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"The year of the Dragon and the Kiwi dollar"

posted by Avatar ChocoFudgeCake 125 days ago in NZD made popular 125 days ago

The breaking of the Euro nexus has resulted in the NZD/EUR cross-rate jumping higher to 0.6250, as the NZD strengthened over a period the Euro weakened against the USD. It is entirely natural and to be expected that the NZ dollar and the NZ economy are ... read more
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NZD/USD down in Asian trade

posted by Avatar ChocoFudgeCake 128 days ago in NZD

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.001% to hit 1.2974 and EUR/NZD rising 0.01% to hit 1.6155. Disclaimer: Fusion Media would like to remind you that the data ... read more
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Canadian dollar hits six-week high after strong data

posted by Avatar ChocoFudgeCake 128 days ago in EUR, CAD made popular 128 days ago

The Canadian dollar touched a six-week high against its US counterpart on Thursday after Canadian manufacturing data beat expectations and solid demand at a euro zone debt auction eased investor fears about Europe's ... read more
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Japan Likely Relapsed Into Contraction

posted by Avatar ChocoFudgeCake 142 days ago in EUR, JPY made popular 141 days ago

The nation's unemployment rate is forecast at 8.7 percent. Europe's slump is beginning to damp domestic demand in Japan, with sentiment among small merchants and consumers worsening in the most recent surveys. Private-sector economists surveyed by the ... read more
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FX requires EUR Fixed Income to trade?

posted by Avatar ChocoFudgeCake 142 days ago in EUR made popular 142 days ago

... the coming weeks to sell debt that may reach EUR+262b's worth in the first quarter, rising funding costs will not make saving the 13-year old currency any easier. The market will now focus on North American employment data, with NFP out tomorrow. ... read more
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Rupee ends steady against US Dollar

posted by Avatar ChocoFudgeCake 142 days ago in USD made popular 142 days ago

Rupee was marginally lower by 0.75 paise or 0.01% against US Dollar to Rs 52.985, almost unchanged from its previous closing level of 52.98. The Sensex lost 25.56 points or 0.16% at 15857.08 with 17 components posting drop, however the broad based NSE ... read more
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EUR/CHF up eyes on 1.2200

posted by Avatar ChocoFudgeCake 144 days ago in CHF

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 open: Profit-takers stall EUR/USD fall

posted by Avatar ChocoFudgeCake 149 days ago in EUR, Commodities made popular 149 days ago

Gold bounced off $1520, which is where the Asian central banks are supposedly buying, so this level is becoming very important, and ACBs also reportedly bought AUD/USD yesterday near 1.0050. The content of this field will not be shown publicly. ... read more
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ECB LTRO; a Back Door to QE?

posted by Avatar ChocoFudgeCake 156 days ago in EUR made popular 156 days ago

The BoE forecasts inflation to fall back and the risk for deflation may become more evident. Thus there is the potential for additional asset purchases (QE) in the future. Market expectations are for further action to be carried out in February but ... read more
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Daily Report: EUR/USD, GBP/USD, USD/JPY and USD/CAD

posted by Avatar ChocoFudgeCake 157 days ago in EUR

Though the figures signaled that the US economy is recovering, it was actually the Spanish bond auction that spurred an increase in risk appetite. The sale of Spanish debt concluded with lower borrowing costs, and the European Central bank extended ... read more
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Full Text: Moody's revises rating outlook for Australian mortgage insurers to ...

posted by Avatar ChocoFudgeCake 159 days ago in AUD

WLMI was given a capital injection of AUD 300 million from Westpac to support the novation of the St.George Insurance Australia Limited's portfolio, obtained by WLMI as part of the merger between Westpac Banking Corporation and St.George Bank Limited. ... read more
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Singapore Stocks- May fall on euro zone fears; SMRT in focus

posted by Avatar ChocoFudgeCake 160 days ago in JPY

----------------------MARKET SNAPSHOT @ 0013 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1219.66 0.32% 3.910 USD/JPY 77.82 0.08% 0.060 10-YR US TSY YLD 1.8612 -- 0.010 SPOT GOLD 1601.99 0.20% 3.240 US CRUDE 93.54 0.01% 0.020 DOW JONES ... read more