Feedback Form

Avatar forexanalysis

4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK: Bosses Who Demoted Christian Manager Feared Losing Gay Rights Award

posted by Avatar forexanalysis 207 days ago in GBP

After denying Smith's appeal of the demotion, which resulted in his salary being reduced from 35000 (about $60000 USD) per year to 21000 (about $34000 USD), the Trust gave him a letter explaining its concern over losing the award. ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD: The pair finished the session sharply

posted by Avatar forexanalysis 208 days ago in EUR, GBP made popular 208 days ago

In terms of the UK related economic commentary, UK's Business Secretary Cable said the UK can avoid a recession as the country is managing its finances properly. Elsewhere, the Treasury has held talks with the London Stock Exchange in the hope it will ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Currency Exchange Rates: Forex predictions - GBP, EUR, USD, AUD, CAD

posted by Avatar forexanalysis 212 days ago in EUR, GBP

This posed concerns over the resilience of an already flailing UK economy. There is an ongoing concern that the UK economy could face a double dip recession and there is very little appetite for the Pound at the moment. The Greenback has continued to ... read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

S.Africa's rand falls in late trade, bonds supported

posted by Avatar forexanalysis 213 days ago in USD, EUR made popular 213 days ago

The rand weakened for a second day to trade above 8 to the dollar as emerging markets came under pressure ahead of a European Union summit to try and resolve the euro debt crisis. "Mirroring the global moves, USD/ZAR shot up to 8.0 but fixed income ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The NFIB index continues to indicate recessionary conditions

posted by Avatar forexanalysis 227 days ago in GBP

GBP Sterling retreated from its one week high after the British Chambers of Commerce said the expansion of the central bank's monetary stimulus program might not be enough to prevent another recession. The government reported that manufacturing ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Chart USD/CHF Update: Consolidating, support at .9145

posted by Avatar forexanalysis 229 days ago in CHF made popular 229 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
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

India Forex Advisors/ Market Commentary/ 10_October_2011

posted by Avatar forexanalysis 230 days ago in USD, EUR, GBP, CAD, AUD, Commodities

USD/JPY: Yen is currently trading at 76.75 levels. Support is seen at around 76.12 levels while resistance is seen at 77.14 levels (55 days daily EMA). Yen exporters are suggested to book exposure partially at current levels and Importers can cover ... read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY Retreats In Mid-day Asian Trade

posted by Avatar forexanalysis 234 days ago in JPY, Economic Indicators made popular 234 days ago

I hold a very severe view of Japan's economy and its outlook. Taking this view into account, the BOJ has conducted powerful monetary easing, Shirakawa told Japan's parliament. EUR/JPY down 0.62% to hit 101.88, and GBP/JPY lower by 0.50% to hit 118.33 ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BoE preview: QE2 is coming

posted by Avatar forexanalysis 234 days ago in EUR

A second round of quantitative easing (QE2) will likely push UK yields even lower and send the pound weaker. Our 6M EUR/GBP forecast of 0.92 may seem distant and will not materialise as long as the European debt crisis keeps escalating and the dollar ... read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

German Retail Sales Declined More Than Forecast in August

posted by Avatar forexanalysis 239 days ago in EUR, Economic Indicators made popular 239 days ago

30 (Bloomberg) -- German retail sales declined the most in more than four years in August as concerns about the economic impact of Europe's sovereign debt crisis sapped consumers' willingness to spend. Sales, adjusted for inflation and seasonal swings, ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Trading Forecast

posted by Avatar forexanalysis 241 days ago in EUR

ForexEUR/USD`s and GBP/USD`s recovery came to a halt in Asian trading hours today, while in this European morning the buying currently returns to some degree. We expect another buying move later in the day, leading eventually to 1.3725/1.5720. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound to euro exchange rate is higher as likelihood of more QE grows

posted by Avatar forexanalysis 243 days ago in EUR, GBP

The euro exchange rate is also facing pressure from a dovish ECB which is expected to cut interest rates in October. The pound to euro exchange rate is 0.33% higher on the day with GBP to EUR at 1.1496. The pound to dollar exchange rate is 0.616% ... read more