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EUR/USD, chances are to trade higher in Europe - Charmer Charts

posted by Avatar BloodDiamond 381 days ago in EUR made popular 381 days ago

According to Carol Harmer, Principal Analyst at Charmer Charts, we should be able to trade higher this morning. "If we can manage to break the 1.4425 resistance further buyers will appear and they will be looking to drive this higher for 1.4470/85 ... read more
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EUR/USD hanging around lows

posted by Avatar BloodDiamond 383 days ago in EUR made popular 382 days ago

By Sean Lee || May 10, 2011 at 03:52 GMT The very strong Chinese trade data did inspire a very short risk-on burst but only for 15 or 20 pips. AUD/USD again challenged 1.0800 and failed again and the EUR/USD is looking rather weak heading into European ... read more
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Japanese Yen (JPY) Technical Major Currencies (2011-05-03)

posted by Avatar BloodDiamond 390 days ago in JPY

The pair continues to trade with a downside bias approaching the retest awaited that descended to 80.75 with the 23.6% Fibonacci correction. Momentum indicators are positive and accordingly we favor the intraday bullishness targeting 82.30. ... read more
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Fed announcement crushes US dollar

posted by Avatar BloodDiamond 390 days ago in USD, NZD made popular 390 days ago

Major currencies like the euro, sterling, aussie (AUD), kiwi (NZD), loonie (CAD), franc and yen all pushed stronger against the dollar. The US Dollar Index, a trade-weighted measure against a basket of currencies, has lost more than 8 per cent of its ... read more
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AUD/USD consolidates above 1.0900, RBA rate call awaited

posted by Avatar BloodDiamond 390 days ago in AUD

At the April 5 meeting, the RBA held at 4.75% and said inflation is consistent with the medium-term objective of monetary policy. Lastly, Mr. Laidi added: Last week, Q1 CPI jumped to 1.6% q/q compared to the 0.4% prior and 1.2% expected. ... read more
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EUR/USD fails at 1.4900 and retreats to 1.4840

posted by Avatar BloodDiamond 390 days ago in EUR made popular 390 days ago

EUR/USD has erased part of its intraday gains dropping more than 50 pips from during the American trade, after failing to break above the 1.4900 area. The pair set a fresh 17-month high at 1.4902 although the shared currency ... read more
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Bank of Japan holds key interest rate steady

posted by Avatar BloodDiamond 395 days ago in JPY

A statement on monetary policy released after the announcement showed that the Bank of Japan's nine-man policy board voted unanimously to maintain the interest rate at its current level. Following the decision, the yen was up against the US dollar, ... read more
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Yen, Dollar Advance as Middle-East Concern Boosts Safety Demand

posted by Avatar BloodDiamond 397 days ago in USD, JPY made popular 397 days ago

Gains in the dollar were tempered on speculation the Federal Reserve will discuss ways to keep interest rates low as a report today may show US home prices slid for a fifth month. The S&P/Case-Shiller index of home prices in 20 US cities for the 12 ... read more
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Australian dollar bites at US dollar's reserve currency status

posted by Avatar BloodDiamond 400 days ago in USD, EUR, JPY, AUD made popular 400 days ago

Central banks tend to make their moves methodically and gradually, so their influence on the Australia dollar will be one of steady support. The AUD is increasingly viewed as a reserve currency and less as a high beta risky currency, said Greg Gibbs ... read more
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increased demand improved profitability

posted by Avatar BloodDiamond 402 days ago in all made popular 402 days ago

Net cash from operating activities in the first quarter totalled EUR -10 million. EUR 93 million of cash was tied up in working capital mainly as a result of higher metal prices. Outokumpu's gearing at the end of the first quarter increased to 80.4% ... read more
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IB Interest Rate Brief - Markets under pressure as S&P points to US debt

posted by Avatar BloodDiamond 404 days ago in USD, EUR, GBP, CAD

Consultant Ernst and Young dulled their prediction for 2011 growth by half of one percent claiming that this supported an unchanged base rate outlook at the Bank of England. Canadian bills - Ninety-day bills of acceptance rallied along with other ... read more
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GBP/USD Technical Analysis 14 April 2011

posted by Avatar BloodDiamond 408 days ago in USD, GBP, CAD, AUD made popular 408 days ago

The value of the RSI indicator is positive and rising, MACD is thinly positive and inclining upwards, while CCI has crossed up the 100 line on the 1 hour chart, giving overall long signals. 5:30 GMT+1 Buy GBP/USD at 1.6295 SL 1.6269 TP 1.6355, ... read more