posted by
chocolatmousse
4 days ago
in CHF, NZD
The New Zealand dollar, along with other commodity-sensitive currencies, has taken a hit in the recent weeks after the return of the European debt crisis and political uncertainty in Eurozone. On Tuesday, the Kiwi gave up ...
posted by
victoryismine
4 days ago
in USD
For the time being, our near-term outlook remains biased towards further weakness in foreign currencies against the US dollar, comments Nick Bennenbroek, Head of Currency Strategy at Wells Fargo Bank. Trading foreign exchange on margin carries a high ...
posted by
Regon
4 days ago
in USD
GBP/USD slipped to a marginal new low of 1.5760 and continues to trade at the bottom-side of today's range, currently at the 1.5770 area where it prints a 0.4% loss since opening. From a technical view, "The GBP/USD found a strong resistance at 1.5840 ...
posted by
dennis
4 days ago
in USD, EUR, GBP
By Daniel Dicker The Euro slipped to an overnight low of 1.2736 as the Organization for Economic Cooperation and Development lowered its 2012 and 2013 growth forecast for the euro-area, and the single currency may face additional headwinds over the ...
posted by
EJSuratos
4 days ago
in EUR, Special
Were the G8 leaders able to form concrete solutions last weekend, or was the meeting just an opportunity to watch the UEFA Champions League final together? Here's what we can take away from the latest G8 meeting.
posted by
EJSuratos
4 days ago
in USD, JPY, Special
Good morning! For my trade idea this week, I like a technical setup on the USD/JPY daily that may be supported by another potential monetary policy event from the Bank of Japan. Is it time to sell Japanese Yen again?
posted by
commodityblog
4 days ago
in USD, EUR, Fundamental
EUR/USD was trading sideways till 11:30 GMT and than sharply fell. The decline continues as of now.
posted by
forexalliancecom
4 days ago
in EUR, Technical, Daily
The single currency failed to overtake the pivotal 1.2800 figure, which is being reinforced by the 200 hourly EMA. The barrier is likely to cause further suppression of Euro gains, against the US dollar in the near term. The notion is increasin
posted by
FXTechstrategy
4 days ago
in EUR, Technical, Daily
EURGBP- With the cross continuing to hold on to its upside recovery, there is risk of further correction higher.
posted by
forexalliancecom
4 days ago
in JPY, Fundamental, Special
In a not so surprising move, Fitch Ratings Agency announced a reduction in Japan’s sovereign credit rating today. Behind the decision to cut the world’s third largest economy’s credit rating was a ballooning public debt load and the recent inabi
posted by
FXTimes
4 days ago
in USD, JPY, Technical
USD/JPY pushed above the 79.40 resistance and is now approaching the 80.00 handle in the 5/22 US trading session. The 80-80.20 area contain a declining trendline, and the 23.6% retracement level of the 84.16-78.97 swing. The market is rallying ah
posted by
FXTimes
4 days ago
in GBP, Fundamental, Daily
Recent GBP-weakness has to do with the Bank of England putting QE and basically the idea of monetary stimulus back on the table. This was not a viable option when the inflation rate was above the target of 2.0%. However as Mervyn King mentioned i