Feedback Form

Avatar babyblue

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

USD/CHF Weekly Outlook: October 3-7

posted by Avatar babyblue 237 days ago in CHF made popular 237 days ago

The report came after data on Thursday showed that the US economy grew slightly more than previously reported in the second quarter. In its final estimate for the quarter, the Commerce Department said gross domestic product grew at annual rate of 1.3%, ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD: recovery could extend to 1.5620/70 - CharmerCharts

posted by Avatar babyblue 243 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
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

ForexLive Asian market open: EUR trying to rally

posted by Avatar babyblue 244 days ago in EUR made popular 244 days ago

EUR/USD has seen a high of 1.3575 in early interbank trade after closing in NY on Friday night at 1.3515. The market isn't having much success hanging onto these gains and we are back at 1.3530 again. Not much change in the other majors. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

There Goes

posted by Avatar babyblue 247 days ago in AUD

1115 in SPX -500 in DJIA AUD tracking the declines at session lows EUR breaks the series of higher lows (this is bearish) USD/CAD to break upside of wedge next? Make significant savings on your international money transfers using FXstreet.com's Global ... read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD picks up to 1.0350 area

posted by Avatar babyblue 256 days ago in all, AUD

The AUD/USD is having an upside correction towards 1.0350 in early Tokyo trade. Price still consolidates in a limited range between 1.0240 and 1.0380 price zone, and a break of either extreme is needed to determine the next ... read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

This Week's US Macro Reports Key to FOMC's Decision On More QE

posted by Avatar babyblue 257 days ago in USD, EUR, JPY, CHF, CAD, AUD, Economic Indicators made popular 257 days ago

One will be a lessening of expectations of further quantitative easing; the other a calming influence on risk sentiment which could help boost risk appetite, which could actually be a bit of a USD negative considering the Dollar falls when investors ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/GBP rejected at 0.8720, dives to fresh lows

posted by Avatar babyblue 260 days ago in EUR made popular 260 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
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Oil And The Canadian Dollar

posted by Avatar babyblue 269 days ago in USD, CAD, Commodities

The Canadian dollar is a commodity currency as some of the experts tell us, with gold, oil, lumber and wheat exports helping the value of the loonie. Canada has also become the biggest supplier of crude oil to the US, as development of the Athabasca ... read more
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and NZD

posted by Avatar babyblue 274 days ago in USD, EUR, JPY, CAD, AUD, Economic Indicators made popular 274 days ago

Slow growth combined with government austerity measures and persistently high inflation has taken its toll on British consumers' purchasing power. The ongoing debt crisis in the Eurozone, the main destination for British exports, and slow growth in the ... read more
43 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

More Market Consolidation Expected Ahead of Fed Chair Event Risk

posted by Avatar babyblue 274 days ago in USD made popular 274 days ago

On the strategy front, while we are currently on the sidelines, we continue to like the idea of looking to be long Usd/Jpy at current levels. As per our technical analysis below, the market failed to show any fresh downside follow through after ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

New Zealand's trade balance rises unexpectedly

posted by Avatar babyblue 277 days ago in NZD

Because foreigners must buy the domestic currency to pay for the nation's exports, it may have sizable affect on the NZD. A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be ... read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD slumps on speculation of further Fed stimulus

posted by Avatar babyblue 278 days ago in USD, CAD made popular 278 days ago

Forexpros The broadly weaker US dollar was down against its Canadian counterpart on Monday, trading close to a two-day low as speculation that the US economy may require further stimulus by the Federal Reserve weighed on the greenback. USD/CAD hit ... read more