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Canada's first 2011 rate hike now seen in July: poll

posted by Avatar chuzzle 415 days ago in USD, EUR, CAD, Commodities made popular 415 days ago

The Bank of Canada is widely expected to make its first interest rate hike of 2011 in July, as it balances rising economic growth against tame inflation and a high-flying Canadian dollar. The central bank is expected to ...  read more
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EURO needs a rate hike

posted by Avatar chuzzle 418 days ago in EUR, CHF

The USD is higher against the EUR -0.26%, CHF -0.11% and JPY -0.05% and lower against GBP +0.14%. The commodity currencies are weaker this morning, CAD -0.01% and AUD -0.10%. The loonie has bettered its three year high on the back of stronger commodity ...  read more
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Singapore Stocks-May open higher on US data; Keppel Corp in focus

posted by Avatar chuzzle 419 days ago in USD, JPY made popular 419 days ago

[ID:nL3E7F3031] ----------------------MARKET SNAPSHOT @ 2349 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1332.41 0.5% 6.580 USD/JPY 84.26 0.14% 0.120 10-YR US TSY YLD 3.4496 -- 0.000 SPOT GOLD 1430.29 0.16% 2.310 US CRUDE CLc1 108.37 0.40% ...  read more
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Yen Weakness Persists, Euro Steady against Dollar

posted by Avatar chuzzle 423 days ago in USD, EUR, JPY, CHF, CAD, AUD made popular 423 days ago

Yen's weakness remain the main focus in early US session as EUR/JPY and AUD/JPY continue to lead other yen crosses up. After taking out key near term resistance of 115.96, EUR/JPY soars further through 117 level while AUD/JPY also jumps through 85 ...  read more
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International Call Provider Lebara Mobile to Enter Money Share Market

posted by Avatar chuzzle 432 days ago in GBP made popular 432 days ago

The global remittance industry is one of the few sectors that has defied the current recession and is estimated to be worth GBP 500 billion globally. The UK is one of the top 10 remittance-originating countries worldwide, with approximately GBP 2.4 ...  read more
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Daily Chart Art - March 17, 2011

posted by Avatar chuzzle 437 days ago in Technical, Daily made popular 436 days ago

Talk about a wild Wednesday! Did y'all catch those moves yesterday? There's no need to be sad if you didn't because I whipped up these spankin' setups on EUR/USD, GBP/USD, and AUD/USD for you to reel in some pips today!  read more
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Daily Economic Roundup - March 17, 2011

posted by Avatar chuzzle 437 days ago in Fundamental, Daily made popular 437 days ago

Did y'all see those moves on the yen?!? It's now at an all-time high! Read up to find out what the heck is happening in the forex markets!  read more
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TSX slips despite recovering commodities

posted by Avatar chuzzle 437 days ago in JPY made popular 437 days ago

The Canadian dollar shed early gains to move down 0.12 of a cent to 101.51 cents US after uncertainty about Japan and falling oil prices had pushed the loonie down more than a cent on Tuesday. The decline also came amid good news on the economic front. ...  read more
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Serbian January Trade Deficit Widens

posted by Avatar chuzzle 437 days ago in Economic Indicators made popular 437 days ago

Serbia's trade deficit increased 25 percent year-on-year to EUR 429.6 million in January, data released by the Statistical Office of the Republic of Serbia revealed Tuesday. Exports increased 35.2 percent to EUR 540.5 million in January ...  read more
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Euribor 3-month rates up, below last week's highs

posted by Avatar chuzzle 439 days ago in USD, EUR, JPY made popular 439 days ago

The three-month Euribor -- traditionally the main gauge of unsecured interbank euro lending and a mix of interest rate expectations and banks' appetite for lending -- rose to 1.174 percent from 1.173 percent on Friday. However, rates in some maturities ...  read more
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Thursday Interest Rate Brief

posted by Avatar chuzzle 443 days ago in USD, GBP, CAD made popular 443 days ago

The December contract now implies 10 basis points less than at its highest price last week in the aftermath of Trichet's pre-announcement that it should be no surprise if rates were to rise next month. Canadian bills Bond buying and stock-bashing ...  read more
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NZ slashes interest rates in wake of quake

posted by Avatar chuzzle 444 days ago in AUD, NZD made popular 444 days ago

Against the Australian dollar, the kiwi fell to 137.37 NZ cents, its lowest level since June 1992 according to Bloomberg data. Key sent the local dollar lower last week after saying he'd welcome a rate cut. That would probably be my expectation, ...  read more