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Canadian Dollar Touches Strongest Level Since October Before Growth Data

posted by Avatar butterscotch 116 days ago in all, USD, EUR, JPY, CAD, AUD, NZD

There's a risk rally and the Canadian dollar is participating, said Firas Askari, head of currency trading at Bank of Montreal's BMO Capital Markets in Toronto, in an e-mail message. This will be a choppy market, and the euphoria of Europe agreeing ... read more
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Dollar rises once again as investors seek respite from Europe's debt crisis

posted by Avatar butterscotch 117 days ago in EUR, CHF made popular 117 days ago

In other trading, the British pound fell to $1.5684 from $1.5724, while the dollar dropped to 76.29 Japanese yen from 76.72 yen. The dollar also rose to 0.9178 Swiss franc from 0.9129 franc, but was nearly unchanged at 1.0030 Canadian dollar from ... read more
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Polish Stocks: Eurocash, Getin Noble, Synthos Move in Warsaw

posted by Avatar butterscotch 122 days ago in EUR made popular 122 days ago

Eurocash SA (EUR PW) rose 0.4 percent to 28.4 zloty, climbing for the first time in five days, after UniCredit SpA resumed coverage of Poland's largest distributor of non-durable consumer goods with a buy recommendation. Getin Noble Bank SA (GNB PW) ... read more
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NZD/USD Fundamental Analysis Jan. 25, 2012 Forecast

posted by Avatar butterscotch 123 days ago in NZD, Economic Indicators

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. read more
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Good morning Emerging Europe/Africa

posted by Avatar butterscotch 131 days ago in EUR, CHF made popular 131 days ago

Despite the rise in EUR, EURAUD and EURNZD underperformed as AUD and NZD both saw stellar rallies, with EURAUD yet again registering another all time low. EURCHF however regained the 1.2100 handle, though strength was fleeting at best. ... read more
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Flash: Japan EUR/JPY intervention unlikely near term - Citi

posted by Avatar butterscotch 132 days ago in EUR made popular 132 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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Japan Dec current account 138.5B vs 242.2B exp

posted by Avatar butterscotch 136 days ago in JPY, AUD made popular 136 days ago

Adam Button: It's not a bad time, Sabbir, especially if you sell it against a basket. That makes it more of a... Muhamad Khalil: Hi Adam. Since we are in times of risk aversion. Should not the EUR/AUD and GBP/AUD be going up,... read more
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US Dollar Steady Despite French Downgrade Fears Lifted

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

By Forexpros on January 10, 2012 | More Posts By Forexpros | Author's Website Forexpros The US dollar remained steady against its major counterparts on Tuesday despite French downgrade fears being lifted. During late session US trade, the greenback ... read more
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GBP/USD update (29th Dec 2011, 16:30)

posted by Avatar butterscotch 149 days ago in USD made popular 149 days ago

GBP/USD fell 50 pips to $1.5402 this afternoon, as investors continued to speculate that the BoE will embark on additional QE to boost the fragile UK economy. This follows a sharp sell-off on Wednesday, which saw sterling plunge nearly 1.5% on the day ... read more
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Yen Weakens as Signs of US Economic Recovery Damp Demand for Havens

posted by Avatar butterscotch 156 days ago in USD

You may see a bit of optimism in the early part of January, said Thomas Averill, managing director at Rochford Capital, a currency and interest-rate risk management company in Sydney. For me, there's no intrinsic value holding the yen over the long ... read more
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USD/CAD: Trading Canada's Retail Sales Report

posted by Avatar butterscotch 158 days ago in CAD, Economic Indicators

... real economy. The pickup in private sector activity certainly bodes well for retail sales, and an above-forecast print may lead the USD/CAD to give back the rebound from earlier this month (1.0051) as the fundamental outlook for Canada improves. ... read more
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FX NZD/USD: Initially up on isolated bid then fades

posted by Avatar butterscotch 159 days ago in NZD

With first-up corporate based buying at .7550/55 effectively rounding out the downside (following a pull-back of almost a cent from its overnight high of 0.7645), the NZD/USD soon settled into a period of narrow sideways trading. ... read more