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EUR enjoys improvement in global investor sentiment

posted by Avatar kim221b 715 days ago in USD, Technical, Daily made popular 715 days ago

Yesterday, the euro moved further away from the lows. This move was in step with a rebound of most other riskier assets. EUR/USD is nearing the first important resistance at 1.2150. read more
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Currency Crosses Pairs Analysis

posted by Avatar kim221b 716 days ago in USD, Technical, Daily made popular 715 days ago

Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.

Intraday: still above 0.8210/00 support, any rebound from here should be taken as an opportunity to short the pair. Watch for a break below 0.8200 read more
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EUR/USD Spiked after Positive News in China and Europe

posted by Avatar chezka 716 days ago in USD, EUR made popular 715 days ago

It appears a violent breach of the lower border on the daily chart’s Bollinger Bands has recently occurred, signaling that there is upward pressure on this pair. Supporting this notion is an imminent bullish cross on the daily chart’s Slow Stocha read more
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Euro Near One-Week High as Concern at Europe Debt Crisis Eas

posted by Avatar mountaindewd 716 days ago in USD, EUR, Fundamental made popular 715 days ago

The euro traded near a one-week high against the dollar and the yen as concern waned that Europe’s debt crisis will derail global growth. read more
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Australian unemployment falls

posted by Avatar annie 716 days ago in AUD, Employment made popular 715 days ago

Australia’s unemployment rate fell to 5.2% in May as full time employment increased for the ninth straight month, according to the Australian Bureau of Statistics. The number of people in jobs increased by almost 30,000 in May, with more than 11m read more
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Euro Down Vs Dollar; May Rise Above Key Level Soon

posted by Avatar hinata 716 days ago in EUR made popular 716 days ago

The euro fell against the dollar in Asia Friday, as investors adjusted their currency balances to prepare for a rise in the pair later in the global day on the view that Chinese economic data will provide a tailwind for European and U.S. share ma read more
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Gold rebounds after 1 pct drop, equity gains may weigh

posted by Avatar Binsonu 716 days ago in USD, Gold made popular 716 days ago

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors. read more
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USD slips following strong Chinese trade data

posted by Avatar jasumine 716 days ago in USD, Trade made popular 716 days ago

The dollar slipped Thursday as news of booming Chinese exports and improvement in U.S. jobless claims provided relief from nagging fears about the global economy. read more
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EUR/USD Holds Up In Asia

posted by Avatar megumi 716 days ago in USD, EUR made popular 716 days ago

I left for 7 hours kip with EUR/USD at 1.2115 and that’s where I find it now, with Asian trade confined to a fairly narrow 1.2094-1.2148 range. Well it’s Friday, which has tended to be risk-off Friday of late if my memory serves me correctly. Wi read more
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Gold, Dollar Will Falter

posted by Avatar fahrell 716 days ago in USD, Gold made popular 716 days ago

The U.S. dollar and gold will both falter as risk aversion trades start to come off, believes Jonathan Barratt, MD of Commodity Broking Services. He shares his outlook, with Greg Canavan, editor of Sound Money, Sound Investments and CNBC's Oriel read more
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Oil prices settle above $75 a barrel

posted by Avatar mateo 716 days ago in USD, Oil made popular 716 days ago

Oil prices topped $75 a barrel yesterday following reports that China’s economy is still booming and US jobless claims fell. Motorists found pump prices lower again, as retail gasoline prices continued to slide across much of the country. read more
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Trade Currencies And Make Profit Online

posted by Avatar jirachi 725 days ago in Special made popular 724 days ago

Forex currency trading has been expanding lately. The availability of the Internet has also made Forex market accessible. Nowadays people trade currencies across the world and from the comfort of their homes. Forex is open around the clock and th read more