posted by
cbn
14 days ago
in Fundamental, Special, Inflation
The People's Bank of China (PBOC) announced a 50 basis point cut in the required reserve ratios (RRR) for deposit taking financial institutions, effective 18 May 2012. The new required reserve ratios will average 20.00% for large banks, and 18.0
posted by
forexalliancecom
16 days ago
in JPY, Technical, Special
Rebounding off of support at 79.60, the USDJPY currency pair may be running into a wall of resistance ahead of the 80.10 figure. A confluence of resistance is likely to present enough of a reason for short sellers to reinitiate – at least in the
posted by
forexalliancecom
16 days ago
in GBP, Fundamental, Special
As expected, the Bank of England kept interest rates unchanged for the month, leaving benchmark rates at 0.5%. The British central bank also decided to halt asset purchases to 325 billion pounds, a move that was anticipated by most market analys
posted by
forexalliancecom
17 days ago
in EUR, Fundamental, Special
Falling for the seventh straight session, the Euro declined again to test 1.2900 against the US dollar. With Greece in the news, bidders are finding it difficult to buy at certain support levels, allowing volatility to exacerbate the overall dow
posted by
forexpromos
18 days ago
in EUR, Sentiment, Special
Eur retreated 0.1% to $1.3034 and touched $1.2955, the weakest since January 25. The currency is clearly affected by political instability in the region
posted by
EJSuratos
19 days ago
in USD, Special, Employment
The NFP numbers are out! Sadly, they weren't as hot as the Avengers opening weekend. Should the declining NFP figures be a cause for concern?
posted by
EJSuratos
19 days ago
in USD, GBP, Special
Good morning Forex friends! I've been away for a hot minute, but I'm back with a potential day trade short on Cable. Will the recent consolidation area attract more traders to jump in the downtrend?
posted by
forexalliancecom
20 days ago
in EUR, Fundamental, Special
Anticipated by many market analysts ahead of the weekend, Francois Hollande became the first French Socialist president in 17 years – ousting incumbent French President Nicolas Sarkozy. The election win is significant as it stands as the first t
posted by
EJSuratos
20 days ago
in EUR, Special
Get some popcorn ready for tomorrow coz I have a feeling you'll be glued to the tube. It's not just because the next Game of Thrones episode is set to be aired, nope! Elections are also happening in France and Greece and word is that they could r
posted by
EJSuratos
22 days ago
in Weekly, Special
It's Friday baby and you know what that means! It's time to put on our work boots and start scanning the charts for setups to submit to the Trade of the Week contest!
posted by
forexalliancecom
22 days ago
in EUR, Fundamental, Special
This weekend could change things forever when it comes to France and the European Union. With French Presidential elections coming to an end, many in the market are wondering what will happen in the next six months if incumbent President Nicolas