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AUD/NZD at multi-month lows below 1.2750

posted by Avatar wizardfx 60 days ago in NZD

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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US wheat, corn extend gains on export demand; soy up

posted by Avatar wizardfx 65 days ago in USD, EUR, AUD, Commodities, Economic Indicators made popular 65 days ago

The weekly US Agriculture Department report showed that export sales of soybeans were just 532800 tonnes, the lowest in seven weeks and below the low end of trade estimates for 900000 to 1 million tonnes. * Wheat has rallied despite warm and wet ... read more
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Greek deal fails to sustain C$ rally

posted by Avatar wizardfx 95 days ago in all made popular 95 days ago

The Canadian dollar stood at C$0.9960 to the US dollar, or $1.0040, off slightly from Friday's North American finish at C$0.9957 versus the US dollar, or $1.0043. Most Canadian markets were closed on Monday for a holiday, as was Wall Street. read more
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US Dollar Japanese Yen USD/JPY Technical Outlook

posted by Avatar wizardfx 96 days ago in USD, JPY made popular 96 days ago

Currently the USD/JPY is looking to head towards 78 in the mid-term. Last week the BoJ announced it will increase its asset purchasing programme by 10 trillion (82 billion) to 65 trillion, while taking a firmer stance against the deflation of the ... read more
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Corn, wheat rise for 2nd day on demand; soy firms

posted by Avatar wizardfx 100 days ago in Commodities made popular 100 days ago

Export sales of US corn last week surged 41 percent to a four-month high, US Department of Agriculture data released on Thursday showed. It reported sales of US corn in the week ended Feb. 9 at 1.067 million tonnes, above trade estimates for 550000 to ... read more
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Euro Outlook Deteriorates Amid EU Rift, Pound Takes Safe-Haven Role

posted by Avatar wizardfx 100 days ago in USD, EUR, GBP, AUD, Economic Indicators made popular 100 days ago

According to Credit Suisse overnight index swaps, market participants see a 60% chance for a 25bp rate cut at the next meeting on March 8, and speculation for lower borrowing costs supports our bearish outlook for the EUR/USD as interest rate ... read more
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Sterling hits 2-week low vs dollar after Moody's warning

posted by Avatar wizardfx 102 days ago in USD, EUR, JPY, GBP, CAD made popular 102 days ago

Sterling fell to a two-week low against the dollar on ... read more
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US dollar higher on US employment data, Greece

posted by Avatar wizardfx 114 days ago in USD made popular 114 days ago

By Forexpros | Forex News | Feb 02, 2012 06:56PM GMT Forexpros - The US dollar gained against most of its major counterparts Thursday, as mixed messages from Greece and strong US employment data fuelled the greenback's advance. read more
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CBN retains interest rate at 12%, advises against raising oil price benchmark ...

posted by Avatar wizardfx 116 days ago in Economic Indicators

While the MPC advised the government against any plan to raise the oil price benchmark in the 2012 budget to USD 75/bbl from USD 70/bbl, it acknowledged the growing rate of employment in spite of the GDP growth recorded by the country. read more
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IMF's Grim Outlook to Davo's Sunny Slopes Gold Shines

posted by Avatar wizardfx 122 days ago in GBP, Commodities made popular 122 days ago

Gold's London AM fix this morning was USD 1659.00, GBP 1064.08, and EUR 1277.04 per ounce. Yesterday's AM fix was USD 1669.00, GBP 1072.69, and EUR 1282.17 per ounce. Gold edged up after an early dip on buying from jewellers in Asia this morning. read more
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Canadian Dollar Extends Losses After Domestic CPI

posted by Avatar wizardfx 127 days ago in CAD made popular 127 days ago

By Karen Johnson Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The Canadian dollar extended overnight losses early Friday after a surprise drop in Canada's consumer price index for December. The US dollar was at C$1.0144 Friday morning, from C$1.0138 ... read more
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Australian Stock Market Report - Midday 1/18/2012

posted by Avatar wizardfx 130 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 130 days ago

The Australian dollar (AUD) is buying US103.8 cents. The AUD is the world's fifth most traded currency behind the US dollar, the Euro, Japanese Yen and British Pound. The AUD accounts for around 7 pct of all foreign exchange trades. read more