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Lehman Catastrophic Moment Invoked as EU Seeks Crisis End

posted by Avatar keiragabe 225 days ago in EUR made popular 225 days ago

If Germany, the region's largest economy, quit the euro, its new exchange rate would probably surge 40 percent and interest rates 2 percentage points, UBS said. Banks would require recapitalization and trade would slide 20 percent. ... read more
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Dollar Fights Euro 'Hope' Trade

posted by Avatar keiragabe 226 days ago in EUR, CHF made popular 226 days ago

The dollar is higher against the EUR -0.29%, GBP -0.27%, CHF -0.31% and lower against JPY +0.53%. The commodity currencies are mixed this morning, CAD -0.33% and AUD +0.14%. There was no way that the loonie was going to be left out in the cold. ... read more
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Market Notes: Major Asian Markets Drop to Report Quarterly Losses

posted by Avatar keiragabe 232 days ago in AUD made popular 232 days ago

Canadian Dollar displayed downtrend versus all major currencies except USD and JPY (1 CAD = 0.9684 USD with the addition of +0.00846 or +0.881%). Australian Dollar showed uptrend among all rival currencies (1 AUD = 0.9841 USD with the increase of ... read more
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EUR/USD Erases Losses On ECB Liquidity Move

posted by Avatar keiragabe 233 days ago in EUR made popular 233 days ago

Elsewhere, the US Department of Labor said that initial jobless claims rose less-than expected to 401K last week, from an upwardly revised 395K the previous week. Analysts had expected jobless claims to rise by 411K last week. ... read more
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AUD/USD Declines In Early Asian Trade

posted by Avatar keiragabe 234 days ago in Economic Indicators

Meanwhile, payroll processing firm ADP said that the US economy added 91000 non-farm jobs in September, a slight gain from a revised 89000 the previous month, and above market expectations of a 70000 increase. The ADP report also noted that employment ... read more
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AUD/USD now looking bullish V.Bednarik

posted by Avatar keiragabe 235 days ago in AUD made popular 235 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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AUD/USD drifts south, fresh 3-day low

posted by Avatar keiragabe 241 days ago in AUD made popular 241 days ago

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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NY Session: Markets shift back into havens as uncertainty remains high

posted by Avatar keiragabe 241 days ago in NZD made popular 241 days ago

The relief rally was unable to extend gains in risky assets as equities declined and the high beta currencies NZD, AUD, and CAD were the worst performers against the greenback today. Markets took risk off the table and remained cautious ahead of key ... read more
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Canadian dollar heads lower amid falling commodity prices, EU uncertainty

posted by Avatar keiragabe 241 days ago in CAD made popular 241 days ago

TORONTO - The Canadian dollar was lower Wednesday amid falling commodity prices as oil, gold and copper pulled back from gains made in the previous session. The Canadian dollar dipped 0.42 of a cent to 97.66 cents US. Analysts noted that uncertainty ... read more
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AUD/USD Up In US Trade

posted by Avatar keiragabe 242 days ago in Economic Indicators made popular 242 days ago

By Forexpros on September 27, 2011 | More Posts By Forexpros | Author's Website Forexpros The Australian Dollar was higher against the US Dollar on Tuesday after the release of US data on CB Consumer Confidence. AUD/USD was trading at 0.9978, ... read more
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Fresh competition lowers fares to Queenstown

posted by Avatar keiragabe 244 days ago in NZD

From 22 December, Jetstar will operate a daily Wellington-Queenstown flight with an every day lead-in fare of NZD$79, and a twice-weekly Sydney-Queenstown flight starting from NZD/AUD$199 one-way at Jetstar.com. ... read more
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U.K. Key Monetary Policy Variables: Summary

posted by Avatar keiragabe 249 days ago in USD, JPY, GBP, CAD, AUD, NZD made popular 249 days ago

Effective Exchange Rate is the broad effective exchange rate, base Jan 2005 = 100. Latest bank rate and APF target are those announced at the last MPC meeting. * = M4 excluding intermediate OFCs, 3 month annualized. ... read more