FreshPips.com / User / bigbellyfoo / Voted

Are the Tides Turning for the Canadian Dollar?

posted by trade2win 1398 days ago in CAD, Fundamental made popular 1390 days ago

In 2007, the Canadian Dollar was named Time Magazine’s Canadian Newsmaker of the year. Having hit a high of 0.9059 against the US dollar, it smoked its US counterpart. At the time, the Loonie skyrocketed because of a booming economy and skyrocket

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Oil Is Steady After Gaining on Attack on Shell Nigeria Pipel

posted by maximumpips 1398 days ago in Oil

Crude oil was little changed after rising yesterday as Royal Dutch Shell Plc reduced Nigerian production because of an attack on a pipeline by militants.

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U.S. to post record-high budget deficit in 2009

posted by pipsmgee 1398 days ago in USD, Fundamental, Trade

The U.S. is on track to post a record-high budget deficit in 2009 thanks to the ongoing economic slump and stimulus checks to consumers, the White House announced Monday.

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Platinum, Palladium Futures Rise as Dollar Falls Against Eur

posted by halfwatertest 1398 days ago in Daily made popular 1397 days ago

Platinum futures rose as the dollar
fell against the euro, enhancing the appeal of the metal as an alternative investment. Palladium also climbed, snapping a two-week slide.

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Dollar Steady Versus Other Majors Monday Morning

posted by nancypants 1398 days ago in USD, Fundamental, Employment made popular 1398 days ago

The dollar was on pause versus other major currencies Monday morning in New York as traders looked ahead to later this week for key data on the labor market.

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Pound Falls, Gilts Rise as House Prices Drop Most Since 2001

posted by pippinallnite 1398 days ago in GBP, Fundamental, Housing made popular 1398 days ago

The pound fell against the euro and the dollar and gilts rose after U.K. house values dropped in July by the most in at least seven years, increasing concern the economy is headed toward a recession.

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Dollar Falls Against Euro, Yen on Widening Bank-Loss Concern

posted by pippinallnite 1398 days ago in USD, EUR, JPY made popular 1398 days ago

The dollar fell from near a three- week high against the euro and declined from its strongest in a month versus the yen on concern U.S. credit losses will widen.

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German GfK Consumer Confidence Weakest Since June 2003

posted by fxhottie 1398 days ago in EUR, Fundamental, Consumer made popular 1398 days ago

The German consumer confidence for August deteriorated to its weakest level in more than five years, adversely influenced by fears of recession, continuing financial market crisis and record price increase, resulting from rocketing energy prices.

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Japanese Consumer Price Rises Accelerate in June

posted by wiredprg 1402 days ago in JPY, Fundamental made popular 1401 days ago

Japan’s core consumer prices, which include energy and processed food, increased in June at the fastest rate since the Japan's lost decade-and-a-half began in 1992 - at least if we strip out the temporary spike caused by the effect of the consu...

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What Kind of Currency Trader Are YOU? Part III

posted by sovsoc100 1402 days ago in Daily made popular 1401 days ago

All this week, I've been talking about the different types of foreign-exchange traders. Basically, different traders attack the foreign-exchange market with different trading styles.

Today, I'm going to talk about the final type of FX trader.

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Firming Dollar Looks Good To Asia's Exporters

posted by halfwatertest 1402 days ago in Daily made popular 1401 days ago

Asian stocks bounded higher Thursday, with Japanese, Korean and mainland Chinese benchmark indexes each rising more than 2%. Investors poured money into exporters' stocks, encouraged by lower oil prices and a stronger dollar. Australia had a smal

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3 Currencies to Think About Shorting

posted by fxhottie 1402 days ago in EUR, GBP, NZD made popular 1402 days ago

Over the past few weeks, it has becoming increasing clear which countries and their currencies are headed down the gutter: The 3 currencies that I am most bearish for the near term are

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