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US wheat futures flat after steep falls on weak exports

posted by Avatar wizardfx 198 days ago in USD, Commodities made popular 198 days ago

FUNDAMENTALS * The US Department of Agriculture (USDA) on Thursday said US wheat exports last week totalled 298400 tonnes, below trader estimates of 450000 tonnes. * The United States is struggling to compete in the export market amid cheaper wheat and ... read more
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EUR/USD gave back the previous week's gains last week

posted by Avatar wizardfx 202 days ago in EUR, NZD

NZD/USD lost considerable ground last week as a combination of risk aversion and weaker economic data out of New Zealand took the rate down. The week began with the pair making its weekly high of 0.8226 before declining sharply as New Zealand Building ... read more
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USD/JPY Technical Outlook

posted by Avatar wizardfx 212 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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ForexLive Asian market wrap: Positive news out of China

posted by Avatar wizardfx 216 days ago in EUR made popular 216 days ago

... European leaders claim progress but no deal clinched yet Asian stockmarkets rise by 2.5% on average Gold +0.5% to $1645/oz AUD/USD has again been the main mover in Asia, with strong performances on regional bourses improving risk sentiment. ... read more
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Hitor Announces CAD Railway Industries Testing in Montreal, QC Canada

posted by Avatar wizardfx 218 days ago in CAD made popular 218 days ago

Extensive testing of the line of Nano-Jet models on a variety of gasoline and diesel engines has conclusively proven that fuel treated by these fuel performance optimizing devices produces measurably more power, increases fuel economy by an average of ... read more
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Global Trade and the Yuan

posted by Avatar wizardfx 218 days ago in Economic Indicators made popular 218 days ago

"By 2030, income per head in China - using market exchange rates, which include our view of a stronger CNY - could have risen from USD 4166 in 2010 to USD 21420. China, currently a big but poor economy, would become a middle-income economy - but on a ... read more
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The JPY is relatively flat this morning

posted by Avatar wizardfx 219 days ago in USD, JPY

While inflation remains near a three-year high, it is not at such restrictive levels that the Fed wouldn't step in to help the economy should growth slow further. Housing starts also surprised to the upside, gaining by 658K versus the 590K forecast. ... read more
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GBP/USD key support area holds for now

posted by Avatar wizardfx 222 days ago in USD made popular 222 days ago

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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Chart USD/KRW Update: Tight intraday trading

posted by Avatar wizardfx 225 days ago in USD, EUR made popular 225 days ago

USD/THB consolidated within 31.14-31.18 band in early trade on Wed, little changed from NY moves as EUR heaves in and out of 1.33 handle. Baht bulls nonetheless remain wary of making an appearance amid Eurozone contagion worries, amid Italian rating ... read more
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British Pound sterling: Currency losing ground to Australian dollar, gains vs USD

posted by Avatar wizardfx 229 days ago in GBP, AUD made popular 229 days ago

But good form vs the USD remains. The pound euro exchange rate is 0.366% higher with GBP EUR at 1.1532 at 10 AM in London. The pound US dollar exchange rate is 1.367% higher with GBP USD at 1.5645. Risk appetite is slowly recovering despite Friday's ... read more
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BOJ to stand pat, may warn of risks from Europe debt crisis

posted by Avatar wizardfx 233 days ago in EUR

The board meets after the European Central Bank kept interest rates steady but threw a lifeline to struggling banks to ward off a new credit crunch, while the Bank of England launched a second round of quantitative easing. Worries that Europe's debt ... read more
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Halifax UK HPI Drops Unexpectedly In September

posted by Avatar wizardfx 233 days ago in GBP made popular 233 days ago

Commenting on the report, Halifax housing economist Martin Ellis said, Greater uncertainty about economic and personal financial circumstances, together with pressure on householders' finances from weak earnings growth, higher inflation and increases ... read more