Feedback Form

Avatar busybee

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

Currency Majors Technical Perspective

posted by Avatar busybee 297 days ago in AUD

Another negative day for aussie, the AUD/USD remains quite limited to the upside as per hourly chart: indicators are flat around their midlines, and price hovering around a strong Fibonacci area, the 61.8% retracement of last daily bullish run. ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Rupee snaps 3-day winning string, down by 11 paise Vs dlr

posted by Avatar busybee 302 days ago in EUR made popular 302 days ago

Strong dollar overseas too put pressure on the rupee. The dollar index, consisting of six major currencies, was up by 0.22 per cent while New York crude oil was trading below USD 97 a barrel in European market today. Mr. Pramit Brahmbhatt, CEO, ... read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The Euro: to leave or not to leave?

posted by Avatar busybee 302 days ago in EUR made popular 302 days ago

These expedients were necessarily going to become exhausted, and things started to go wrong with Germany's policy of wage deflation, which led it to increase its market shares, principally inside the euro zone. Even if the euro zone was in overall ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

VIX Flies; Debt Ceiling Plans Do Not

posted by Avatar busybee 304 days ago in EUR

... 10:00 Pending Home Sales 07:55 EUR German Unemployment Change 09:00 EUR Euro-Zone Business Climate Indicator 10:00 GBP CBI Reported Sales 23:01 GBK Gfk Consumer Confidence Survey 23:30 JPY Jobless Rate 23:30 National CPI Earnings Before: DDD, AGCO, ... read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD: second consecutive day of losses

posted by Avatar busybee 306 days ago in EUR made popular 306 days ago

Going forward, Tuesday sees the release of Consumer Confidence report from Germany and there is also a slew of government debt auctions, including T-bill sales by the Spanish and Italian debt agencies. The pair finished the session lower ahead of the ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro Rallies To New Multi-day Highs Against Most Majors

posted by Avatar busybee 309 days ago in EUR, CAD made popular 309 days ago

The next upside target level for the euro is seen at 1.335. Looking ahead, the German IFO business climate index for July is due for release at 4 am ET. Canada's CPI for June and retail sales for May are expected at 7 am and 8:30 am ET, ... read more
23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF holds modest gains ahead of EU summit

posted by Avatar busybee 310 days ago in CHF made popular 310 days ago

Forexpros - The US dollar held on to modest gains against the Swiss franc on Thursday, as investors remained watchful ahead of a critical euro zone summit meeting later in the day. USD/CHF hit 0.8237 during European early afternoon trade, ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BIS seen buying EUR/USD

posted by Avatar busybee 312 days ago in EUR made popular 311 days ago

I'm not asking for a trade , just your... nexus: I couldn't post, and just wanted to thank you for your fantastic Spread charts! I know you guys have a good terminal, but it is much appreciated. PS... shahani: morning Gerrywhat' s the weather like ... read more
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Decline in U.S. Real Interest Rates to Send Gold Past $1800

posted by Avatar busybee 312 days ago in all, Economic Indicators made popular 312 days ago

Whilst this inverse relationship is not perfect, it does have a distinct theoretical advantage over simply watching the USD versus gold relationship as sometimes both US dollars and gold can be in demand as safe haven assets. For example if there were ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Aussie declines against the greenback after the RBA minutes

posted by Avatar busybee 313 days ago in EUR, AUD

... time along with the European debt crisis that hurt the economic recovery in Australia, while the Bank noted that higher Australian dollar has dampened part of economy during the previous period. The AUD/USD pair started the day trading at 1.0634, ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Loonie lower, government debt worries push traders to safe havens

posted by Avatar busybee 313 days ago in EUR, CAD made popular 313 days ago

By Malcolm Morrison, The Canadian Press | July 18, 2011 TORONTO - The Canadian dollar was lower Monday morning as worries about European and US government debt sent traders to safe havens such as bullion and the US dollar. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Italian auction possible catalyst to blow 1.0800 stops

posted by Avatar busybee 318 days ago in AUD

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more