Feedback Form

Avatar princess

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

NZD/USD downtrend back in play

posted by Avatar princess 241 days ago in NZD

The kiwi is falling in early Asian trade after Wednesday saw NZD/USD unable to revert the dominant trend during the US session when commodities and equities fell sharply; the pair finished the day near session lows at 0.7760 ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar Mixed In U.S. Afternoon Trade

posted by Avatar princess 246 days ago in EUR, Economic Indicators

By Forexpros on September 23, 2011 | More Posts By Forexpros | Author's Website Forexpros The US dollar was mixed against its major counterparts in US trade Friday, following an announcement by European finance officials that a coordinated effort was ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Raising the overnight deposit rate by 25bp to 3.75%

posted by Avatar princess 255 days ago in CHF

The Hungarian government's plans for early repayments of CHF- and EUR-denominated mortgage loans, at about 20% below current market rates, have substantially increased risks in the forint. Looking at PLN/HUF, this could be observed as a halting or ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK Interest Rates On Hold

posted by Avatar princess 261 days ago in GBP, Economic Indicators made popular 261 days ago

The Bank of England on Thursday left its key interest rate unchanged at a record low again as expected and maintained the size of the quantitative easing at GBP 200 billion. At the end of two-day rate setting meeting, the Monetary Policy ... read more
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Rough close for NZD

posted by Avatar princess 265 days ago in NZD made popular 265 days ago

Expect selling interest to intensify should the NZD find itself poking above 0.8500USD. RATES: NZ swap rates traded lower overnight on the back of the weak US data and are likely to open down 2-3 points today. CURRENCY: A rough close to last week for ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Global cues may make or mar markets on Monday

posted by Avatar princess 266 days ago in Economic Indicators

In its annual report for 2010-2011 released on August 25, 2011, RBI said that there is a need to step up savings in the economy. The current account deficit (CAD) that finances the saving-investment gap has averaged less than 1% of GDP over past two ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Flash: NZD/USD seen at 0.9100 in the first half of 2012 - Wells Fargo

posted by Avatar princess 269 days ago in NZD made popular 269 days ago

With fundamentals and confidence improving following the earthquake that hit NZ earlier this year and inflation pressures also intensifying, "the central bank has shifted to a mildly hawkish stance, signaling that it could soon reverse the 'insurance' ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Japan July Jobless Unemployment Rate Rises to 4.7%, Statistics Bureau Says

posted by Avatar princess 271 days ago in JPY, Economic Indicators made popular 271 days ago

By Aki Ito - Mon Aug 29 23:51:05 GMT 2011 Japan's jobless rate rose for a second straight month as a stronger yen and the global economic slowdown weigh on the outlook for the country's anticipated rebound from the March 11 earthquake. ... read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Foreign Oil Producers Seek to Return to Libya After Unrest Subsides

posted by Avatar princess 278 days ago in Commodities made popular 278 days ago

The opportunity of a recovery in Libyan crude output as Moammar Gadhafi's regime faces defeat has drawn mixed reactions from oil prices. Brent North Sea crude for October delivery plummeted by USD 2.46 to USD 106.16 per barrel in late morning deals. ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY opens strong, intervention likely

posted by Avatar princess 279 days ago in USD made popular 279 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

A calm Start, but are we in for a rough week?

posted by Avatar princess 285 days ago in CHF made popular 285 days ago

As a certain calm descends upon the stock markets and Gold retreats from its record highs above $118 the main focus of attention now has been on the SNB and its determination to weaken the Swiss Franc with measures that I highlighted last week. ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Exchange rate markets consolidate: Forecasts for USD, EUR, JPY and GBP

posted by Avatar princess 288 days ago in EUR, GBP

After a strong risk rally yesterday, markets drifted off the highs overnight with the US dollar stronger across the board. The euro dollar exchange rate is 0.456% lower with 1 EUR = 1.4202 USD. The pound euro exchange rate is 0.216% higher with 1 GBP ... read more