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

posted by Avatar forexclaim 241 days ago in USD, EUR, CAD, AUD, NZD made popular 241 days ago

While it appears that financial leaders are committed to supporting the global economy, investors are concerned that their actions are too little too late, and that a double-dip recession is all but inevitable at this point. ... read more
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Australia Stock Market Report - Afternoon- 09/27/2011

posted by Avatar forexclaim 243 days ago in AUD

Despite the fall, petrol prices are still trading around four month highs. If the Australian dollar (AUD) was still buying close to US110 cents (as it was at the end of July), you would expect to be paying around 13 cents a litre less at petrol bowsers ... read more
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AUD/USD Down In U.S. Trade

posted by Avatar forexclaim 243 days ago in Economic Indicators made popular 243 days ago

By Forexpros on September 26, 2011 | More Posts By Forexpros | Author's Website Forexpros The Australian Dollar was lower against the US Dollar on Monday after the release of US data on New Home Sales. AUD/USD was trading at 0.9744, down 0.36% at ... read more
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NZD/USD weekly outlook: September 26-30

posted by Avatar forexclaim 244 days ago in NZD made popular 244 days ago

Forexpros Last week saw the New Zealand dollar plunge to a five-month low against its US counterpart, amid mounting concerns over the global economy and after disappointing domestic GDP data reduced expectations for a near-term rate hike by the ... read more
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Canadian Forex Midday: Cdn Dollar Sharply Weaker

posted by Avatar forexclaim 250 days ago in CAD made popular 250 days ago

19, 2011 (CNS Canada), Sep 19, 2011 (Commodity News Service Canada, Inc. via COMTEX) -- The Canadian dollar was sharply weaker at midday Monday, as global economic uncertainty had investors bailing out of riskier assets across the board. At 11:46 CDT, ... read more
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Maya Gold & Silver Acquires the Zgounder Silver Mine in Morocco

posted by Avatar forexclaim 253 days ago in CAD, Commodities made popular 253 days ago

The overall budget allocated to the transaction for the first 24 months is 20.5 million CAD and includes initial cash payment, exploration, infrastructure development in addition to mine and site rehabilitation. ONHYM will retain a 3% royalty on sales. ... read more
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BOJ's Shirai Leaves All Options Open as Overseas Economies Slow

posted by Avatar forexclaim 254 days ago in USD, EUR, JPY, CAD, AUD, NZD

... which has become its main policy tool since it cut the benchmark interest rate close to zero last year. Persistent gains in the yen may prompt more manufacturers to shift production and research bases abroad, Katsunori Nagayasu, ... read more
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Fluctuation to dominate oil prices till 2011 end

posted by Avatar forexclaim 261 days ago in USD made popular 261 days ago

... to settle at USD 111.33 a barrel after compared with USD 108.32 a barrel on Monday. Kuwaiti economist Bukhadhour Hajaj told KUNA that high oil prices, if no state of recession dominated the global economy, are in the interest of the United States. ... read more
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AUD market; bearish but not necessarily short

posted by Avatar forexclaim 264 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
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USD/CHF recovery, capped at 0.7900 area

posted by Avatar forexclaim 265 days ago in CHF made popular 264 days ago

Dollar retreat from 0.8245 highs last week, found support on Friday at 3-week low 0.7710, and the pair bounced up, favoured by Dollar strength after weak payrolls data, regained lost ground to find resistance at 0.7900/10 ... read more
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EUR/CHF Spikes above major trendline resistance

posted by Avatar forexclaim 271 days ago in CHF

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
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Asian markets advance as Bernanke boosts confidence

posted by Avatar forexclaim 271 days ago in EUR

... with investor's confidence bolstered by Bernanke's speech last Friday, which eased concerns about a new phase of recession in the US and boosted appetite for risk in Wall Street. In currency markets Euro and Pound have risen on risk appetite. ... read more