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Canadian Inflation Soars In March

posted by Avatar stephenie 403 days ago in CAD, Economic Indicators made popular 403 days ago

The largest year-over-year increase since September 2008 cements expectations that the Bank of Canada will hike interest rates before summer. The alarming pace of headline inflation came as a surprise to economists calling for a 2.8 percent advance. ...  read more
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Zloty Weakens 2nd Day as Central Bankers Oppose Rate Increase

posted by Avatar stephenie 404 days ago in USD made popular 404 days ago

By Piotr Skolimowski - Mon Apr 18 09:52:22 GMT 2011 The zloty eased for a second day after two central bank policy makers said interest rates should not be increased in May. The Polish currency lost 0.1 percent to 3.9547 per euro as of 11:03 am in ...  read more
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GBP/USD Technical Analysis 15 April 2011

posted by Avatar stephenie 407 days ago in USD made popular 407 days ago

The value of the RSI indicator is neutral and calm, MACD is positive and quiet, while CCI has thinly crossed up the 100 line on the 1 hour chart, giving overall light long signals. 5:30 GMT+1 Buy GBP/USD at 1.6338 SL 1.6312 TP 1.6398, exit sent at 8:23 ...  read more
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GBP/USD up in Asian trade

posted by Avatar stephenie 409 days ago in USD, EUR made popular 409 days ago

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8896 and GBP/JPY rising 0.66% to hit 136.77. ForexPros.com - Forex Pros offers a diverse set of professional tools for Forex, ...  read more
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UK consumer price inflation rises less-than-expected in March

posted by Avatar stephenie 410 days ago in GBP, CHF

Following the release of that data, the pound was down against the US dollar, with GBP/USD slumping 0.62% to hit 1.6244. Meanwhile, European stock markets were down. The FTSE 100 shed 0.75%, the EURO STOXX 50 slipped 0.62%, France's CAC 40 dropped ...  read more
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European, US Stock-Index Futures Fall; BHP Billiton May Slide

posted by Avatar stephenie 410 days ago in EUR, Economic Indicators

Retailers including Marks & Spencer Group Plc may retreat after the British Retail Consortium said UK retail sales dropped by a record in March. Accelerating inflation squeezed households' finances and concern that employers will cut jobs prompted ...  read more
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Dutch Feb. Trade Surplus Rises

posted by Avatar stephenie 411 days ago in USD, EUR

The Dutch trade balance showed a surplus of EUR 3.9 billion in February, data from Statistics Netherlands showed Monday. The surplus for January totaled EUR 2.8 billion. Exports of goods grew 19 percent year-on-year to EUR 32.9 billion and ...  read more
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EUR/USD down on economic data

posted by Avatar stephenie 421 days ago in EUR made popular 421 days ago

Analysts had expected the unemployment rate to remain unchanged at 9.90% last month. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8831 and EUR\/JPY rising 0.63% to hit ...  read more
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Canadian Dollar Climbs To New Multi-day Highs Against Euro And Yen

posted by Avatar stephenie 425 days ago in USD, JPY, CAD made popular 425 days ago

The Canadian dollar rallied against its major rivals ahead of the New York session on Monday. The loonie touched a 13-day high of 83.64 against the yen and a 12-day high of 1.3729 against the euro around 7:30 am ET. ...  read more
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The EU politicians agreed on most items on the agenda

posted by Avatar stephenie 428 days ago in CHF made popular 428 days ago

EUR/CHF (SELL): Expectations of M&A flow (acquisition rumours) weaken the Swiss franc in a situation where it would normally be strengthened. EURO: The EU politicians agreed on most items on the agenda. The important decision about the financing of the ...  read more
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ForexLive US wrap-up: Sovereign debt prompts modest EUR/USD dip

posted by Avatar stephenie 431 days ago in EUR, Commodities

Oil firms to $105 in May futures EUR/USD slipped in early US trade after failing to overcome the latest barrier at 1.4250. The BIS was a seller into strength today. Portuguese and especially Irish concerns helped prompt profit-taking, sending EUR/USD ...  read more
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NZD/USD down in Asian trade

posted by Avatar stephenie 432 days ago in NZD made popular 432 days ago

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.04% to hit 1.3684 and EUR/NZD falling 0.01% to hit 1.9336. ForexPros.com - Forex Pros offers a diverse set of professional tools ...  read more