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Australian Dollar Outlook - 23 December 2011

posted by Avatar Shawn 156 days ago in USD, EUR, JPY, CAD, AUD

By Christine Gaylican | December 23, 2011 10:41 AM EST Positive US data supported sentiment overnight with the Australian dollar opening this morning at USD1.0130 against the Greenback, up from USD1.0080 late yesterday. ... read more
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USD/JPY remains near 3-week highs

posted by Avatar Shawn 156 days ago in USD, Economic Indicators

The Dollar climbed to a 3-week peak of 78.19 early New York session following the second revision of the US GDP, but was rejected from those levels and dropped back to 78.07 shortly after. From there, USD/JPY rebounded and ... read more
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ECB Lends Banks $645B, Exceeding Forecast - Fullermoney

posted by Avatar Shawn 156 days ago in EUR, CHF

Don't miss Frederick Forsyth's comments on Germany, France and the euro below. "David, re Kasovitz, why oh why do a certain level of analysts keep churning out irrelevant statistics eg nominal GDP- AND DEFLATION which is by no means always a disaster. ... read more
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Japanese companies must counter strong yen - Nippon Steel

posted by Avatar Shawn 163 days ago in JPY

Managements should be prepared for the yen to remain strong. The yen rose to a postwar high of 75.35 a dollar on October 31st 2011, prompting Japan to intervene for the third time this year to stem gains that endangered an export led economic recovery ... read more
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Chart EUR/JPY Update: Upside scope remains

posted by Avatar Shawn 170 days ago in EUR made popular 170 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Canadian dollar opened on Wednesday at 98.97 cents US, down 0.08 of a cent

posted by Avatar Shawn 171 days ago in GBP, CAD made popular 171 days ago

TORONTO - The Canadian dollar opened at 98.97 cents US, down 0.08 of a cent from Tuesday's close. The US dollar stood at 101.04 cents Cdn, up 0.08 of a cent. Pound sterling was worth C$1.5794, up 0.49 of a cent and US$1.5631, up 0.36 of a cent. ... read more
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USD/JPY breaks 77.80; peaks at 77.87

posted by Avatar Shawn 177 days ago in USD, JPY made popular 177 days ago

USD/JPY has been edging higher in Tokyo trading, breaking past yesterday's high at 77.80 to post fresh session highs at 77.87. At present, the price appears to be losing some steam to extends gains and is returning toward new ... read more
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text-Fitch expects to rate ENAP[ENAP.UL] USD 500mm proposed debt

posted by Avatar Shawn 177 days ago in USD made popular 177 days ago

Given the company's weak financial profile and that it may be negatively affected by its shareholder's interest to ensure ENAP continues to supply local demand regardless of the financial consequences, on a stand-alone-basis ENAP would be ... read more
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Canadian Currency Climbs for Fourth Day as Risk Appetite Rises

posted by Avatar Shawn 179 days ago in CAD

The Canadian dollar seems to be doing better with risk sentiment overall, Brian Kim, a currency strategist in Stamford, Connecticut, at Royal Bank of Scotland Group Plc, said in an e-mail message. Canada's currency, known as the loonie for the image ... read more
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Asian Stocks, Euro Advance on Europe Outlook, U.S. Retail Sales

posted by Avatar Shawn 181 days ago in EUR made popular 181 days ago

Italy would pay an interest rate of 4 percent to 5 percent on the loan, according to the newspaper. The amount could vary from 400 billion euros to 600 billion euros, La Stampa said. The Washington-based IMF had about $390 billion available for lending ... read more
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EUR/CHF direction undefined

posted by Avatar Shawn 183 days ago in CHF

After dropping for 4 days in a row, yesterday the EUR/CHF made a strong corrective movement, only to lose its ground again and closing in a loss. Today, the EUR/CHF has been trading sideways with predominance to the upside, ... read more
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U.K. GDP Expands Unrevised 0.5% In Q3

posted by Avatar Shawn 184 days ago in GBP, Economic Indicators made popular 184 days ago

The central bank expanded its asset purchase programme by GBP 75 billion in October to support the ailing economy. IHS Global Insight's chief UK economist Howard Archer expects the central bank to enact a further GBP 50 billion of quantitative easing ... read more