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Market Notes: European Optimism Brightens Asian Markets

posted by Avatar eriathwen 215 days ago in EUR, AUD made popular 215 days ago

Canadian Dollar indicated uptrend versus all major currencies except AUD and JPY (1 CAD = 0.9942 USD with the hike of +0.00988 or 1.004%). Australian Dollar showed positive trend among all opponent currencies (1 AUD = 1.0402 USD with the gain of ...  read more
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USD/CHF above 0.9000 again

posted by Avatar eriathwen 221 days ago in CHF

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
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GBP/USD holds gains despite weak UK jobs data

posted by Avatar eriathwen 227 days ago in USD

Forexpros The pound held gains against the US dollar on Wednesday, remaining close to a two-week high, despite official data showing that the unemployment level in the UK rose to its highest level in almost 17 years last month. GBP/USD hit 1.5692 ...  read more
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Hungary Visible Trade Surplus Rises In August

posted by Avatar eriathwen 229 days ago in Economic Indicators

Hungary's merchandise trade surplus increased from last year in August, data released by the Central Statistical Office showed Monday. The trade surplus increased to EUR 492.4 million in August from EUR 445 million a year earlier. ...  read more
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EUR/USD extended the previous week's losses

posted by Avatar eriathwen 236 days ago in EUR, AUD

AUD/USD continued losing ground last week as the commodity currencies and risk assets in general sold off. The rate began the week making its weekly low of 0.9620 before trading sharply higher, in the absence of any significant economic data out of ...  read more
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Popular protest

posted by Avatar eriathwen 236 days ago in CAD made popular 236 days ago

Turkey's economy may have its weaknesses, a gaping current account deficit (CAD) and declining levels of savings, but as a growing economy it looks to the future with relative confidence and the country's main focus is on fixing pressing political ...  read more
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Risk markets ended the week lower

posted by Avatar eriathwen 237 days ago in NZD

USD/JPY rose from 76.50 to 77.20, the weak Japanese data hurting the otherwise preferred safe-haven currency. AUD fell from 0.9782 to 0.9661, and opens this morning in NZ slightly weaker. Given the two-agency downgrade on Friday, ...  read more
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Trading Week Outlook: Oct. 3 - Oct. 7

posted by Avatar eriathwen 238 days ago in Economic Indicators made popular 238 days ago

USD- US ADP-Automatic Data Processing Employment Report, a measure of jobs lost or added to the private sector of the economy, also serving as a leading indicator for the outcome of the monthly non-farm payrolls, Wed., Oct. 5, 8:15 am, ET. ...  read more
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USD/CHF: Bounces up to near-term range top at 0.9025

posted by Avatar eriathwen 239 days ago in CHF made popular 239 days ago

Dollar reversal from 0.9025 high yesterday, found support at week lows 0.8915, and the pair bounced higher on US session, favoured by Dollar strength, as risk appetite faltered, to extend gains in Asia, returning above 0.9000 ...  read more
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Coated steel sheet market price is flat around Tokyo

posted by Avatar eriathwen 240 days ago in JPY made popular 240 days ago

The market price is JPY 90000 to JPY 92000 per tonne for hot rolled coil based electro galvanized steel, JPY 100000 to JPY 102000 for cold rolled based electro galvanized steel and JPY 90000 to JPY 92000 for hot dip galvanized steel. ...  read more
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USD/JPY Up Toward The End Of European Session

posted by Avatar eriathwen 242 days ago in EUR, Economic Indicators made popular 242 days ago

By ForexMansion.com Forexpros The US Dollar was higher against the Japanese Yen on Tuesday after the release of US data on CB Consumer Confidence. USD/JPY was trading at 76.56, up 0.27% at time of writing. The pair was likely to find support at 76.11 ...  read more
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A recipe for disaster

posted by Avatar eriathwen 242 days ago in GBP made popular 242 days ago

We believe this is a balanced trade as although it is not a true hedge you are avoiding any barrier levels should GBP rebound during the lifetime of the trade. It is also relevant for buyers of sterling and sellers of other currencies.  read more