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USD Weakness To Be Short-Lived, Australian Dollar Reversal On Tap

posted by Avatar blitz 103 days ago in AUD

As retail spending in the world's largest economy is expected to increase another 0.8% in January, the ongoing expansion in private sector consumption should dampen expectations for additional monetary support, and we may see the FOMC soften its dovish ... read more
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AUD/USD consolidates near 6-month highs

posted by Avatar blitz 107 days ago in CHF, AUD made popular 107 days ago

The Australian dollar consolidated near multi-month highs on Thursday as sentiment calmed on Athen's approval of a deal to avoid a debt default, and as the European central bank suggested an improvement in the region's ... read more
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GBP/USD Resumes Uptrend Above 1.59

posted by Avatar blitz 108 days ago in USD, EUR, CAD, AUD

On Tuesday Pound/Dollar increased with 120 pips. The Cable appreciated from 1.5787 to 1.5907 yesterday, in line with the positive Interbank sentiment at over +46%, closing the day at 1.5894. Today the British Pound ascended further, rising up to 1.5917 ... read more
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Euribor rates hit new 11-mth low on liquidity glut

posted by Avatar blitz 109 days ago in all

Euro priced bank-to-bank lending rates slid further towards 1 percent on Tuesday, weighed down by market expectations that the European Central Bank will funnel hundreds more billions of euros in cheap 3-year loans to banks ... read more
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Singapore Stocks-Seen up; SembMarine, Artivision in focus

posted by Avatar blitz 111 days ago in USD, EUR, JPY, CAD, AUD

----------------------MARKET SNAPSHOT @ 0003 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1344.9 1.46% 19.360 USD/JPY 76.53 -0.1% -0.080 10-YR US TSY YLD 1.9259 -- 0.002 SPOT GOLD 1730.99 0.30% 5.190 US CRUDE 97.63 -0.21% -0.220 DOW JONES ... read more
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EUR/GBP Weekly Fundamental Analysis February 6-10, 2012, Forecast

posted by Avatar blitz 111 days ago in EUR, GBP

EUR/GBP: The cross tends to move in ranges, with relatively clear barriers. The narrower ranges made it somewhat harder, but it seems to return to wider ranges. The GBP is does not seem to move in response to the EUR as directly currently. read more
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Central Bank to grant USD 698 million to the agricultural sector

posted by Avatar blitz 115 days ago in USD

Venezuela's President Hugo Chvez announced that the Central Bank of Venezuela (BCV) will grant VEB 3 billion (USD 698 million) to the agricultural sector, in an operation that could increase inflationary pressures. There is indications that the loans ... read more
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The JPY rose against its major counterparts this morning

posted by Avatar blitz 116 days ago in EUR, JPY made popular 116 days ago

As Canada's largest export market, the health of the US economy is paramount to CAD strength. The AUD initially gained on hopes that progress is being made in European debt talks, but a lack of economic data has kept the Aussie largely bound to its ... read more
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Technical bounce to get aluminum prices to Rs 130/kg: Emkay

posted by Avatar blitz 122 days ago in Commodities

With the London Metal Exchange (LME) three-month aluminum price trading below USD 2000 per ton in December of 2011, a significant amount of global smelter capacity was in the negative margin territory. As a result many aluminum smelters have been ... read more
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Bond & currency outlook by Moses Harding

posted by Avatar blitz 125 days ago in JPY made popular 125 days ago

The fear of BOJ intervention on EUR/JPY below 100 has provided support to USD/JPY to trigger decent rally from 76.50 to 77.35. Over all, the pair is boxed at 76.50-77.25 for close of week at 76.90. There is no momentum to extend gains into 77.75-78 ... read more
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Fitch Rates Pemex's USD2.1B Senior Notes due 2022 'BBB'

posted by Avatar blitz 127 days ago in USD

This reflects higher realization crude oil prices (USD 100 per barrel for the first nine months of 2011, USD72 for full year 2010; USD57 per barrel for full year 2009) that compensated the negative margin of the refining segment. ... read more
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Rupee rebounds on firm equities, dollar flows

posted by Avatar blitz 131 days ago in USD, EUR, JPY, CAD, Commodities made popular 131 days ago

... lower in USD/INR," said Dennis Tan, strategist for Deutsche Bank in Singapore. Risks from the unresolved euro debt crisis and the possibility of weak capital inflows into Asia's third-largest economy are factors which could limit the rupee's rise, ... read more