Feedback Form

Avatar stephenie

26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

New Zealand Interest Rate Decision

posted by Avatar stephenie 171 days ago in NZD made popular 171 days ago

However, because of higher inflation the RBNZ may keep interest rates on hold. Currently New Zealand inflation stands at 4.6% y/y. The RBNZ targets inflation between 1-3%. The NZD/USD should be supported in the near term if some of some sort of ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

German Two-Year Notes Gain on Bets ECB Will Cut Interest Rates

posted by Avatar stephenie 177 days ago in EUR

The advance pushed note yields toward the record low set yesterday after six central banks agreed to reduce the interest rate on dollar liquidity swap lines to ease strains in financial markets. The ECB will lower its main refinancing rate to 1 percent ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US wheat dips on improved crop conditions; corn steady

posted by Avatar stephenie 180 days ago in USD, EUR, AUD

Money managers beefed up their bearish bets on US agricultural commodities last week as prices sagged amid concerns about a weakening global economy cutting demand for corn, soybeans and wheat, regulatory data showed. * The Commodity Futures Trading ... read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD Index To Mark Higher High, Aussie To Threaten Yearly Low

posted by Avatar stephenie 185 days ago in AUD made popular 185 days ago

According to Credit Suisse overnight index swaps, investors continue to price as 60 percent chance for a 25bp rate cut in December, and the central bank may carry its easing cycle into the following year as the region prepares to face a 'mild recession ... read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian dollar lower, Italian debt worries sends investors to US Treasurys

posted by Avatar stephenie 199 days ago in CAD made popular 199 days ago

Canadian dollars, or loonies, sit on a series of its American counterpart on Thursday Sept. 20, 2007 in Montreal. THE CANADIAN PRESS/Paul Chiasson TORONTO - The Canadian dollar fell more than a full US cent Wednesday as investors nervous about the ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Czech Central Bank Holds Benchmark Rate as Euro Crisis Threatens Growth

posted by Avatar stephenie 205 days ago in EUR

By Peter Laca - Thu Nov 03 12:00:28 GMT 2011 The Czech central bank refrained from changing borrowing costs for a 12th meeting as it evaluates the impact of the euro area's debt crisis and the possible need to lower interest rates to support the ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Risk off as Papandreou confirms referendum

posted by Avatar stephenie 207 days ago in NZD

NZD/USD also broke out of yesterday's range but other pairs remain within the recent bands. The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF dips below 0.8770 to fresh one-month lows

posted by Avatar stephenie 213 days ago in EUR, CHF

Dollar attempts to pick up from 0.8770/90 lows were capped at 0.8845 on Tuesday, and the pair, unable to regain lost ground, has dipped further at European session opening times, breaching the 200-day MA - around 0.8750, ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EU raids banks, suspects interest-rate cartel

posted by Avatar stephenie 220 days ago in EUR

BRUSSELS (AP) The European Union's competition watchdog said Wednesday it conducted unannounced inspections at several banks amid suspicions they may have colluded to manipulate euro interest rate derivatives. The European Commission said it is ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US: North American Summary and Highlights 18 Oct

posted by Avatar stephenie 221 days ago in USD, EUR made popular 221 days ago

AUD/USD fluctuated along with risk sentiment. Early pressure from Europe worries and China GDP dragged AUD below 1.0150, but buyers re-emerged as the US equity market recovered to push prices above 1.0300 late in NY. Treasuries edged higher after a ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD down during the Asian session

posted by Avatar stephenie 223 days ago in NZD

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.08% to hit 1.2849 and EUR/NZD rising 0.13% to hit 1.7262. Forexpros offers a diverse set of professional tools for Forex, Futures and CFDs. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The most recent figures from Sweden were relatively weak

posted by Avatar stephenie 226 days ago in all

Yesterday's movements bring the cross rate closer to the range where we assess that EUR/USD is be sold massively (138.75-140.75). The stop must be placed above the 200MA, which is in a slightly increasing trend (currently at 140.64). ... read more