EUR USD Withstands Support Line, Bernanke to Testify
EUR USD has recovered slightly and is aiming to climb back up to the 1.3700 level. Intraday bias remains on the upside, as long as the currency pair maintain their price action above the 1.3569 minor support line. On the upside, if 1.3860 minor r
Crude rises eyeing Egypt ahead of EIA data
Saudi Arabia in 2007 threatened to pull out of a multibillion dollar Texas oil refinery investment unless the US government intervened to stop state company ...
Dollar mixed vs. rivals as U.S. Treasury yields support
During European early afternoon trade, the greenback was down against the euro, with EUR/USD easing up 0.09% to hit 1.3637. Earlier in the day, ...
ForexNewsNow Daily Market Outlook for February 9th, 2011
Today Forex Events for Traders to Watch1.Fed Chair Bernanke Testifies-the committee questions Bernanke and the unscripted responses can result in considerable exchange rate volatility.2.Australian Employment Report – This report for the Aussie
Euro eases on reports Weber not an ECB head candidate
Weber who has been considered a front-runner to succeed Trichet when his term expires in October, is regarded as a hawk on inflation, but often finds ...
Morning View - Wednesday 09.02.11 (AMX AU,CRB AU)
Yen82.44/$ vs 82.06/$ SAr7.21$ vs 7.23/$ $1.608GBP vs 1.611/GBP Gold US$1363/oz vs US$1356/oz yesterday - Prices are up this morning on the back of ...
EUR/GBP Edges Higher After U.K. Trade Gap Widens
Excluding volatile trade in oil and goods such as aircraft, Britain's goods trade deficit rose to GBP8.1 billion from GBP7.3 billion, its highest since ...
FX Markets Are Still Looking For A Clear Driver
This helped to protect the downside in EUR/USD, too. China raised interest rates by 25 basis points. The (trade-weighted) dollar made a very small dip after ...
Sterling’s rate sensitivity
So should the Bank of England be thinking about raising rates? This is the question that is going to be preoccupying sterling today and tomorrow as the Bank of England meets to discuss interest rates.
PV production technology: Veeco reports 4Q 2010 revenue of USD$300 million
The company also released financial guidance for the first quarter and full year 2011, projecting revenues of over USD$1 billion in 2011. ...
US Market Update: Dow -11 S&P -4.5 NASDAQ -8
Like markets, representatives are focused on inflation, and Bernanke has done his best to emphasize the non-existence of broad rising prices in the US. ...
How Long Can BOE Hold Out Before Hiking Rates? What A New CBI Report Tells Us
The heightened expectations around the Bank of England moving on interest rates because of the higher inflation helped bring the GBP/USD pair to its highest ...


