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EUR/USD Fundamental Analysis February 14, 2012, Forecast

posted by Avatar Shawn 103 days ago in EUR

The German Zentrum fr Europische Wirtschaftsforschung (ZEW) Economic Sentiment Index gauges the six-month economic outlook. A level above zero indicates optimism; below indicates pessimism. The reading is compiled from a survey of about 350 German ...  read more
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Optus grows Q3 profits 4.4%

posted by Avatar Shawn 104 days ago in AUD

Operating revenue grew 1.5 percent to AUD 2.42 billion and EBITDA increased 1.6 percent to AUD 562 million. In mobile, EBITDA increased 2.5 percent from increased service revenue and lower subscriber acquisition costs. Optus grew its mobile customer ...  read more
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Crude Oil Fundamental Analysis February 6, 2012, Forecast

posted by Avatar Shawn 112 days ago in Commodities made popular 112 days ago

A positive number indicates a budget surplus, a negative number indicates a deficit. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.  read more
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Bank of America Announces Increase in Maximum Consideration of Tender Offer ...

posted by Avatar Shawn 113 days ago in CAD made popular 113 days ago

1 The Total Consideration is expressed per 1000 USD, EUR, GBP or CAD, as applicable. The Total Consideration includes the Early Tender Payment described below. The Total Consideration listed in the table above includes a cash payment of 30.00 in USD, ...  read more
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Highly Profitable Short-Term Trade Idea: Long Silver, Short Financials

posted by Avatar Shawn 123 days ago in Economic Indicators made popular 123 days ago

While this doesn't mean silver has to weaken, the recently tight, almost 1 to 1 correlation foretells of lower silver prices in the event of a significantly stronger USD. For this reason, this trade's greatest upside is likely contained to the next 5-6 ...  read more
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GBP/USD extends gains, approaches 1.5500

posted by Avatar Shawn 128 days ago in USD made popular 128 days ago

FXstreet.com (Crdoba) The Pound broke above 1.5465 and rose to 1.5487 hitting the highest price since January 10 against the US Dollar. The GBP/USD moved sideways during most of the day but in the last hour turned to the upside. ...  read more
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USD/CAD erases losses ahead of BoC report

posted by Avatar Shawn 129 days ago in CAD

On Tuesday, the BoC said the outlook for the global economy had deteriorated after it left its benchmark interest rate unchanged at 1%. In its rate statement, the BoC said the uncertainty over the global economic outlook had increased since its ...  read more
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GBP/USD finds support at 1.5330/35

posted by Avatar Shawn 130 days ago in USD made popular 130 days ago

FXstreet.com (Crdoba) The Pound peaked against the US Dollar minutes before Wall Street opening at 1.5404 but it failed to hold and retreated. The decline of the GBP/USD from the highs found support at the 1.5330 area. In the last hours the pair ...  read more
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EUR/JPY edges higher, EZ talks in focus

posted by Avatar Shawn 137 days ago in EUR, CHF made popular 137 days ago

The euro found support earlier after ratings agency Fitch said that France, the euro zone's second largest economy, would not be downgraded in 2012. But the single currency remained under pressure as borrowing costs for Italy and Spain remained ...  read more
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FX DXY: US payroll data to test the USD trend higher

posted by Avatar Shawn 142 days ago in USD, CHF made popular 142 days ago

The AUD, NZD and CAD would most likely weaken against the JPY and CHF on global growth concerns. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you ...  read more
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Euro Lags Behind Ahead Of 2012, Sterling May Play Safe-Haven Role

posted by Avatar Shawn 148 days ago in EUR

By David Song The Euro lagged behind its major counterparts on Friday, with the EUR/USD slipping to an overnight low of 1.2903, and the single currency is likely to weaken further in 2012 as the fundamental outlook for the region turns increasingly ...  read more
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Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and ZAR

posted by Avatar Shawn 149 days ago in EUR made popular 149 days ago

v Commodity Currencies are relatively flat as stocks and commodities push into the black; ZAR is best performer overnight as rising inflation prompts investors to increase bets of tighter monetary policy in Africa's largest economy. The USD is lower ...  read more