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Daily Foreign Exchange Market Update

posted by Avatar fxlady 191 days ago in Economic Indicators

Jobless claims for the month of October fell from 13400 to 5300, with the claimant count rate holding at 5.0%. The ILO unemployment rate for the 3 months to September rose though, to 8.3%, up from 8.1%. Also crossing the wires was the latest inflation ...  read more
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India Forex`s technical outlook on currencies

posted by Avatar fxlady 191 days ago in EUR

GBP/USD: GBP is currently trading at 1.5712 levels. The cable collapsed vs. the US Dollar and also against the Euro amid yesterday comments by BOE Governor Mervyn King's over the danger that exists due to worsening of Euro zone debt crisis and he also ...  read more
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Achoo! I Think I'm Coming Down with Something...

posted by Avatar fxlady 192 days ago in AUD made popular 192 days ago

Well, it turns out that while everyone was distracted with the euro's value (and fate) the CAD under-performed the euro (!), the British pound, the Aussie $, and the rest of the G-10 currencies as well. Chalk this one up as well among those ...  read more
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Asia Open -Overnight Highlights

posted by Avatar fxlady 199 days ago in EUR

USD/JPY's intraday range was tiny until middle Eurozone afternoon, when flight to safety and repatriation flows sent prices spinning lower from 78.00. Ongoing pressure on the USD kept USD/JPY pinned near session lows of 77.59 into the NY close. ...  read more
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USD Continues To Find Resistance, Sterling Outlook Weighed By BoE

posted by Avatar fxlady 205 days ago in USD made popular 205 days ago

... and the central bank may have little choice but to carry its easing cycle into 2012 as the economy faces a growing risk of slipping back into a recession. As the GBP/USD carves out a top coming into November, the reversal from 1.6165 looks poised ...  read more
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EUR/USD up during the U.S. session

posted by Avatar fxlady 206 days ago in EUR

Forexpros - The Euro was higher against the US Dollar on Wednesday after the release of US data on ADP Nonfarm Employment Change. EUR/USD was trading at 1.3763, up 0.44% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, ...  read more
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Global Markets wait for Eurozone debt outcomes as discussions drag on while US ...

posted by Avatar fxlady 213 days ago in EUR

The run of positive data continues in the US, with an albeit still fragile economy slowly pushing away recession fears with each economic print. Core durable goods orders increased by 1.7% in light of expectation at 0.5% and new home sales also ...  read more
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Sentiment Improving, Investors buying on Dips

posted by Avatar fxlady 215 days ago in AUD, Commentary made popular 215 days ago

The Japanese Yen (JPY) the excitement dies down on the USD/JPY which had hit fresh all-time lows on Friday and found support at Y76 twice overnight. Yen crosses helped support the major with EUR/JPY and AUD/JPY both extending gains.a The Sterling (GBP) ...  read more
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Futures add to gains after data

posted by Avatar fxlady 225 days ago in USD made popular 225 days ago

US stock index futures added to gains on Friday as data on September US retail sales came in stronger than expected. Futures had already been in positive territory, shrugging off a credit rating downgrade of Spain, ...  read more
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Asia Midday Highlights

posted by Avatar fxlady 226 days ago in JPY made popular 226 days ago

JPY Crosses: Markets were relatively subdued in the face of S&P's downgrade of Spain as well as overnight weak data releases from the US. USD/JPY continued overnight consolidative action within 76.80-77.00. EUR/JPY joined the USD/JPY in range-bound ...  read more
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IPC awarded USD$2.5 million for solar inverter development

posted by Avatar fxlady 226 days ago in USD made popular 226 days ago

Although new manufacturing facilities are expected to be established in the future, no concrete plans have been laid out thus far. IPC's overall goal is to reduce the weight of its inverters by 98 percent, which will then help to lower the cost of ...  read more
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Chart AUD/JPY Update: Intraday trade remains subdued

posted by Avatar fxlady 228 days ago in AUD

by FXMarketAlerts Team - FXMarketAlerts | View company's profile With corrective upmove stalled below 76.80 resistance, intraday trade remains subdued with prices slipping below 75.90 support and now leaning towards 75.40 and break will increase ...  read more