Outlook May 27-31 ...

The pound showed some movement in both directions, but ended the week with very modest losses, as GBP/USD close at 1.5122. Th

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EUR/USD Forecast May 27-3 ...

EUR/USD managed to recover an remain resilient in a week that saw a lot of turbulence. Can the euro remain stable or will the

posted by forexcrunch 2 hours 2 minutes ago read more >>
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AfDB Approves USD 100 mil ...

This facility will help address critical market demand for trade finance in Africa by providing support for trade in vital ec

posted by ritch 10 hours ago read more >>
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Confusing Comments of Fed ...

The major theme of this week was speeches of various Federal Reserve members and, most importantly, Chairmen Ben Bernanke. Co

posted by commodityblog 16 hours ago read more >>
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Forex Technical Analysis ...

Technical analysis in form of pivot points, support/resistance levels and Fibonacci retracements for the next Forex trading w

posted by commodityblog 19 hours ago read more >>
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Gold Traders Most Bullish ...

Gold continues to recover from bearish sentiments for now. Good reading from bloomberg.

posted by thegeekknows 20 hours ago read more >>
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Forex Weekly Outlook May ...

The US dollar already reached new highs, but eventually retreated and corrected after two weeks of strong gains. US Consumer

posted by forexcrunch 1 day 34 minutes ago read more >>
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USD/JPY Weekly Fundamenta ...

What is most important is to influence the real economy through various channels and bring a virtuous circle in three fields

posted by post-it 23 hours ago read more >>
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Loonie Closes Lower as Co ...

The Canadian dollar fell today as commodities declined on talks that riskier assets have gained too much in the previous days

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Fitch Affirms Lucia Mar U ...

STABLE ECONOMY: Local economy's strength is evidenced by stable assessed values (AV), relatively low unemployment rates, aver

posted by Gimmy 1 day 9 hours ago read more >>
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The Core US Durable Good Orders- this morning

posted by Avatar caseystubbs 1 day 14 hours ago in USD, Fundamental made popular 1 day 12 hours ago

The Core US Durable Good Orders- this morning  read more
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CURRENCIES: JPY Resumes Advance Vs. USD

posted by Avatar olivia 2 days ago in USD, JPY made popular 1 day 23 hours ago

Abe, since his election in December, has been the force behind aggressive measures to spur Japanese economic growth and defeat long-running deflation. The Bank of Japan in April launched a massive monetary-stimulus program that accelerated the yen's ...  read more
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Kuwait crude price loses USD 1.30 to stand at USD 98.25 pb

posted by Avatar RiskTaker 1 day 14 hours ago in USD made popular 1 day 13 hours ago

KUWAIT, May 24 (KUNA) -- Kuwait Petroleum Corporation (KPC) said on Friday that the price of Kuwait's crude oil slipped by USD 1.30 in Thursday's trading to settle at USD 98.25 per barrel (pb) compared with USD 99.55 a day earlier. The KPC noted that ...  read more
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EUR/USD: Euro Advanced As Risk Appetite Improved, Trading Lo

posted by Avatar GAINSY 1 day 21 hours ago in USD, EUR, Fundamental made popular 1 day 18 hours ago

For the 24 hours to 23:00 GMT, EUR rose 0.62% against the USD and closed at 1.2923, as risk appetite improved among investors following the release of upbeat US jobless and housing data. Moreover, positive Euro-zone PMI data also added to the opt  read more
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Intraday Statement: EUR Lifted Mildly by German Ifo, USD Ste

posted by Avatar GAINSY 1 day 17 hours ago in USD, EUR, Technical made popular 1 day 15 hours ago

Euro was lifted mildly earlier today by better than expected German confidence data. The Ifo business climate index rose to 105.7 in May, up from 104.4 and beat expectation of 104.4. That's the first rise in the index since February. Current asse  read more
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US Dollar (USD) Exchange Rate Dollar rises from 1-week low as Durable ...

posted by Avatar LadyBroker 1 day 14 hours ago in USD made popular 1 day 10 hours ago

The US Dollar index has strengthened after data showed that US durable goods rose by a higher-than-expected margin in April, raising optimism that the US manufacturing sector is set to recover strongly in the second half of the year. According to the ...  read more
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AUD/USD: Australian Dollar Snaps Its Previous Session Gains

posted by Avatar GAINSY 1 day 22 hours ago in USD, AUD, Fundamental made popular 1 day 20 hours ago

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 0.9683.

LME Copper prices declined 2.6% or $194.5/MT to $7285.5/MT. Aluminium prices declined 0.6% or $11.5/MT to $1826.0/MT.  read more
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Pound Sterling to US Dollar Exchange Rate (GBP/USD) Gains Support as Fed's ...

posted by Avatar ceronueve 1 day 21 hours ago in USD made popular 1 day 20 hours ago

The trio of mildly satisfactory data boded better for QE3 slowdown bets, although this USD-positive notion was barely felt in the Pound to US Dollar exchange rate. The only significant economic data release to come out of Britain yesterday was the ...  read more
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Fitch Affirms Lucia Mar USD, CA's GO at 'AA-'; Outlook Stable

posted by Avatar Gimmy 1 day 12 hours ago in USD made popular 1 day 9 hours ago

STABLE ECONOMY: Local economy's strength is evidenced by stable assessed values (AV), relatively low unemployment rates, average income levels, and a growing retirement community. LOW DEBT: Overall debt burden is low, with no additional debt ...  read more
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Loonie Closes Lower as Commodities Decline

posted by Avatar commodityblog 1 day 8 hours ago in USD, CAD, Fundamental made popular 1 day 7 hours ago

The Canadian dollar fell today as commodities declined on talks that riskier assets have gained too much in the previous days. Such speculations reduced the appeal of currencies tied to performance of raw materials.  read more
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Intraday Forecast: USD/JPY ; USD/CHF ; GBP/USD ; EUR/USD

posted by Avatar GAINSY 1 day 17 hours ago in USD, Technical, Daily made popular 1 day 15 hours ago

USD/JPY: No change in USD/JPY's outlook. Consolidation from 103.73 is still in progress and more sideway trading would be seen. In case of deeper fall, downside should be contained by 99.94 support and bring another rally. Above 103.73 will targe  read more
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Ichimoku Signal: GBP/USD - Sell at 1.5180

posted by Avatar GAINSY 1 day 23 hours ago in USD, GBP, Technical made popular 1 day 21 hours ago

Despite yesterday's initial fall to 1.5014, the subsequent rebound suggests consolidation above this level would be seen and near term upside risk remains for retracement to 1.5145-50 (50% Fibonacci retracement of 1.5282-1.5014), however, reckon  read more