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Dollar Rallies As Bernanke Announces He's Doing His Job

posted by Avatar ctrlaltdel 417 days ago in USD, JPY, GBP, CAD, AUD, NZD, Commodities, Economic Indicators made popular 417 days ago

However, with the price of oil backing off some, the Canadian dollar/loonie (CAD), Norwegian krone (NOK), and even the Russian ruble (RUB) get marked down But, I don't see this as a long-term trend or anything like that Again, it's another hiccup ... read more
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UK Pound Near Weakest Since November Versus Euro on Rates

posted by Avatar ctrlaltdel 428 days ago in USD, EUR, GBP, Economic Indicators made popular 428 days ago

Data yesterday showed UK retail sales fell more than economists estimated, stoking concern about Britain's recovery. Sterling depreciated 0.1 percent to 88.01 pence per euro as of 8:35 am in London. It yesterday reached 88.09 pence, the weakest since ... read more
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Fairfax Market Report including Shanta Gold

posted by Avatar ctrlaltdel 429 days ago in EUR, Commodities

Yen80.92/$ vs 80.82/$ SAr6.93$ vs 6.90/$ $1.617GBP vs 1.635/GBP Gold US$1440/oz vs US$1430/oz yesterday Prices have moved up to a record this morning as sovereign debt problems in Europe recapture investor attention and bolster safe haven demand. ... read more
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Daily Economic Roundup - March 21, 2011

posted by Avatar ctrlaltdel 433 days ago in Fundamental, Daily

The majors have been moving like crazy the past few weeks and they aren't showing any signs of stopping! Read my daily roundup to keep abreast of the latest happenings in the foreign exchange market homies! read more
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Cross-Eyeing: Awesome Bullish Pennant on GBP/JPY

posted by Avatar ctrlaltdel 433 days ago in Technical, Daily made popular 433 days ago

Whattup fellas! While waiting for that EUR/JPY potential trade of the year setup to ripen, I decided to set orders to buy GBP/JPY. Let's turn that Monday frown upside down with this breakout setup! read more
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Daily Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and NZD

posted by Avatar ctrlaltdel 435 days ago in USD, EUR, JPY, CAD, AUD

Subscribe to The Economic Monitor to get the day's most relevant news, data and anlaysis . The JPY shed nearly 4% against the USD and EUR this morning, pushing back above the key 80.00 barrier on the USD as global central banks made a concerted effort ... read more
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Yen rises to fresh all-time high versus US dollar

posted by Avatar ctrlaltdel 437 days ago in USD, JPY

Traders are nervously watching if the Bank of Japan will intervene in the currency market to stem yen gains. A stronger currency makes Japanese exports less competitive and hurts the economy. (Reporting by Wanfeng Zhou; Editing by Chizu Nomiyama) read more
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GBP/USD finds support at 1.6050 to extend above 1.6100

posted by Avatar ctrlaltdel 437 days ago in USD made popular 437 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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NZD drifts ahead of interest rate decision

posted by Avatar ctrlaltdel 445 days ago in NZD made popular 444 days ago

The New Zealand dollar eased below US74c against the greenback today, a day out from the Reserve Bank of New Zealand's (RBNZ) review of the official cash rate (OCR). At 5pm the NZ dollar was at US73.89c, down slightly from US74.07c at 8am and up from ... read more
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Canadian Dollar (CAD) Technical Major Currencies (2011-03-08)

posted by Avatar ctrlaltdel 445 days ago in USD, EUR, JPY, CAD, AUD made popular 445 days ago

The pair is moving within a narrow range near critical support 0.9700, which is finding a hard time in surpassing it due to the strong positivity appearing through stochastic. Some fluctuation is expected until reaching some negative momentum ... read more
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WRAPUP 1-Ahold, Carrefour try to boost appeal in tough mkts

posted by Avatar ctrlaltdel 450 days ago in EUR made popular 450 days ago

[ID:nLDE71O0PS] [ID:nLDE71O09B] Euro zone retail sales data for January are due at 1000 GMT. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Graphic on European retailers: r.reuters.com/gyz28r US, European consumer data: [ID:nN22277393] ... read more
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EUR/USD up on economic data

posted by Avatar ctrlaltdel 451 days ago in EUR made popular 451 days ago

... 187.00K. Analysts had expected US non-farm employment change to rise 175.00K last month. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.26% to hit 0.8492 and EUR/JPY rising 0.70% to hit 113.56. ... read more