posted by
romil
3 days ago
in CAD
The reaction as far as the Canadian dollar is concerned has been fairly limited. The currency weakened 0.2 percent to C$1.0225 per US dollar at 7:47 am in Toronto. It fell to as low as C$1.0238, after reaching C$1.0247 on May 21, the weakest level ...
posted by
forexalliancecom
3 days ago
in EUR, Fundamental, Special
The single currency continues lower as the EU summit has commenced and tensions are high that actionable comments or resolutions will not surface following the meeting. In particular, will be focus on whether or not German Chancellor Angela Merk
posted by
ejc
3 days ago
in EUR, JPY, Technical
It comes out of no where and it comes in waves, the selling in EUR/JPY today. So far we’ve been unable to identify the seller, but it is being done in such indiscriminate fashion that it feels almost like a margin call....more.
posted by
ejc
3 days ago
in JPY, Technical, Daily
The USDJPY giveth and the USDJPY taketh away. Yesterday, the pair rallied strongly on the Fitch downgrade. Today the BOJ kept rates unchanged with no change in bond purchase program and the price came tumbling down...more.
posted by
preeti00
3 days ago
in Technical, Daily, Gold
MCX Gold is still trading in red and is same in case with the silver mcx, the bullion metals are trading in a down trend and is advised to trade in bullion metals with caution and is advised to sell bullion metals.
posted by
WiredDeal
3 days ago
in all
The GBP was a noted underperformer with the Bank of England inflation report suggesting more QE was very possible going forward. GBP/USD was notably weaker for the week. The GBP/USD lost 1.56% closing at 1.5828 after opening at 1.6078.
posted by
Pete
3 days ago
in EUR
Gyula Pleschinger, state secretary at the Economy Ministry has noted that talks may start earlier, ie after revisions to the Central Bank Act are passed in early June. "My sense still is that the current amendments to the law do not go far enough to ...
posted by
FXTimes
3 days ago
in USD, EUR, Technical
The EUR/USD fell from slightly above 1.28 starting in the 5/22 Asian session after it developed a bearish divergence with the RSI in the 1H chart. It has since fell sharply but is now testing (and cracking) the 1.2625 support pivot see in the dai
posted by
kiran1010
3 days ago
in Technical
Is falling Rupee creating challenges for the Indian economy ?
posted by
FXTimes
3 days ago
in USD, JPY, Fundamental
The Bank of Japan met during the 5/22 Asian session to discuss monetary policy. The market has been pricing in more stimulus even though Shirakawa had spoke again st it. The BoJ added 10 tillion yen to its asset purchase program last month to mak
posted by
arjay
3 days ago
in USD, EUR, JPY, GBP, CAD
... minutes and a weaker-than-expected domestic retail sales data for April. Bank of England's Monetary Policy Committee (MPC) decided to halt GBP 325 billion bond purchase programme in May through a split vote, the minutes of the meeting showed.
posted by
provision
3 days ago
in USD, GBP, CAD
At the two-day meeting, policymakers halted its quantitative easing at GBP 325 billion and retained record low 0.50 percent interest rate. In the meantime, the Office for National Statistics is scheduled to release UK retail sales data.