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Dollar adds to losses on U.S. data, Fed rate view

posted by Avatar stephenie 121 days ago in USD made popular 121 days ago

Analysts had expected US jobless claims to rise to 370000 last week. The data came one day after the Fed said interest rates would remain near zero until late 2014. The central bank had previously pledged to keep interest rates close to zero until ... read more
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What are Economic Indicators?

posted by Avatar stephenie 131 days ago in USD, EUR, CAD, AUD, Commodities

The USD was strong, the Sterling was weak, but the Euro was collapsing. If you were trading the USD/GBP, you would be buying, but if you were trading the GBP/EUR you would be selling. Against the dollar the pound was falling but against the euro the ... read more
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GCC foreign assets exceed USD 1.8 trln ''12 - AIC

posted by Avatar stephenie 132 days ago in Commodities made popular 132 days ago

An AIC report about the fourth quarter of 2011, projected economic growth in 2011 to be seven percent with a suprlus in the foreign current account of USD 279 billion. Crude oil production rose by 2.1 million barrels per day (bpd) last year to reach ... read more
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AUD/USD still biased higher V.Bednarik

posted by Avatar stephenie 136 days ago in CHF, AUD made popular 136 days ago

Wednesday saw AUD/USD trade in range between 1.0260 and 1.0325, ending trade in New York in virtually the same place it began 24 hours prior. According to Valeria Bednarik, Chief Analyst at FXstreet.com: Technically ... read more
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Oil Soars Close to 8-Month Highs on Iran Tensions

posted by Avatar stephenie 143 days ago in Commodities

Brent North Sea crude for February jumped to USD 113.97 per barrel -- which was its highest level since November 14. It later stood at USD 112.82, 69 cents higher than yesterday. "Alongside the return of economic optimism, oil is also finding support ... read more
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Lighter Volumes but Building Tensions Setting the Stage for M/T USD Strength ...

posted by Avatar stephenie 149 days ago in USD, EUR made popular 149 days ago

Turkey's central bank has taken unorthodox monetary policy tightening to combat inflation and further lira weakness. ECB has further room to cut while scope for traditional QE remains if Europe's debt crisis worsens. Top tier DM data nonexistent in ... read more
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AUD/USD hovering around 1.0150

posted by Avatar stephenie 151 days ago in AUD made popular 151 days ago

Australian dollar has been consolidating between the 100 and 50-day EMAs for the past few days, trading in a very limited range between 1.0125/80, last at 1.0150. "The AUD/USD range seems limited by 1.0100/1.0180, ... read more
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FX AUD/USD: Opens Asia on firm note following choppy session

posted by Avatar stephenie 157 days ago in AUD made popular 157 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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AUD/USD orders

posted by Avatar stephenie 165 days ago in AUD made popular 165 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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Strata Oil Provides Updates on $1.3 USD Billion Cadotte Project, Carbonate ...

posted by Avatar stephenie 165 days ago in Commodities

CALGARY, ALBERTA, Dec 13, 2011 (MARKETWIRE via COMTEX) -- Strata Oil and Gas (otcqb:SOIGF), a leader in the exploration and development of heavy oil from carbonates, today provided updates on its $1.3 USD billion Cadotte Project and the surrounding ... read more
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AUD/USD ticking higher on short-covering

posted by Avatar stephenie 166 days ago in AUD made popular 166 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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Overnight Highlights

posted by Avatar stephenie 167 days ago in JPY made popular 167 days ago

USD/JPY drifted lower following a sharp rise on Thursday which was probably due to some sort of official threat/bid. The tight range in USD/ JPY comes as no surprise and the intervention in USD/JPY has lost some of its influence. ... read more