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"Chinese inflation data out today"

posted by Avatar twilight 226 days ago in NZD

The NZD opens unchanged against the AUD at 0.7830 and stronger against the other major cross rates at 0.5060 GBP, 0.5780 EUR, 61.60 JPY. On the local front we get NZ Manufacturing Index at 10:30 and Food Price Index at 10:45. ...  read more
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EUR/USD: (1.3800) Rebound puts pair above 1.3690

posted by Avatar twilight 226 days ago in EUR made popular 226 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
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European Bank Bailout Sparks Rally

posted by Avatar twilight 234 days ago in EUR, Economic Indicators made popular 234 days ago

The Australian Dollar (AUD) the Aussie was sold aggressively in the risk off environment breaking below 0.9500 and then 0.9400 with solid economic data providing little support. August Trade Balance surged to 3.1bn vs. 1.9bn forecast. ...  read more
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EUR/USD Tumbles To 81/2 Month Low On Greece Fears

posted by Avatar twilight 236 days ago in EUR

By ForexMansion.com Forexpros The euro extended losses against the US dollar on Monday, tumbling to an eight-and-a-half month low as better-than-expected US manufacturing data failed to overshadow concerns over a possible debt default by Greece. ...  read more
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RESEARCH: Events in euroarea may get worse

posted by Avatar twilight 240 days ago in EUR made popular 240 days ago

-We believe that events in the euro area may get worse before they improve and thus remain bearish on all European currencies versus the USD. -And with the ECB expected to dilute the EUR's interest rate advantage next week by cutting the policy rate ...  read more
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Canadian dollar heads lower amid falling commodity prices

posted by Avatar twilight 241 days ago in CAD made popular 241 days ago

TORONTO The Canadian dollar was lower Wednesday amid falling commodity prices as oil, gold and copper pulled back from gains made in the previous session. The Canadian dollar dipped 0.42 of a cent to 97.66 cents US. Analysts noted that uncertainty ...  read more
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Weekly Outlook: September 26-30

posted by Avatar twilight 244 days ago in GBP

The UK is also to publish industry data on retail sales, an important indicator of economic health. Later in the day, the US is to publish industry data on house prices, as well as a report on consumer confidence, a leading indicator of consumer ...  read more
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EUR/GBP: Rejected again at 0.8800 area

posted by Avatar twilight 246 days ago in EUR

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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EUR/GBP Extends Gains After BoE Minutes

posted by Avatar twilight 248 days ago in EUR made popular 248 days ago

EUR/GBP hit 0.8750 during European morning trade, the pair's highest since September 16; the pair subsequently consolidated at 0.8730, gaining 0.26%. The pair was likely to find support at 0.8669, Monday's low and resistance at 0.8788, ...  read more
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Dollar Rises on Speculation U.S. Consumer Confidence Rebounded

posted by Avatar twilight 254 days ago in Economic Indicators

The yen weakened versus the greenback as Asian stocks extended global gains in equities. "We're not expecting the US economy to return to double dip recession," said Thomas Averill, a director in Sydney at Rochford Capital, a currency and interest-rate ...  read more
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Enbridge to Twin Southern Portion of Athabasca for CAD 1.2 Billion; We Expect ...

posted by Avatar twilight 257 days ago in CAD made popular 257 days ago

The project supports our thesis that Enbridge will continue to build upon its dominant oil sands presence to drive meaningful growth for the company as a whole. With the addition of this project, Enbridge plans to place CAD 3.6 billion of regional oil ...  read more
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AUD/USD down in Asian trade

posted by Avatar twilight 265 days ago in AUD made popular 265 days ago

Forexpros - The Australian Dollar was lower against the US Dollar on Monday after the release of Australian data on Company Gross Operating Profits. AUD/USD was trading at 1.0593, down 0.48% at time of writing. The pair was likely to find support at ...  read more