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Daily Market Updates

posted by Avatar Lacy 352 days ago in all made popular 352 days ago

However Meucci did state that the outlook for the UK's AAA credit rating remains stable, but the warning was enough to stir the foreign exchange market and the GBP/USD exchange rate fell to 1.6355, but this morning the rate had recovered to 1.6466 ... read more
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NZD/USD, AUD/NZD index Flows: Unchanged OCR accompanied by hawkish commentary

posted by Avatar Lacy 353 days ago in NZD made popular 353 days ago

Says that rate rises are needed over the next 2 years to contain inflation but countered it by saying that underlying inflation is under control and a high NZD is bad for the economy. Growth is projected to be strong and economic outlook has improved ... read more
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Sacre-Coeur Minerals Engages B & D Capital Partners as Corporate Financial Advisor

posted by Avatar Lacy 355 days ago in CAD

As compensation for its services, B & D will receive CAD$8000 per month in fees for the first three months of the agreement, $9000 per month for the second three months of the agreement, and $10000 per month for the remaining term of the agreement. ... read more
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EUR/USD down in U.S. trading hours

posted by Avatar Lacy 360 days ago in EUR made popular 360 days ago

By Forexpros.com Forex Pros The Euro was lower against the US Dollar on Wednesday after the release of US data on ADP Nonfarm Employment Change. EUR/USD was trading at 1.4382, down 0.10% at time of writing. The pair was likely to find support at ... read more
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Around the markets: Equities higher

posted by Avatar Lacy 362 days ago in CHF made popular 362 days ago

Most regional bourses are up by more than 1% and the risk-on atmosphere is very evident in the FX market with the JPY crosses higher across the board and even the CHF crosses are slightly higher on the session. Gold is trading at $1539/oz, ... read more
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EUR crosses march on

posted by Avatar Lacy 362 days ago in EUR, CHF made popular 362 days ago

EUR/CHF hasn't quite turned the corner and would need to break above 1.2250 to alleviate the bearish momentum but EUR/AUD is another pair now threatening to turn aggressively upwards. The content of this field will not be shown publicly. ... read more
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Loonie loses ground against US dollar ahead of interest rate announcement

posted by Avatar Lacy 362 days ago in CAD made popular 362 days ago

By Sunny Freeman, The Canadian Press | May 30, 2011 A Canadian dollar coin, or loonie, and an American dollar are balanced on a scale in Quebec City, Wednesday April 7, 2010. THE CANADIAN PRESS/Jacques Boissinot TORONTO - The Canadian dollar lost ... read more
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Rupee gains 8 paise against USD on dollar sale

posted by Avatar Lacy 362 days ago in USD

Dealers said that sustained sale of dollars by some banks and exporters due to weakness in the American unit overseas supported the rupee gain. Moreover, expectations of the US dollar's further fall on the back of last week's weak US economic data and ... read more
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Drop in Spanish Inflation Rate in May Raises Hopes for Economy

posted by Avatar Lacy 362 days ago in USD, EUR, Commodities made popular 362 days ago

Spanish inflation has accelerated more than in the euro region overall, spurred by a 35 percent surge in oil prices in the past year, even as the economy struggles to emerge from a recession with a 21 percent jobless rate. Spain is more sensitive to ... read more
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EUR/USD weekly outlook: May 30 - June 3

posted by Avatar Lacy 363 days ago in EUR made popular 363 days ago

The single currency also found support after European Central Bank President Jean-Claude Trichet said Thursday that policy makers were monitoring inflation carefully, fuelling expectations that the bank will hike interest rates again this year. ... read more
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Euro under pressure against major rivlas

posted by Avatar Lacy 370 days ago in EUR, AUD made popular 370 days ago

EUR/AUD is under slight pressure in this illiquid trading environment, trading now at 1.3260, 10 pips below its opening price. EUR/JPY is quoted at 115.54, in virtually the same place it opened the Asian trade. Trading foreign exchange on margin ... read more
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Fundamental Analysis: EUR/USD,USD/CHF,GBP/USD

posted by Avatar Lacy 372 days ago in CHF made popular 372 days ago

Fears regarding the outlook of the British economy are pushing the pair to the downside for the third consecutive week, where the sterling took temporary boosts from the rise in annual CPI to 4.5% which revived speculations the BoE will raise interest ... read more