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EUR/USD edges higher but gains limited

posted by Avatar keiragabe 144 days ago in EUR

The euro was also higher against the pound, with EUR/GBP rising 0.16% to hit 0.8351. Later Tuesday, Germany was to release official data on employment. Meanwhile, the US Institute of Supply Management was to publish a report on manufacturing activity ... read more
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EUR/USD retraces daily losses

posted by Avatar keiragabe 145 days ago in EUR made popular 145 days ago

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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Canadian Dollar Fluctuates as Stocks Advance, Crude Oil Declines

posted by Avatar keiragabe 148 days ago in CAD, Commodities

The Canadian dollar fluctuated against its US counterpart amid a rise in equity-index futures and a decline in crude oil, the nation's largest export. Canada's currency, dubbed the loonie for the aquatic bird on the C$1 coin, was poised for annual and ... read more
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India, Japan agree to $15 bn currency swap

posted by Avatar keiragabe 150 days ago in JPY

The arrangement would provide a supply of the US dollar in an unforeseen economic situation. New Delhi will have access to funds from Bank of Japan, which it can return at a later date. The two leaders expressed hope that the enhancement will further ... read more
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GBP/USD Slips as Eco Data Disappoints Ahead of Holiday

posted by Avatar keiragabe 155 days ago in USD

A very quiet night of trade ahead of the long holiday weekend as an early EUR/USD rally ran out of steam near the 1.3100 and risk FX traded mildly lower as the session progressed. Currency markets continue to grapple with the question of whether the ... read more
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FX AUD/USD: Overall quiet but drift higher favoured

posted by Avatar keiragabe 156 days ago in AUD made popular 156 days ago

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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Danske on GBP/USD: technical sell

posted by Avatar keiragabe 159 days ago in USD

"GBP/USD is a technical sell says Danske Bank which favors shorting at 1.5550 with an objective of 1.5190 and a protective stop at 1.5650. Now at 1.5486." Trading foreign exchange on margin carries a high level of risk and may not be suitable for all ... read more
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US: North American Summary and Highlights 16 Dec

posted by Avatar keiragabe 162 days ago in USD, AUD made popular 162 days ago

AUD/USD slipped through the NY session as risk was taken off the table ahead of the weekend/year end. There was only about a 60 pip trading range today amid light volumes and lack of catalysts to do much else than sell AUD. The market started modestly ... read more
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Re slide may reverse if capital flows pick up, says Rangarajan

posted by Avatar keiragabe 164 days ago in CAD made popular 164 days ago

... flows from overseas pick up, said Dr C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council (PMEAC). I think the behaviour of the rupee is a reflection of the current account deficit (CAD) and the extent of capital flows. ... read more
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Wed Dec 14, EUR 11-m lows, Eurozone fears; SNB

posted by Avatar keiragabe 164 days ago in JPY, CHF

EUR/JPY hit 10-week lows of 101.48, focus on break of 101.00 and then psychological 100 as Cross/JPY sold on risk aversion. * USD/JPY hit 1-week highs around 78.04-05. but topside capped by Cross/JPY sales. Downside supported at 77.50-60 on demand for ... read more
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FX NZD Briefing: Early attempt at downside move short-lived

posted by Avatar keiragabe 166 days ago in NZD made popular 166 days ago

Elsewhere AUD/NZD holds around 1.3200 and looking poise to trade higher. Get all of your FXstreet data from one customizable page. FREE! Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. ... read more
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Daily Forex Forecast -12/05/2011

posted by Avatar keiragabe 174 days ago in EUR

Australian Dollar: The Australian Dollar successfully logged its first weekly advance since October after higher yielding assets responded positively to joint efforts by monetary authorities to tackle Europe's debt crisis. After pushing to highs near ... read more