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Aussie Dollar sticks close to 93 US cents

posted by morgan 758 days ago in AUD, Inflation made popular 757 days ago

The Australian dollar rose on Friday as investors sought risk assets on improved sentiment after equities gained ground ahead of next week’s Reserve Bank interest rate decision.

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EUR/USD: Traders Say Bit Of “Wood To Chop” 40-50

posted by morgan 758 days ago in USD, EUR

I am hearing of good selling orders placed between 1.3240-50. EUR/USD high so far 1.3243.

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US Fed expected to hold low interest rates

posted by morgan 761 days ago in USD, Inflation made popular 761 days ago

The US Federal Reserve is expected to keep ultra-low borrowing rates when it meets Tuesday and Wednesday, with the need to bolster the economic recovery again trumping inflation concerns.

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Economic optimism boosting world oil prices

posted by morgan 762 days ago in USD, Oil, Housing made popular 760 days ago

Oil prices extended gains in Asian trade today after a rise in US home sales stoked optimism for a firmer rebound in the world's biggest economy.

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GBP/USD weekly outlook: April 26-30

posted by morgan 762 days ago in USD, GBP, Weekly

The pound staged a slight rally against the US dollar last week, before erasing some of its gains on disappointing British GDP data

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USD down against euro

posted by morgan 763 days ago in USD, EUR made popular 762 days ago

The dollar slid against the euro on Friday as Greece requested a 35-billion-euro loan from the European Union and International Monetary Fund.

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CAD Gains on Outlook for Interest Rates to Rise

posted by morgan 763 days ago in CAD, Inflation

Canada’s dollar posted the biggest five-day gain in three weeks as the central bank signaled that interest rates will rise, possibly as soon as June 1, burnishing the currency’s appeal to investors.

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Euro at 2-mth low vs sterling on Greek concerns

posted by morgan 766 days ago in EUR, GBP, Trade made popular 766 days ago

The euro fell to its lowest in two months against sterling on Thursday, pressured by continuing concerns about Greece's ability to finance its debt after its bond spreads widened the previous day.

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Sizeable Flows In AUD And GBP

posted by morgan 769 days ago in GBP, AUD made popular 769 days ago

Liquidity in the AUD in particular is quite deep during the Asian session and the market has been able to soak up a lot of the heavy flows that have been seen this morning. Sterling is a different matter.

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USD gains as investors cut positions in riskier euro

posted by morgan 771 days ago in USD, EUR, Trade

The dollar gained against the euro yesterday on concerns about how Greece will service its debt, with the dollar and the yen advancing as investors cut positions in riskier currencies.

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Euro inflation up less than fcast, trade in surplus

posted by morgan 771 days ago in EUR, Trade

Higher energy costs drove a year-on-year increase in euro zone consumer prices in March, though the overall gain fell short of market expectations and price growth is seen subdued this year.

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Learn Basic Things About Forex

posted by morgan 772 days ago in Special, Trading Psychology

Like any other business, Forex trading involves both gains and losses. You can make big profits in a particular week, or you may lose most of their capital in one day. Forex trading can go in any direction and you need a smart and brave to be abl

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