posted by
GAINSY
4 days ago
in USD, EUR, Technical
Although the single currency has retreated again after rebounding to 1.2930 yesterday, break of this week's low of 1.2843 is needed to signal recent decline has resumed and extend weakness to 1.2815-20, then towards 1.2790-00 but price should sta
posted by
GAINSY
4 days ago
in USD, JPY, Technical
Although the greenback has rebounded again after finding support at 101.83 yesterday and test of 102.68 (yesterday's high) cannot be ruled out, break of this week's high of 102.77 is needed to signal recent upmove has resumed and extend gain to..
posted by
Buck
5 days ago
in USD, EUR
On account of a light European economic calendar today, the US Reuters/Michigan consumer confidence index scheduled for release later today is expected to grab market focus for further insights into the pace of the nation's recovery. At 5 am GMT, the ...
posted by
commodityblog
5 days ago
in USD, CAD, Fundamental
The Canadian dollar dropped today as speculations about reduction of quantitative easing by the US Federal Reserve continued, trimming risk appetite of investors and making them less willing to buy risky currencies.
posted by
SoapBox93
5 days ago
in USD
The broader sense that the US recovery is still generally taking shape continues to be priced into the market. That view could be shaken in the coming days, but it would likely take a more notable data disappointments or strong comments from a Fed ...
posted by
likethewindmillsofanemptymind
5 days ago
in USD
Besides, the Ukrainian minister of agriculture will discuss with OPIC Senior Investment Officer John Didiuk cooperation in the construction of seed plants by U.S. companies in Ukraine, the development of agricultural market infrastructure, especially ...
posted by
aranel
5 days ago
in USD
BEIJING, May 16 (Xinhua) -- China's central government has allocated 58 billion yuan (9.4 billion U.S. dollars) for public rental housing projects for 2013, the Ministry of Finance announced Thursday. The money will be used to subsidize investment, ...
posted by
GAINSY
5 days ago
in USD, EUR, Technical
As the single currency has rebounded after holding above indicated support at 1.2843 (yesterday's low), suggesting consolidation above this level would be seen and retracement to yesterday's high of 1.2943 and possibly 1.2975-77 (38.2%...
posted by
GAINSY
5 days ago
in USD, JPY, Technical
Despite intra-day rebound to 102.68, as dollar has retreated after faltering below indicated resistance at 102.77 (yesterday's high), retaining our view that consolidation below this level would be seen and pullback to 101.50 would be seen, howev
posted by
GAINSY
5 days ago
in USD, Technical, Daily
Dollar weakens mildly again in early US session after another round of weaker than expected data. Initial jobless claims rose more than expected to 360k in the week ended May 11. While building permits improved to 1017k in April, house starts dro
posted by
forexbaby
5 days ago
in USD
... with the annual rate of inflation slowing to 1.2% from 1.7% in March. The reports came one day after data showed that the recession in the bloc deepened in the first quarter, with the economy contracting 0.2%, bringing the annualized rate of ...
posted by
GAINSY
5 days ago
in USD, CAD, Fundamental
It's another key day for US economic data. As debate heats up about the timing of a possible exit of QE3, economic data is becoming even more importan...