Feedback Form

Just Added!

NZD/USD pushes lower on d ...

The NZD/USD has retained its bearish tone following a lower-than-expected NZ GDP data. The pair is currently trading at 0.785

posted by Alice 32 minutes ago read more >>
22 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Market Wrap for Wednesday ...

The Fed also kept its benchmark interest rate unchanged at 0.25 percent and reiterated its commitment to keeping rates near z

posted by commentary 47 minutes ago read more >>
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Bernanke outlined that 't ...

This is consistent with our view that domestic fundamentals (growth, interest rates and commodities) continue to provide supp

posted by Vanjo 4 minutes ago read more >>
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Did Bernanke Carve A Bott ...

The U.S. dollar soared against all of the major currencies after the Federal Reserve effectively green lighted a rally for th

posted by mattypark 2 hours 16 minutes ago read more >>
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

مشاهدة مباراة ...

posted by mohammedfathey 3 hours ago read more >>
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD Sinks After FOMC ...

FOMC did not change its monetary policy, but said that it looks like the economy this improving. Such view suggests that the

posted by commodityblog 15 minutes ago read more >>
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US court orders lobster p ...

Minister of Agriculture, Forestry and Fisheries (DAFF) Tina Joemat Pettersson has welcomed a New York court decision to pay S

posted by friendlydude 2 hours 32 minutes ago read more >>
23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Ichimoku Signal Wrap-up: ...

Despite intra-day retreat to 1.5603, as the British pound has rebounded after holding above indicated support at 1.5565, reta

posted by GAINSY 2 hours 47 minutes ago read more >>
39 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Ichimoku Signal Wrap-up: ...

As the single currency has continued to trade with a firm undertone after rising to 1.3416 yesterday, near term bullishness r

posted by GAINSY 2 hours 3 minutes ago read more >>
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Ichimoku Signal Wrap-up: ...

Dollar's near term sideways trading is expected to continue and the retreat from yesterday's high of 95.77 is likely to be li

posted by GAINSY 3 hours ago read more >>
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Upcoming News

4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR Loses to USD After Fed Meeting, Firm vs. Other Majors

posted by Avatar commodityblog 8 minutes ago in USD, EUR, Fundamental

The euro slumped against the US dollar as Federal Reserve Chairman Ben Bernanke said that the central bank will likely reduce stimulus by the end of the year. The currency was firm against some other majors, including the Great Britain pound and read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Economy grows just 0.3pc - half expected pace

posted by Avatar AnnaMata 18 minutes ago in NZD

"This was a genuine downside surprise relative to expectations, and therefore leans in the direction of later/fewer interest rate hikes and a lower NZD. However, the surprise was relatively small and does not alter the fundamental characteristics of ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EURUSD, AUDUSD Fall On Broad Greenback Strength - Nial F.

posted by Avatar Nial-Fuller 26 minutes ago in EUR, Technical, Daily

EURUSD, AUDUSD Fall On Broad Greenback Strength, 19th June 2013 read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

International financial news

posted by Avatar AnnaMata 50 minutes ago in USD

WASHINGTON - The Federal Reserve has trimmed its growth forecast for 2013 slightly and slashed its inflation outlook, suggesting it saw little threat to prices from its ongoing easy-money program. MADRID - Spain's biting recession may end soon but the... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/JPY break of 90.00 reveals further downside pressure

posted by Avatar shen 1 hour 18 minutes ago in AUD

According to analysts at NAB Global, The other key event this morning should be the China HSBC 'flash' manufacturing PMI, last at 49.2 and expected to show a small rise to 49.4. Anything worse than this risks fresh downward pressure on the AUD and... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD dips below 0.79

posted by Avatar cane 2 hours 18 minutes ago in NZD

About 1 hour away from NZ GDP figures are out at 22:45 GMT, the Kiwi dollar is last trading at 0.7875, off fresh weekly and 6-day lows at 0.7854, printed on the back of a massive rally in the USD across the board, after ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Did the Fed Carve a Bottom for the Dollar?

posted by Avatar commentary 2 hours 50 minutes ago in USD

U.K. retail sales are scheduled for release tomorrow and we are looking for an upside surprise that could help to stem some of the losses in sterling. Having broken below 1.56 and 1.55, the trend in the GBP/USD appears to have turned but whether these... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Agriculture Month

posted by Avatar vinia 3 hours ago in JPY, Commodities

It is not often that an impoverished Government turns down a twelve million USD Japanese grant, especially one whose terms have been negotiated to secure particular benefits to the people. All contractors were to have been local. There would have been... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Strong Reactions to the FOMC Statement and Press Conference

posted by Avatar FXTimes 4 hours ago in USD, Technical, Fundamental

FOMC, Bernanke press conference: The FOMC held its Feds Funds rate between 0 to 0.25% as expected. It is maintaining its rate of $85bln/month asset purchase for now, though the FOMC’s economic projection improved. Fed Chariman Bernanke held a pre read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Ichimoku Signal Wrap-up: USD/CHF - Sell at 0.9260

posted by Avatar GAINSY 4 hours ago in USD, CHF, Technical

Although dollar's near term sideways trading is likely to continue, yesterday's 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 remains for read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

A free lunch we cannot afford

posted by Avatar makino 5 hours ago in Commodities

Agriculture Minister Sharad Pawar has been consistently opposing expansion of the scope of the existing Public Distribution System (PDS) through the proposed Food Security Bill (FSB). He talks with conviction because of his first-hand experience of the... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

RBI to auction Rs 1000cr inflation bonds on June 25

posted by Avatar marius 5 hours ago in CAD

Both the government as well as the RBI are concerned over the rising gold imports adding to a record high current account deficit (CAD) at 6.7 percent in October-December quarter of FY13. India is the largest consumer of gold. saikat.das@network18online. read more