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GBP/USD Approaching the 2012 High of 1.6066 After BoE Meeting Minutes

posted by Avatar princess 38 days ago in USD made popular 38 days ago

By Fan Yang The GBP/USD was buoyed by Bank of England's meeting minutes, which brought increased attention to inflation. Sterling's strength was also seen in the EUR/GBP, which fell below its 2012 low. The GBP/USD pushed above the 1.60 handle, ... read more
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AUD/USD Weekly Fundamental Analysis April 16-20, 2012, Forecast

posted by Avatar princess 42 days ago in AUD made popular 42 days ago

Resistance lines tend to work in a smoother manner than support lines, but they also work well. The pair move well together, not much volatility, but easy to chart and easy to trade with low risk factors The AUD/USD is about where it was a year ago but ... read more
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FX NZD/USD: Weak trade, indicators suggesting downside risk

posted by Avatar princess 59 days ago in NZD made popular 59 days ago

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 as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Euro at 2-1/2 mth high vs dlr on strong German Ifo

posted by Avatar princess 93 days ago in all made popular 93 days ago

German business sentiment rose for the fourth month running in February, beating expectations and raising hopes that Europe's largest economy is improving and will avoid recession. Euro gains were expected to be limited, however, due to conviction that ... read more
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Canadian dollar hits highest since October on Greece deal

posted by Avatar princess 107 days ago in USD, EUR, CAD

Canada's dollar rose to its strongest level since late October against its US counterpart on Thursday as news a Greek bailout package had been reached fueled investor hunger for riskier assets. The Canadian dollar firmed to C$0.9925 ... read more
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Osborne says Q4 GDP fall "disappointing"

posted by Avatar princess 122 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 122 days ago

The 0.2 percent drop in Britain's economic output in the last three months of 2011 was "disappointing" but not unexpected, due to weak demand in Britain's euro zone export markets, Chancellor George Osborne said on Wednesday. read more
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GBP/USD Weekly Fundamental Analysis Jan. 23-27, 2012, Forecast

posted by Avatar princess 125 days ago in USD, Economic Indicators made popular 125 days ago

The GBP/USD was up and down all week, with positive jobs reports and negative housing data, but moved up against all currencies. The UK economic reports on jobless claims showed more and more claimants, putting pressure on the sterling. Inflation ... read more
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BoC: CAD 2.7 bln 2/2/2012 CM auction results

posted by Avatar princess 129 days ago in CAD

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 as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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ForexLive Asian market wrap: China December CPI 4.1% YoY

posted by Avatar princess 136 days ago in EUR

... which falls 1% Gold $1644/oz, Oil $101.50/bbl EUR/USD has traded in a tight range ahead of the ECB and Spanish bond auction. EUR/GBP and EUR/AUD have managed some modest gains with light profit-taking ahead of risk events the likely explanation. ... read more
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USD Index Points To Further Strength, Sterling To Face Range-Bound Prices

posted by Avatar princess 137 days ago in USD made popular 137 days ago

... but the UK event risks on tap for later this week may weigh on the exchange rate as we're expecting to see a slowdown in economic activity paired with easing price pressures. As the GBP/USD maintains the broad range from the end of December, ... read more
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FOREX: Euro Euphoria Resurfaces, France To Maintain Credit Rating

posted by Avatar princess 137 days ago in CHF

In turn, risk trends may heavily influence the GBP/USD over the remainder of the week, but we may see the sterling struggle to hold its ground as the economic docket is anticipated to show a slowing recovery in Britain. As the GBP/USD appears to be ... read more
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Market expected to stay in downtrend till April-June 2012: Moses Harding

posted by Avatar princess 142 days ago in EUR

The US economy is showing signs of improvement. The growth momentum in the US is supported by low inflation; easy liquidity and low interest rates. The ``worry`` is from the Euro zone. Despite deriving comfort from provision of liquidity (by ECB/IMF) ... read more