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Forex Daily Outlook – M ...

After two light days, today’s calendar is quite busy: a rate decision in New Zealand and the Federal Budget Balance are the

posted by forexcrunch 49 minutes ago read more >>
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Daily technical outlook 3 ...

EURUSD Support on the 61.8% of 1.3435-1.3735 at 1.3550 remains intact after the 2nd test but the euro’s recovery is limited

posted by liviuf 59 minutes ago read more >>
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Euro Mixed Ahead Of Germa ...

Germany's Federal Statistical Office is scheduled to release consumer price inflation figures for February and trade statisti

posted by Leong 54 minutes ago read more >>
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Strong consumer confidenc ...

THE Australian dollar closed higher after the release of a positive consumer confidence report as market expectations firmed

posted by Alice 54 minutes ago read more >>
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Forecast on JPY Crosses ( ...

EURJPY closed @ 12235 which was BELOW the open and breached the previous day's low. The High was 5 pips from Precise Trader's

posted by Precisetrader 1 hour 16 minutes ago read more >>
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Australian Home-Loan Appr ...

Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank Governor Glenn

posted by currencyplus 1 hour 10 minutes ago read more >>
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Forecast on USD Majors (E ...

EURUSD closed @ 13600 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader'

posted by Precisetrader 1 hour 29 minutes ago read more >>
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Aussie Touches 7-Wk High ...

The Australian dollar rose to its strongest in seven weeks before a report tomorrow economists say will show employers added

posted by dennis 1 hour 36 minutes ago read more >>
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Oil prices down in Asian ...

Oil prices extended losses in Asian trade today ahead of a closely watched report on energy demand in the United States, the

posted by Tantan 1 hour 43 minutes ago read more >>
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Gold Futures Edge Lower A ...

Gold futures ended lower on Tuesday on the COMEX Division of the New York Mercantile Exchange as dollar rose against the euro

posted by moneymatters 1 hour 43 minutes ago read more >>
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Light oil price trading lower on a stronger US dollar

posted by Avatar crunchy 51 minutes ago in USD, Fundamental, Oil

The US Light oil price declined nearly $2 a barrel in overnight trading on Tuesday as a stronger US dollar against the euro weighed on commodities including oil prices.  read more
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Euro slips vs. dollar after mixed German data

posted by Avatar PipChecker 52 minutes ago in USD, EUR, Fundamental

The euro slipped against the U.S. dollar on Wednesday, following the release of better-than-expected data on Germany's consumer price index and a disappointing report on the country's trade balance.  read more
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Euro Slides Against Dollar And Yen Amid German ExportsReport

posted by Avatar Holt 55 minutes ago in USD, EUR, JPY

In early deals on Wednesday, the euro declined against its US and Japanese counterparts after a report showed that Germany's exports fell for the first time in five months.  read more
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Bank of America Cuts Yen Target, Citing Kan’s Resolve

posted by Avatar Tottie 56 minutes ago in USD, JPY, Fundamental

Bank of America-Merrill Lynch cut its forecasts for the yen, saying Japanese Finance Minister Naoto Kan has a “stronger resolve” to temper gains in the currency than did his predecessor.  read more
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Technical view: Rupee, USD, Euro

posted by Avatar Alex 1 hour 4 minutes ago in USD, EUR, Technical

Technical: Euro is close to the short term resistance line at 1.37 and to the long term resistance line at 1.38. Thus the prices are expected to remain weak unless it breaks the downtrend and trades above the resistance lines.  read more
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Euro Ticks Up Vs Yen On Japan Importer Buying

posted by Avatar Buck 1 hour 10 minutes ago in EUR, JPY, Trade

The euro ticked up against the yen in Asia Wednesday, as Japanese importers buying the single currency on a regular settlement day set the tone of the market amid a lack of other trading cues.  read more
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U.K. Industrial Production Data Due

posted by Avatar LosingGain 1 hour 13 minutes ago in GBP, Fundamental, Manufacturing

Industrial production figures from the U.K. and France along with consumer price inflation data from Germany are due on Wednesday, headlining a busy day for European economic news.  read more
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Gold steadies as euro bounces; weak oil may weigh

posted by Avatar friendlydude 1 hour 17 minutes ago in EUR, Gold, Oil

Gold steadied on Wednesday after the euro bounced slightly higher against the U.S. dollar though weaker oil prices could prompt new selling, traders said.  read more
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The Soverign Debt Crisis: Is UK Next?

posted by Avatar Centralian 1 hour 19 minutes ago in GBP, Fundamental

The consensus view is that the Spanish will be the next target if they are unable to get their fiscal house in order. While we will not dispute the fragile state of Queen Sofia’s monarchy we believe the bigger problem is the UK. Queen Elizabeth h  read more
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Rubber Drops for 2nd Day on Japan Data, China Rate Concern

posted by Avatar Burum 1 hour 38 minutes ago in JPY, Fundamental, Manufacturing

Rubber declined for a second day after a drop in Japan’s machinery orders eroded investor confidence in the economic recovery, and concern that China may raise interest rates weakened demand.  read more
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Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)

posted by Avatar Precisetrader 2 hours ago in Technical, Daily

SPOT GOLD closed @ 11220 which was BELOW the open and was within prior day's trading range. The High was 2 Dollars from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 2. The Hourly Oscillators are Bullish but  read more
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Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

posted by Avatar Precisetrader 2 hours 4 minutes ago in Technical, Daily

USDCHF closed @ 10750 which was ABOVE the open and was within prior day's trading range. The High was 20 pips from Precise Trader's Res Tgt 2 and the Low was 20 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are MIXED and the pri  read more