posted by
jed
1420 days ago
in USD, CAD, Technical
An interesting day on the usd to cad daily candle chart yesterday, with the currency pair finishing the day with a long legged doji, indicative of indecision and therefore a possible turning point.
posted by
WebMarket
1420 days ago
in USD, GBP, Inflation
Residents in the United States and the United Kingdom are fearful of a blowout in inflation 2-5 years from now, while those in Europe expect inflation to remain at a low level, a J.P Morgan survey shows.
posted by
Tantan
1420 days ago
in USD, Fundamental, Housing
It would seem that the U.S. housing market - arguably the Achilles heel of the global financial morass - is finally looking up.
posted by
pipOhoLic
1420 days ago
in USD, Fundamental
Federal Reserve Bank of San Francisco President Janet Yellen said the US economy is showing the ''first solid signs'' of emerging from the recession and should resume growth later this year.
posted by
ForexPlaybook
1420 days ago
in USD, JPY, Technical
In addition to the general selloff of riskier assets, the USD/JPY is up against multiple resistance points at its current valuation.
posted by
currencyplus
1420 days ago
in USD, AUD, Technical
The pair is lower on profit taking amid rumors that two of China's largest commercial banks have had lending restrictions imposed. Moves followed large losses in Shanghai stocks. The pair fell sharply hitting stops after some traders entered new
posted by
fx360
1420 days ago
in USD, EUR, JPY
With Chinese stocks down 5 percent overnight, another wave of risk aversion has seeped into the currency markets. Since last week, we have been saying that the range trading in the major currency pairs is a reflection of hesitation and uncertaint
posted by
pipSyGirl
1420 days ago
in USD, EUR, Technical
EUR/USD is looking heavy. Yesterday we saw another failed attempt for breaking higher. If a market can’t break higher, usually it breaks lower.
posted by
pipSyGirl
1420 days ago
in USD, JPY, Technical
Yesterday Dollar/Yen failed to continue their climbing on Tuesday, and the currency couple fell to the 94.08 bottom. On the 1 hour chart quotes are currently testing the 94.00 support level.
posted by
friendlydude
1420 days ago
in USD, EUR, Technical
The pair edged lower on Tuesday after a report showed weaker than expected U.S. consumer confidence. The index declined 2.7 points to 46.6 in July, while the present situation and expectations index both decreased to 23.4 and 62.0 from 25.0 and 6
posted by
fx360
1420 days ago
in USD, EUR, GBP
Risk FX came under pressure in late Asian and early European trade today after the Shanghai equity market plunged more than -5% in the wake of fears that two of China’s largest banks may have curtailed corporate lending for the rest of 2009. AUD/
posted by
fx360
1420 days ago
in USD, GBP, AUD
The Shanghai stock market plunged more than -7% in late Asian afternoon trade before rebounding somewhat on rumors that two of China’s largest banks may have curtailed their lending for the rest of the year. The news sparked a fresh round of risk