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Tokyo is Making it Hard to Dump the Dollar

posted by Avatar emmypiu 208 days ago in CHF made popular 208 days ago

That, they say, has implications for safe-haven buyers of yen and therefore the dollar. The endgame is that such actions could reinforce the USD being the 'risk off' currency of choice. That is, if the market cannot buy CHF or JPY when market stress ... read more
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Futures and Forex Crude Oil Silver and Gold Prices Fall while Dollar Gains ...

posted by Avatar emmypiu 220 days ago in AUD, Commodities

The USD climbed 0.30 percent vs the Australian dollar (AUD) and 0.54 percent vs the Canadian dollar (CAD). The dollar began to slip versus euro and Canadian dollar later in the day (see intraday chart below). The USD/JPY hit 76.82, the EUR/USD hit ... read more
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USD/CHF down on economic data

posted by Avatar emmypiu 226 days ago in CHF made popular 226 days ago

USD/CHF was trading at 0.8944, down 0.06% at time of writing. The pair was likely to find support at 0.8919, Wednesday's low, and resistance at 0.9275, Monday's high. Earlier in the day, official data showed that Producer price inflation in Switzerland ... read more
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AUD/USD up during Asian trade

posted by Avatar emmypiu 227 days ago in AUD, Economic Indicators

Forexpros - The Australian Dollar was higher against the US Dollar on Thursday after the release of Australian data on Employment Change. AUD/USD was trading at 1.0174, up 0.16% at time of writing. The pair was likely to find support at 0.9752, ... read more
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Europe hits banks with tougher capital test

posted by Avatar emmypiu 228 days ago in EUR made popular 228 days ago

Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and may need to raise some 100 billion euros (USD 137 billion), banking and regulatory sources said on Tuesday. ... read more
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British Pound Sterling: Currency recovers vs EUR and AUD, risk sentiment ...

posted by Avatar emmypiu 228 days ago in EUR, GBP made popular 228 days ago

This has served to favour the pound and the safe haven US dollar. Looking ahead we see there are some figures coming out of the UK economy. On the data front, UK industrial production and manufacturing production are both expected to decline 0.2% for ... read more
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Heavy Selling Back

posted by Avatar emmypiu 236 days ago in AUD, Commentary made popular 236 days ago

Looking ahead, September German Unemployment forecast at -8k and the Unemployment rate remained at 7.0%. The Japanese Yen (JPY) heavy crosses sent the major back to Y76.50 and this could come under more pressure if the EUR/JPY and AUD/JPY continue to ... read more
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EUR/USD Continues to Consolidate Above 1.3520 and Below 1.37

posted by Avatar emmypiu 240 days ago in USD, EUR, CAD, AUD made popular 240 days ago

While this is in no way a sign of improving employment trend, it provides a slight risk appetite that can support the EUR/USD correction rally. Let's see if the market can maintain above 1.36 in the US session. read more
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Equities, Riskier Currencies Sold off As Markets Fret Over a Return to a ...

posted by Avatar emmypiu 247 days ago in NZD

... NZD, CAD - suffered as traders and investors fretted about the possibility of another global recession. The outlook from the Federal Reserve - that the committee sees significant downside risks the US economy - added to a sense of gloom in US ... read more
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GBP/USD: The pair finished the session lower

posted by Avatar emmypiu 255 days ago in USD, Economic Indicators

The pair finished the session lower after the latest jobs report was braded unwelcome by the Employment Minister Chris Grayling prompted market participants to speculate over the potential need for an additional monetary policy easing by the BoE. ... read more
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GBP/USD: Below 1.5730, look for 1.5650 to 1.5620 - CharmerCharts

posted by Avatar emmypiu 255 days ago in USD

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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Canadian Dollar Weakens Most in a Month as Investor Appetite for Risk Ebbs

posted by Avatar emmypiu 260 days ago in USD, JPY, CAD, AUD, NZD, Economic Indicators made popular 259 days ago

Reports next week may show industrial production and retail sales slowed in the US, Canada's biggest trade partner. The sole driver of the Canadian dollar at the moment seems to be risk appetite, and when risk appetite is weak, the Canadian dollar ... read more