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EUR/USD tumbles on French downgrade fears

posted by Avatar chuzzle 290 days ago in EUR

EUR/USD hit 1.4162 during US morning trade, the daily low; the pair subsequently consolidated at 1.4169, tumbling 1.42%. The pair was likely to find support at 1.4054, the low of August 5 and a two-week low and short-term resistance at 1.4425, ... read more
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European Stock-Index Futures Retreat, Heading for Sixth Straight Decline

posted by Avatar chuzzle 296 days ago in EUR made popular 295 days ago

By Julie Cruz - Fri Aug 05 06:37:47 GMT 2011 European and US stock-index futures retreated, indicating that the benchmark Stoxx Europe 600 Index may extend its biggest weekly loss in more than a year, before a report on the US jobless rate. ... read more
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AUD has sunk to 5 week lows

posted by Avatar chuzzle 296 days ago in AUD, NZD made popular 296 days ago

Yesterday's figures showed the country's employment rate had not changed, and thus the last chance for the local economic docket to support the Kiwi passed without a ripple. On the cross rates, the Kiwi is lower against the Aussie, ... read more
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European stock market, economy and companies update (August 04, 2011)

posted by Avatar chuzzle 296 days ago in EUR, CHF

The CHF was a touch weaker in the session but basically contained within the upper end of Wednesday's SNB measures to curb CHF currency strength. USD/CHF at 0.7760 while EUR/CHF was trading at 1.1040 - The Telegraph's Evans-Pritchard said there were ... read more
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Dollar mixed in early Asian trade

posted by Avatar chuzzle 297 days ago in NZD made popular 297 days ago

The greenback was mixed against its Canadian, Australian and New Zealand counterparts with USD/CAD down 0.16% to hit 0.9604, AUD/USD up 0.20% to hit 1.0776, and NZD/USD lower by 0.12% to hit 0.8645. The dollar index, which tracks the performance of the ... read more
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Eurozone June Jobless Rate Steady At 9.9%

posted by Avatar chuzzle 299 days ago in EUR made popular 299 days ago

The euro area unemployment rate remained unchanged at 9.9 percent in June, data from Eurostat showed Monday. The rate came in line with economists' expectations. The jobless rate was 10.2 percent a year ago. Eurostat estimates that 15.64 ... read more
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EURO ZONE UNEMPLOYMENT RATE (JUL) ACTUAL***** 9.9 PCT******(POLL 9.9 PCT ...

posted by Avatar chuzzle 299 days ago in EUR

FxWire Pro by IBTimes is a fast-growing professional grade real-time Forex Newsfeed service providing forex traders with a comprehensive overview and insight of the global currency markets in real time. The service is built on IBTimes' global backbone ... read more
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Nikkei opens -1.1%, Kospi -1.6%

posted by Avatar chuzzle 304 days ago in CHF made popular 304 days ago

USD/JPY is trading at 77.90 and staying fairly quiet and there's no sign so far of any significant risk averse trading in the CHF and JPY crosses. Make significant savings on your international money transfers using FXstreet.com's Global Transfers. ... read more
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posted by Avatar chuzzle 304 days ago in NZD made popular 304 days ago

Includes return economy class airfares flying Lufthansa and partner airlines from Auckland to Athens and returning from Istanbul, one night in Athens and private airport/hotel/port transfers plus all airline and cruise taxes. Value $30000 NZD for two ... read more
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US Housing Stability Helps Wall Street Pare Losses

posted by Avatar chuzzle 311 days ago in Economic Indicators made popular 311 days ago

Should today's housing report out of the American economy prove positive, this sentiment could continue, driving the value of the US dollar (USD) lower while the EUR makes gains. The US dollar was seen trading with mildly bearish results at the start ... read more
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EUR/JPY up during Asian trade

posted by Avatar chuzzle 312 days ago in EUR

By Forexpros.com The pair was likely to find support at 110.66, Monday's low, and resistance at 112.35, Friday's high. Meanwhile, the Euro was up against the US Dollar and the British Pound, with EUR/USD gaining 0.08% to hit 1.4167 and EUR/GBP rising ... read more
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Czech government targets budget deficit at 3.5% of GDP

posted by Avatar chuzzle 312 days ago in CHF, Economic Indicators made popular 312 days ago

A far more interesting story currently takes place at the CHF/PLN currency pair. According to the most recent NBP's financial stability report, Swiss franc denominated housing loans stood at nearly 60% in September 2010. ... read more