Feedback Form

Avatar BloodDiamond

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

Asian stock market, economy and companies update (August 30, 2011)

posted by Avatar BloodDiamond 270 days ago in NZD made popular 270 days ago

AUD/USD fell 10 pips below $1.0655 on the news. NZD/USD got a boost off better than expected building permits data, extending initial gains about $0.8530, the highest level since Aug. 4th and AUD/NZD hit a fresh 2-week low arounf NZD1.25. ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Good morning Emerging Europe/Africa! FX HIGHLIGHTS PLN CZK HUF RUB TRY ZAR

posted by Avatar BloodDiamond 277 days ago in EUR, NZD

AUD and NZD similarly traded softly with prices firmly below 1.05 and 0.83 respectively. JPY Cross: USD/JPY dipped from 77.21 high to 76.63 as risk aversion returned and BoJ/MoF's new measures did not include directed currency intervention. ... read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

RESEARCH: EUR sentiment likely to be undermined

posted by Avatar BloodDiamond 278 days ago in EUR made popular 278 days ago

... they forecast the composite PMI to fall below 50 - the demarcation line between expansion and contraction. While they highlight that a sub 50 print does not necessarily imply an economy entering recession, EUR sentiment is likely to be undermined. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

No Relief Rally but the Dollar Squeaks By the Pound, Franc

posted by Avatar BloodDiamond 286 days ago in CHF

Earlier this month, the SNB warned that the strong currency threatened the Swiss economy. The SNB served notice that it was prepared to take action. Given the trend, it is no surprise that traders essentially ignored the warning. ... read more
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar lower vs. rivals, Franc plunges on peg speculation

posted by Avatar BloodDiamond 289 days ago in CHF, AUD made popular 289 days ago

Also Thursday, Australia's Bureau of Statistics said that the country's unemployment rate rose unexpectedly to 5.1% in July from 4.9% in June, the first increase since October. The dollar index, which tracks the performance of the greenback versus a ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Technical Crosses: AUD/USD, EUR/CHF, NZD/USD, USD/CAD

posted by Avatar BloodDiamond 292 days ago in CHF, CAD

The USD/CAD pair finished the day fairly flat after rising, falling, and generally chopping the market back and forth. The day in the oil markets was very wild as well, and this would certainly have an effect on the Loonie. The 0.98 resistance area has ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Barchart Morning Call

posted by Avatar BloodDiamond 292 days ago in JPY

The dollar index last Friday fell back from a 2-1/2 week high and settled lower on reduced safe-haven demand after US employers added more jobs than forecast in July and the unemployment rate unexpectedly fell: Dollar Index -0.526, USDJPY -0.432, ... read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Morning FX thoughts - 8 Aug '11

posted by Avatar BloodDiamond 293 days ago in NZD made popular 293 days ago

NZD also fluctuated in an ascending range to 0.8467 and opened slightly weaker to 0.8383, trading at 0.8405 as we write. AUD/NZD slid from 1.2500 to 1.2350. AUD/USD and NZD/USD outlook next 24 hours: The US downgrade should pressure the USD lower today ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD Relief Rally Slows Ahead Of FOMC, Sterling Up Against BoE

posted by Avatar BloodDiamond 294 days ago in USD

By DailyFX 08/06/11 - 09:40 AM EDT By David Song, Currency Analyst The US dollar regained its footing as the employment report for the world's largest economy topped market forecast, but the market reaction was certainly short-lived as the data sparked ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Instant view: BOJ eases policy after Japan forex intervention

posted by Avatar BloodDiamond 297 days ago in JPY

The Bank of Japan eased monetary policy by boosting its asset buying scheme in a rate review that was cut short by one day in the wake of Tokyo's solo intervention to weaken the yen. -- The nine-member board made the decision by a ... read more
33 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Japanese Stocks Rise as Government Sells Yen; Hitachi Advances

posted by Avatar BloodDiamond 297 days ago in JPY, CHF made popular 297 days ago

Toyota Motor Corp., the world's largest carmaker, advanced 1.4 percent to 3165 yen. Switzerland, also contending with a stronger currency rate, unexpectedly cut interest rates and pledged to boost the supply of the franc yesterday. ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

ForexLive US Wrap:

posted by Avatar BloodDiamond 297 days ago in USD

... US growth has slowed as economy grapples with high energy prices, other headwinds US Pres Obama: Debt ceiling crisis had unnecessary negative impact on US economy EUR/USD traded a 1.4258-1.4343 range in the session, hitting lows after the poor ISM, ... read more