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GBP/USD breaks above 1.5500

posted by Avatar hanazawa 148 days ago in USD, Economic Indicators made popular 148 days ago

The rising GBP/USD has already breached above 1.5500 psychological level. Although the last UK data in 2011, Nationwide Housing Prices, decreased below expectations, the greenback is being sold in higher quantities against ...  read more
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Australian Dollar Outlook - 21 December 2011

posted by Avatar hanazawa 158 days ago in AUD

So all in all, our take on the AUD, given the lack of data to come, is that this rally is potentially short lived, given the concerns for the health of the global economy. Majors: As written above, resilient German business confidence made the news ...  read more
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NZD/USD Weekly Outlook: December 19 23

posted by Avatar hanazawa 160 days ago in USD, NZD

Earlier in the week, the Fed warned that market turbulence stemming from the crisis in the euro zone posed a threat to the US economy but stopped short of indicating further stimulus measures, sending the greenback broadly higher. ...  read more
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US: North American Summary and Highlights 13 Dec

posted by Avatar hanazawa 165 days ago in USD

Equities started the day modestly firmer as Spanish and EFSF bill auctions sailed through, refusing to back down even after retail sales data underwhelmed. Stocks slipped precipitously after the Fed failed to deliver on the day's rumors of QE3, ...  read more
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FX USD/JPY: EUR downside holds Friday, USD/JPY in stasis again

posted by Avatar hanazawa 167 days ago in EUR made popular 167 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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Dollar Edges Higher As EU Summit Optimism Wanes

posted by Avatar hanazawa 171 days ago in EUR made popular 171 days ago

By Forexpros on December 7, 2011 | More Posts By Forexpros | Author's Website Forexpros The US dollar edged higher against its major counterparts on Wednesday, as hopes that this week's critical European Union summit would yield a breakthrough on ...  read more
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Tues Dec 7, Australia GDP better than expected

posted by Avatar hanazawa 172 days ago in AUD, Economic Indicators

*The biggest move was when Australia GDP came out better than expected and AUD prices spiked to 1.0270-75 from 1.0230-35. *Bigger offers were not tested at 1.0295-00, where the 100 day MA resides. *Prices have tested the technical resistance 6 times in ...  read more
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USD/CAD down ahead of data

posted by Avatar hanazawa 172 days ago in CAD made popular 172 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...  read more
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US wheat rises for 2nd day on exports; soy firm

posted by Avatar hanazawa 177 days ago in USD, EUR, JPY, CAD, AUD, Commodities

Chicago Board of Trade March wheat rose 0.5 percent to $6.17 a bushel by 0313 GMT, while top quality spring wheat traded on the MGEX for March delivery was up 0.8 percent $8.38-3/4 a bushel. March delivery corn rose 0.3 percent to $6.03 per bushel and ...  read more
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Euro Daily Close Below 1.3480 Should Open Fresh Downside

posted by Avatar hanazawa 193 days ago in EUR made popular 193 days ago

GBP/USD: After stalling by the 200-Day SMA and a major double bottom objective over 1.6100, scope exists for a resumption of what we believe to be a broader downtrend. Look for a daily close back under 1.5875 to confirm and accelerate towards next key ...  read more
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Flash: AUD/USD, cloudy outlook on EZ woes - NAB

posted by Avatar hanazawa 194 days ago in AUD made popular 194 days ago

"The RBA board minutes today are unlikely to add anything significant given the central bank has published new growth and inflation forecasts." The views and opinions expressed herein are the views and opinions of the author and do not necessarily ...  read more
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USD/JPY Sharply Lower In Afternoon US Trade

posted by Avatar hanazawa 197 days ago in JPY, Economic Indicators made popular 197 days ago

The yen generally strengthens during periods of economic instability, due to Japan's export-driven economy and its self-reliance in raising capital to balance current accounts. Meanwhile in the US, the University of Michigan reported Friday that its ...  read more