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Shakeup in Euro Strengthens USD, CHF; Traders Await Meeting in July

posted by Avatar aranel 341 days ago in CHF made popular 341 days ago

The USD has been fairing well, especially relative to the euro. The change has been so pronounced that the strengthening USD may have pushed oil prices below $92 per barrel. This strengthening of the dollar may be because investors are weary of what ... read more
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Canadian dollar rises, anxiety over Greek default lessens; crude oil declines

posted by Avatar aranel 344 days ago in CAD made popular 344 days ago

Canadian dollars, or loonies are shown with US dollars on April 6, 2010. THE CANADIAN PRESS/Ryan Remiorz TORONTO - The Canadian dollar advanced against the greenback Friday morning amid rising hopes for a resolution to the Greek debt crisis and lower ... read more
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Research and Markets: All Other Miscellaneous Fabricated Metal Product ...

posted by Avatar aranel 344 days ago in Commodities

This report provides the most current data available, such as shipments, inventory and trade data through March 2011, and sophisticated forecasts up to 2015 accounting for the affects of the recent economic recession. Industry analysts consider this ... read more
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Michael Rowan / Here Comes The Sun

posted by Avatar aranel 345 days ago in Economic Indicators made popular 345 days ago

Here's what the nation gets from this profitable private investment: Over 3 years, USD 112 billion in new GDP -which is 40 percent of Venezuela's 2010 GDP; over 2 million sustainable jobs -reducing official unemployment close to zero; over 7 million ... read more
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Sterling falls, gilts pare losses after UK jobs data

posted by Avatar aranel 346 days ago in GBP

Sterling fell broadly and UK gilts pared losses on Wednesday after UK employment data showed the number of Britons claiming unemployment benefit rose at its fastest pace in almost two years in May. [ID:nAHLEHE7I8] The pound ... read more
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USD: Bearish Momentum

posted by Avatar aranel 349 days ago in USD, GBP made popular 349 days ago

NEW YORK (fxtechstrategy.com) -- Continued bearish momentum remains in force for the pound-dollar currency pair (GBP-USD), and the pair closed lower this week. Attention is shifting to the 1.6056 level, the pound-dollar's May 23 low. ... read more
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Westpac Global Markets Strategy Group: Us Data Surprise Index Breaks Lower ...

posted by Avatar aranel 351 days ago in CHF made popular 351 days ago

All other things equal, a less weak complexion to the US data and the accompanying likely higher US yields will certainly see the USD outperform JPY, CHF and probably EUR but the positive cue for risk appetite will keep AUD, NZD and CAD supported too. ... read more
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Canadian Dollar Begins Decline

posted by Avatar aranel 352 days ago in USD, GBP, CAD made popular 352 days ago

In April, I wrote a post entitled "Economic Theory Implies Canadian Dollar Will Fall," in which I argued that the currency's impressive rise was belied by fundamentals. It seems the gods of forex read that post; since then, the loonie has fallen 3% ... read more
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The Japanese yen hit a one-month high against the USD

posted by Avatar aranel 353 days ago in USD made popular 352 days ago

However, a stronger yen may prove untenable as Japanese authorities fear it may worsen its climb out the economy's deep recession amid the damages caused by this year's earthquake and tsunami. Commodity currencies are weaker against the USD after Fed ... read more
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Euro Buys Time!

posted by Avatar aranel 358 days ago in EUR, Economic Indicators made popular 358 days ago

(Click chart to enlarge) Loonie (CAD): The Loonie is mostly higher as oil is trading a 102 handle and yesterday's GDP figures showed increasing GDP figures. March's figures showed a .3% increase vs. an expected .2% increase, and this morning's rate ... read more
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EUR was able to fetch further 0.7 percent against the GBP

posted by Avatar aranel 358 days ago in EUR, GBP made popular 358 days ago

In addition, inflation climbed to 4.5 percent in April reaching its highest level since 2008. As a result, the EUR was able to fetch further 0.7 percent against the GBP and traded to 0.8860. In the first quarter of the year, consumer spending fell by ... read more
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Samson Oil & Gas Pays off Debt Facility, Advises on Operations

posted by Avatar aranel 361 days ago in AUD, Commodities made popular 361 days ago

Samson has a total of 1996 million ordinary shares issued and outstanding (including 269million options exercisable at AUD 1.5 cents), which would be the equivalent of 99.8 million ADSs. Accordingly, based on the NYSE AMEX closing price of US$2.75 per ... read more