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F&P Healthcare trading strength offset by high dollar

posted by Avatar cane 368 days ago in NZD made popular 368 days ago

The reduction in the full year result primarily reflects unfavourable exchange rate movements, expenses related to the establishment and expansion of manufacturing in Mexico and a non-recurring NZ$3.2 million distribution termination payment received ... read more
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Euro hurt by Greek debt worry; sterling rises

posted by Avatar cane 381 days ago in all made popular 381 days ago

Sterling GBP=D4 hit a 6-week high against the euro EURGBP=D4 after the Bank of England raised its medium-term inflation forecasts in its Quarterly Inflation Report, with markets now expecting a UK rate hike by year-end. BOEWATCH [ID:nLDE74A10B]. ... read more
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Westpac Institutional Bank Morning Report 11.5.11

posted by Avatar cane 382 days ago in NZD made popular 382 days ago

NZD ranged sideways between 0.7890 and 0.7960, held back by the IMF's comment the currency was overvalued. AUD/NZD ground slightly higher to a 1.3610-1.3640 range. US NFIB small business confidence slips to 91.2 in Apr. The second consecutive decline ... read more
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Morning View - Tuesay 10.05.11 ( MML LN - Medusa Mining)

posted by Avatar cane 382 days ago in USD, EUR, JPY, GBP, AUD, Commodities, Economic Indicators made popular 382 days ago

Japan - Japan's second largest home builder, Sekisui House ltd has stated that as a result of the devastating earthquake in March it expects that nation's biggest housing boom in at least 15 years as the rebuild effort takes force in the second half of ... read more
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AUD/USD consolidates gains; Trade balance eyed

posted by Avatar cane 383 days ago in AUD, Economic Indicators made popular 383 days ago

Bullish corrective movement extended to current 1.0800 area, where the pair now consolidates ahead of Australian trade Balance to be release in under two hours, expected quite positive. From a fundamental standpoint: "After ... read more
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Euro plummets after ECB meeting

posted by Avatar cane 383 days ago in EUR

by BHF-Bank Economics Department - BHF-Bank | View company's profile After Thursday's ECB Governing Council meeting, the euro surrendered its gains from the previous week. EUR-USD plunged by nearly four big figures from 1.49 to 1.45, ... read more
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NZD/USD down in Asian trade

posted by Avatar cane 395 days ago in NZD made popular 395 days ago

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.54% to hit 1.3525 and EUR\/NZD rising 0.56% to hit 1.8405. Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. ... read more
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Risk Appetite Keeps Dollar on its Back Foot

posted by Avatar cane 396 days ago in USD made popular 396 days ago

NEW YORK (BBH FX Strategy) -- The US dollar, after a brief consolidation overnight, fell back in the European session amid reports of accelerated buying of EUR, GBP and AUD from Middle Eastern names. The euro reclaimed the $1.46 handle following the ... read more
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Euro slips after Trichet, but dollar still seen wobbly

posted by Avatar cane 397 days ago in USD, EUR, JPY, Commodities

[ID:nN25194222] Against the yen the dollar slipped to a four-week low of 81.56 yen JPY=. The yen had been sold earlier this month as traders think quake-stricken Japan is even less likely than the United States to tighten its monetary policy for the ... read more
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NY Session: Risk sentiment stabilizes, but precious metals continue to remain ...

posted by Avatar cane 403 days ago in CHF made popular 403 days ago

by Forex.com Research Desk - FOREX.com | View company's profile The US dollar was weaker today versus its G10 counterparts, on average by 0.428%, with exception to the CHF and NZD. Risk sentiment stabilized a bit after yesterday's revision of the US ... read more
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Pound to euro rate in recovery mode

posted by Avatar cane 408 days ago in EUR, GBP made popular 408 days ago

After a brief sell-off in response to some confusing UK employment data, GBP EUR steadily recovered to finish on the front foot around 1.1275. The Pound to Dollar rate is 0.442% higher with 1 GBP = 1.6345 USD. The Pound to Euro rate is 0.034% higher ... read more
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Traders Await ECB Rate Decision

posted by Avatar cane 417 days ago in USD, EUR, JPY, AUD

The EUR/CHF was off its 5-week high at 1.3112 from 1.3150. The EUR/JPY was unchanged at 119.72. Market participants are split as to the severity of the interest rate increases to come in the EU. In a speech yesterday, ECB President Jean-Claude did not ... read more