Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and NZD
However, the sterling is off its overnight best against the dollar after a separate industry report said that the British economy has slipped back into recession. BoE member Adam Posen also told reporters this morning that he believes the BoE should ...
NZD/USD Fundamental Analysis Feb. 3, 2012 Forecast
Federal Reserve Bank of Dallas President and Federal Open Market Committee (FOMC) voting member (2008 and 2011) Richard Fisher is to speak. FOMC members are responsible for setting the benchmark interest rate and their speeches are closely watche
NZD/USD Forecast February 3, 2012, Technical Analysis
NZD/USD had a fairly quiet session on Thursday as traders awaited the Friday Non-Farm Payroll number. The daily candle is a small shooting star, and this suggests that the pair is more likely to fall than rise.
Australian, New Zealand Dollars Set for Seven-Week Gain Before Jobs Data
The so-called Aussie was 0.5 percent from a five-month high before the data forecast to show hiring rose in the world's biggest economy last month and the jobless rate stayed at its lowest in almost three years. New Zealand's currency, nicknamed the ...
NZD/USD down in Asian trade
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.07% to hit 1.2863 and EUR/NZD rising 0.15% to hit 1.5799. Disclaimer: Fusion Media would like to remind you that the data contained in this ...
Quakes, Australian job market boost exodus
The elevated level of the NZD creates another headwind for tourism operators to contend with. The net migration outflow recorded over 2011 has contributed to slower population growth, and has helped alleviate some of the pressure on the tight housing ...
NZD/USD Could Test 0.8380; Demand Unsatisfied
(Dow Jones via eFXnews)The NZD/USD could test 0.8380 in local trading after a quiet overnight session, ANZ Senior Dealer Alex Sinton says in a note. "Supply issues for buyers are accentuating the moves as underlying demand remains unsatisfied at
Gold retreats from 8-week high as dollar strengthens
Gold prices retreated from earlier eight-week highs above $1750 an ounce on Thursday as the dollar strengthened and equity markets eased, but the metal remained underpinned by strong investment appetite.
Romanian Central Bank Lowers Benchmark Interest Rate for a Third Time
Romania's central bank cut its benchmark interest rate by a quarter point for the third time in as many meetings to boost economic growth amid Europe's debt crisis while the inflation rate falls to post-communist lows. The Bucharest-based Banca ...
NZD/USD Fundamental Analysis Feb 1, 2012 Forecast
Housing Industry Association (HIA) New Home Sales measures the change in the number of newly constructed homes sold.A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be
Risk Appetite Reverses in Early US Trade- Euro Heavy as USD Advances
Weaker than expected US economic data prompted a reversal to the overnight rally in risk with the greenback going back on offense in early US trade. Here are the key levels to watch on the EURUSD and the NZDUSD. The New Zealand dollar is the strongest ...
Canadian Dollar Touches Strongest Level Since October Before Growth Data
There's a risk rally and the Canadian dollar is participating, said Firas Askari, head of currency trading at Bank of Montreal's BMO Capital Markets in Toronto, in an e-mail message. This will be a choppy market, and the euphoria of Europe agreeing ...


