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EUR/GBP Pushes Below 0.80 with 0.77 In Sight

posted by Avatar FXTimes 12 days ago in EUR, GBP, Technical made popular 12 days ago

As the Euro falls on the weight of uncertainty, the GBP is resilient and treated like a safe haven. This has translated to the EUR/GBP falling below the 0.80 handle. The 4H chart shows a market in a persistently bearish trend, as the moving avera  read more
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ForexLive: AUD/USD Tests London Low

posted by Avatar ejc 12 days ago in AUD, Technical, Daily made popular 12 days ago

The AUDUSD took out the London morning low at 0.9964 but just barely (low reached 0.9962). The price has bounced up a bit – trading at 0.9971 currently....more.  read more
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Canadian Dollar Falls as Political Turmoil Reduces Risk Appetite

posted by Avatar piphole 12 days ago in CAD made popular 12 days ago

I don't expect the Canadian dollar to strengthen against the US dollar, but to stay relatively firm against everybody else, simply because the dollar is naturally going to get flight-to-safety flows as the crisis deepens. Canada's currency, nicknamed ...  read more
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US Dollar Gains Against Euro in Forex Trading

posted by Avatar MMarquit 12 days ago in USD made popular 12 days ago

US dollar is heading higher against the euro in Forex trading right now, gaining as concerns about Spain and Greece come into sharper focus.  read more
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Uncertainty lingers in the markets

posted by Avatar MonteAmor 12 days ago in USD, EUR, CHF, CAD, AUD made popular 12 days ago

The Swiss Producer Import Price figures will be released at 07:15 GMT, as the euro against the Swiss franc (CHF) remains in a narrow band just above the 1.20 floor. The Swiss National Bank (SNB) Chairman is due to speak at 15:45 GMT and investors are ...  read more
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EU’s Anti-Austerity/Bailout Voices Speak Loud and Clear

posted by Avatar eToro 12 days ago in EUR, Fundamental, Daily made popular 12 days ago

Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether  read more
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Greece, Spain Continue to Worry the Markets

posted by Avatar forexpromos 12 days ago in USD, EUR, AUD made popular 12 days ago

The formation of a new Greek government continues to be in limbo. Spain tries to safeguard banks against exposure to real estate markets. China cuts RRR.  read more
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MIDDAY UPDATE: NZ retail sales fall 1.5% in 1st quarter

posted by Avatar trader 13 days ago in USD, EUR, AUD, NZD, Economic Indicators made popular 13 days ago

New Zealand retail sales fell in the first three months of the year as people reined in spending on supermarket and grocery items after a spend-up during the Rugby World Cup ...  read more
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EUR/USD Weekly Fundamental Analysis May 14-18, 2012, Forecast

posted by Avatar Rex 13 days ago in EUR made popular 13 days ago

Introduction: Out of the major currency pairs the most popular and easy to trade currency pair is the EUR/USD. It has become so popular with traders these days that even when there is no visible trade to be had it is yet traded as a matter of habit.  read more
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Daily Technical Report: May 13, 2012

posted by Avatar William 13 days ago in CHF made popular 13 days ago

USD/CHF has extended gains from 0.9043 (1st May low) to breach the 0.9252 swing high posted on 16th April, maintaining a gap on the daily charts. If the break of 0.9252 can be sustained over the next few sessions this would be positive exposing key ...  read more
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Weekly Outlook for May 14 - 18

posted by Avatar liorcohen 13 days ago in Weekly, Gold, Oil

Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as oil and gold.  read more
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australian Home Loans outlook report may 14 2012

posted by Avatar stockmarket 14 days ago in Fundamental, Housing made popular 14 days ago

Tracks developments in the number and value of outstanding home loans in Australia . Hoome Lans are a measure of activity in the housing market. The figure, also know as Owner Occupied Housing Loans, acts as a gauge for consumer confidence,  read more