41 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
Market Notes: European Optimism Brightens Asian Markets
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 ...
3 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
USD/CHF above 0.9000 again
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 ...
4 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
GBP/USD holds gains despite weak UK jobs data
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 ...
4 votes
Vote story as "Fresh"
1 vote
Vote story as "Stale"
Hungary Visible Trade Surplus Rises In August
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. ...
2 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
EUR/USD extended the previous week's losses
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 ...
42 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
Popular protest
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 ...
4 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
Risk markets ended the week lower
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, ...
26 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
Trading Week Outlook: Oct. 3 - Oct. 7
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. ...
42 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
USD/CHF: Bounces up to near-term range top at 0.9025
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 ...
23 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
Coated steel sheet market price is flat around Tokyo
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. ...
33 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
USD/JPY Up Toward The End Of European Session
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 ...
31 votes
Vote story as "Fresh"
0 votes
Vote story as "Stale"
A recipe for disaster
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.


