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Jim Rogers sees Canadian dollar as 'one of the best currencies'

posted by Avatar cane 144 days ago in CAD

Jim Rogers believes the Canadian dollar is "one of the best currencies around." Having said that, the renowned investor also has faith in the euro, and we'll have to see how that plays out this year. Mr. Rogers made the comments today on CNBC, ... read more
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USD/CAD steady after US housing data

posted by Avatar cane 151 days ago in CAD made popular 151 days ago

USD/CAD hit 1.0178 during early US trade, the pair's lowest since December 9; the pair subsequently consolidated at 1.0203, inching down 0.01%. The pair was likely to find support at 1.0136, the low of December 1 and resistance at 1.0262, ... read more
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Canadian Dollar Reaches Strongest in a Week on US Economic Recovery

posted by Avatar cane 155 days ago in USD, EUR, JPY, CAD, AUD, NZD, Economic Indicators

Canada's currency rose to its strongest level in more than a week versus the dollar after reports showed the economic recovery gaining momentum in the US, the nation's largest trading partner. The Canadian dollar gained for a fourth day as a report ... read more
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Marcin Jakubowski: Open-Sourced Blueprints For Civilization

posted by Avatar cane 159 days ago in CAD made popular 159 days ago

So, for every machine they build, OSE is publishing an online library that includes pretty much everything -- the design rationale, 3d CAD files, 2d fabrication drawings, circuit board design files, wiring diagrams, machine-readable CAM files, ... read more
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EUR/USD weekly outlook: December 19 - 23

posted by Avatar cane 160 days ago in EUR

Market sentiment also improved on Thursday after broadly better-than-expected US data on employment and manufacturing. The US Department of Labor said that the number of individuals filing for initial jobless benefits last week fell to a three-year low ... read more
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Europe Factors-Shares set to halt sell-off; Fed eyed

posted by Avatar cane 166 days ago in EUR, JPY

... -101.01 MSCI ASIA EX-JP -1.36 % -6.31 EUR/USD 1.3186 0.01 % -0.0001 USD/JPY 77.85 -0.06 % -0.0500 10-YR US TSY YLD 2.030 -- 0.01 10-YR BUND YLD 2.043 -- 0.00 SPOT GOLD $1652.11 -0.82 % -$13.58 US CRUDE $97.75 -0.02 % -0.02 GLOBAL MKTS-Stocks, ... read more
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USD/CHF Steady Ahead Of ECB/EU Moves

posted by Avatar cane 170 days ago in EUR, CHF

USD/CHF hit 0.9254 during European morning trade, the daily high; the pair subsequently consolidated at 0.9237, inching up 0.01%. The pair was likely to find support at 0.9138, the low of November 29 and resistance at 0.9329, the high of November 23. ... read more
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ForexCT Market Insight 12/08/2011

posted by Avatar cane 171 days ago in JPY made popular 171 days ago

There hasn't been much action on the USD/JPY in recent times and as such it's difficult for the market to make a clear judgment on this pair. With the major moving averages heading lower, keen traders might be looking to the short side. ... read more
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FX EUR/USD: Irish hoping for summit Christmas gift

posted by Avatar cane 172 days ago in EUR

Given expectations for another year of recession in Greece and mediocre growth forecasts for Italy the prospects for another European recession is mounting which will simply make the efforts to dig out from debt mountains even more difficult as tax ... read more
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Market factors to watch - Dec 2

posted by Avatar cane 177 days ago in JPY made popular 177 days ago

----------------------MARKET SNAPSHOT @ 0151 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1244.58 -0.19% -2.380 USD/JPY 77.86 0.22% 0.170 10-YR US TSY YLD 2.0908 -- 0.005 SPOT GOLD 1739.09 -0.27% -4.650 US CRUDE 100.1 -0.10% -0.090 DOW ... read more
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Soft Chinese Manufacturing PMI Fails To Dent Bullish Move - Westpac

posted by Avatar cane 177 days ago in NZD, Economic Indicators

NZD/USD was able to push above 0.7800 to a high of 0.7815 and EUR rose to a high of 1.3473. Asian currencies have given back some of their strong gains seen in the past few sessions, albeit only modestly. USD/KRW in the 1-month non-deliverable forwards ... read more
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Psychology/Strategy for major markets today

posted by Avatar cane 179 days ago in JPY

Psychology/Strategy for major markets today (FX EUR/USD/JPY/GBP, T.bonds, Equity) *EUR/USD - Range trading has taken over while the market waits, more patiently than imaginable, for news from eurozone official with buyers at 1.3250 and offers at 1.3450 ... read more