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Merkel, Sarkozy to Announce Plan to Resolve EU Debt Crisis

posted by Avatar ColdFire 229 days ago in JPY made popular 229 days ago

The EUR rose strongly to trade near 1.3500 while the GBP is trading above 1.5600. USDJPY traded in an even tighter range than normal due to a bank holiday in Japan and saw only a 15 points range despite a significant move in the majors. ...  read more
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888poker's Live Tournament Series, Super Stack, Now in Canada!

posted by Avatar ColdFire 232 days ago in CAD made popular 232 days ago

Buy-in for the event will be $185 CAD. The prize pool is estimated to reach over $20000+. Qualifying for the event is easy. 888poker.com offers hourly $1+.25 feeder tournaments and a weekly Sunday qualifier for $38+$3 at 9:00pm EST. ...  read more
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Asia Stocks Fall as Concern Over Europe's Debt Crisis Deepens

posted by Avatar ColdFire 235 days ago in EUR, AUD

Australia's S&P/ASX 200 dropped 0.5 percent after the Reserve Bank of Australia kept its benchmark interest rate unchanged. Hong Kong's Hang Seng Index fell 1.7 percent. Futures on the Standard & Poor's 500 Index fell 0.1 percent today. ...  read more
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Concert hall composites: Acoustic alchemy

posted by Avatar ColdFire 238 days ago in CAD made popular 238 days ago

In many cases, the computer model is used directly by the CNC machines for fabrication, and after fabrication, the same CAD models are used to check the dimensions of the fabricated parts as a quality-control measure, he adds. ...  read more
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USD Rebound To Accelerate, Yen Intervention Threats To Resurface

posted by Avatar ColdFire 241 days ago in USD made popular 241 days ago

However, the growing risk of a double-dip recession may instill a bearish outlook for the greenback, and the Federal Reserve may keep the door open to conduct another round of quantitative easing in an effort to encourage a sustainable recovery. ...  read more
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USD/JPY, AUD/JPY Flows: BoJ Shirakawa: economy in "severe situation ...

posted by Avatar ColdFire 241 days ago in JPY, AUD made popular 241 days ago

On FX, USD/JPY at 76.55-60, focus on downside risk as Japanese exporters, corporates continue to sell on rallies- talks of JPY repatriation. USD/JPY bids at 76.20-30, interest to sell on break of 76.00, then all time lows of 75.94 seen on Aug 19. ...  read more
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Asia Highlights- Tue 27 Sep,European talks sees EUR trade firmly

posted by Avatar ColdFire 243 days ago in EUR, NZD made popular 242 days ago

*The other majors generally tracked the EUR higher with GBP, AUD and NZD all gaining an initial bid tone. *AUD, in particular, traded above 0.9880 after stops were triggered through 0.9860. *USD/JPY, however, is a different story with repatriation ...  read more
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USD/JPY is continuing to decline inside

posted by Avatar ColdFire 248 days ago in USD

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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RBA minutes as expected

posted by Avatar ColdFire 250 days ago in AUD made popular 250 days ago

No mention of employment rate and the AUD/USD is seeing some mild short covering. The content of this field will not be shown publicly. RJ: What's the point?? Greece will do what Greece is told to do, end of story. nutjob: Sounds like a good idea, ...  read more
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Oil Price - Weekly Recap 12-16 September

posted by Avatar ColdFire 251 days ago in EUR, Commodities made popular 251 days ago

The sharp gains in the US and European stock markets may have provided some back-wind for oil prices to rise: the S&P500 index added to its value 4.62% during the week. The depreciation of the USD against major currencies may have also assisted in ...  read more
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Fundamental Analysis for September 6, 2011

posted by Avatar ColdFire 263 days ago in CHF, Analysis

On Tuesday at 14:00 GMT the US economy will release the ISM non-manufacturing index for August where previous reading was 52.7 and it's expected to retreat to 51.3. The EUR/CHF extended the bearishness with the start of the week as the euro remained ...  read more
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Euro banks under pressure on Italy Concerns

posted by Avatar ColdFire 264 days ago in USD, EUR, JPY, CAD, AUD

EUR/JPY and AUD/JPY selling is noted in markets and could fall further is the situation deteriorates. The Sterling (GBP) a weak Services PMI saw the GBP/USD break 1.6100 with August reading at 51.1 vs. 55.4 previously. EUR/GBP was able to pare back ...  read more