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NZD/USD up on economic data

posted by Avatar techiegirl 195 days ago in NZD made popular 195 days ago

Forexpros - The New Zealand Dollar was higher against the US Dollar on Sunday after the release of NZ data on Core Retail Sales. NZD/USD was trading at 0.7896, up 0.53% at time of writing. The pair was likely to find support at 0.7733, Thursday's low, ...  read more
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TEX update on market report on Japanese ferroalloys import

posted by Avatar techiegirl 199 days ago in JPY

The strengthening yen hit a historically high at JPY 75.27 per USD 1 this week. Those distributors dealers who courageously quoted a bit lower prices than the competitors in the Q4 negotiations of silicomanganese with the EF mills can boast about their ...  read more
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UK OPENING NEWS INCLUDING: The Eurozone crisis could set the UK back by six ...

posted by Avatar techiegirl 201 days ago in EUR, Economic Indicators made popular 201 days ago

... GBP 205mln a year. The Eurozone crisis could set the UK back by six years according to leading forecasters. The Ernst & Young Item Club said the crisis could push Britain's GDP down by 4%, sending it back to levels it fell to during the recession ...  read more
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NZD/USD Weekly outlook: November 7-11

posted by Avatar techiegirl 202 days ago in NZD made popular 202 days ago

The kiwi dropped over 1.5% on Tuesday after Greek Prime Minister George Papandreou announced a referendum on the country's latest bailout program and a report showed that Chinese manufacturing activity fell to its lowest level since February 2009 in ...  read more
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US ISM factory down from 51.6 to 50.8 in Oct

posted by Avatar techiegirl 207 days ago in USD, NZD

AUD continued its domestic session fall, aided by the RBA's 25bp rate cut, from 1.0440 to 1.0271 but partly recovering late NY to 1.0380. NZD fell from 0.8080 to 0.7920 and firmed late to 0.7980. The Fonterra auction had no market impact, ...  read more
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Commodity Trading Gold rises; crude oil hits 11-week high

posted by Avatar techiegirl 215 days ago in Commodities made popular 215 days ago

Crude oil prices rose to its highest level since August 4, benefiting from a weak dollar, which fell near a record low against the yen, and a stronger euro today. Crude rose over US$90 a barrel in the US trading session. Risk appetite was elevated ...  read more
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AUD/USD slips in early Asian trade

posted by Avatar techiegirl 220 days ago in AUD

Earlier Wednesday, the US Bureau of Labor Statistics reported that the core consumer price inflation index rose less than expected last month, up 0.1% in September from 0.2% in August, the smallest increase since March. Economists had forecast the ...  read more
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AUD/USD trades on a firm tone; corrections limited

posted by Avatar techiegirl 227 days ago in AUD, Economic Indicators made popular 227 days ago

Just minutes ago, the Aussie popped up 10-15 pips to be back at its NY close level around 1.0150, after the median expected inflation rate, reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, rose to 3.1% in Oct from 2.8% ...  read more
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Fitch Assigns National Bank of Canada's Covered Bonds Series 2 Expected 'AAA ...

posted by Avatar techiegirl 227 days ago in CAD made popular 227 days ago

Interest received from the cover assets will be swapped into CAD floating-rate plus a margin. As there is no requirement to maintain a higher margin, Fitch limits its credit given to the minimum payment applicable under the swap, which must be sized to ...  read more
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USD/CAD up in U.S. trade

posted by Avatar techiegirl 243 days ago in CAD

USD/CAD was trading at 1.0317, up 0.34% at time of writing. The pair was likely to find support at 0.9918, Wednesday's low, and resistance at 1.0386, today's high. Earlier in the day, official data showed that new home sales in the US fell ...  read more
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Market Insight Report 09/23/2011

posted by Avatar techiegirl 247 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 247 days ago

... no change on the USD/JPY apart from a small move lower. The trading range is likely to continue to dominate trade in the near term. Silver collapsed in price after breaking below 39.00 and this saw the precious metal drop all the way to 36.00. ...  read more
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GBP/USD hits fresh highs

posted by Avatar techiegirl 249 days ago in USD

FXstreet.com (Crdoba) The Pound rose further against the Dollar after being able to hold above 1.5700 and hit a fresh daily high at 1.5745 but still remains trading below Monday's high that lie at 1.5755. The GBP/USD gained ground on Tuesday but ...  read more