Feedback Form

Avatar milkyway

23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pohjola's analysts: Risks are still extraordinarily great - underweight ...

posted by Avatar milkyway 236 days ago in CHF made popular 236 days ago

The CHF bottom and fears of JPY intervention will provide potential for a stronger US dollar in the absence of other safe-haven currencies. In asset allocation, we will adhere to a tactical underweight position in equities and a neutral position in ... read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD Weekly Outlook: October 3-7

posted by Avatar milkyway 237 days ago in EUR, CAD made popular 237 days ago

The US dollar found strong support on Friday, as risk appetite was hit after an unexpected rise in euro zone inflation for September dampened hopes that the European Central Bank will cut interest rates to boost the region's economy. ... read more
23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Rumors of European 'TARP' Sends US Dollar Lower- Key Resistance Holds

posted by Avatar milkyway 242 days ago in EUR made popular 242 days ago

As noted in today's Winners/Losers report, the sterling continued to rally off fresh 2011 lows throughout the session as European debt concerns eased. However the rally may be short lived as the GBP/USD approaches strong resistance above the ... read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar regains ground as euro rally fades

posted by Avatar milkyway 243 days ago in all made popular 243 days ago

... against the pound, with GBP/USD climbing 0.64% to hit 1.5544. Earlier in the day, Bank of England policymaker Ben Broadbent said that the pound was likely to remain weak for some time and that the slowdown in global growth would weigh on inflation. ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold rallies on strong global cues, silver also shines

posted by Avatar milkyway 250 days ago in EUR, Commodities

Pure gold (99.9 purity) spurted by Rs 390 per 10 grams to end at Rs 28300 from Rs 27910. Silver ready (.999 fineness) firmed up by Rs 170 per kilo to conclude at Rs 64595 as compared to Rs 64425 last weekend. In Europe, spot gold was bid at USD 1824.45 ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Weekly Fundamental Analysis for September 19 23, 2011

posted by Avatar milkyway 252 days ago in USD

At 08:30 GMT, attention will be toward BoE minutes release which may show a split among policy makers as some may support Adam Posen in adding to the APF after the slowdown in the economy. At the same time public finance excluding interventions will be ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro Bond Hopes Lift U.S. Futures Ahead of Data

posted by Avatar milkyway 255 days ago in EUR

Retail sales, also slated for release at 8:30 am, are forecast to have climbed 0.2% in August. Analysts will be looking to what extent Hurricane Irene and growing economic headwinds hit sales by companies like Target (TGT) during the important ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD breaks below 1.5775 support

posted by Avatar milkyway 255 days ago in USD made popular 255 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
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Safe Haven No More: Swiss Franc ETF Collapses On Peg To Euro

posted by Avatar milkyway 262 days ago in CHF

With this sudden statement, investors immediately fled for the exits in the Swiss franc pushing the currency down by close to 10% against major currencies such as the dollar and the euro, helping to erase much of the franc's appreciation in recent ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD Technical Update

posted by Avatar milkyway 264 days ago in EUR

The Dollar Index, which tracks the greenback against the currencies of six major US trading partners, rose 0.3 percent to 74.970, after gaining 1.3 percent last week. The Stoxx Europe 600 Index of shares fell 2.3 percent and the MSCI Asia Pacific Index ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Asian, European Stocks Continue Rise

posted by Avatar milkyway 269 days ago in EUR, CHF

That leaves the EUR range-bound ahead of the European Financial Stability Facility vote, the CHF and JPY extremely overvalued but difficult buys amid the concerns of intervention and the growth-sensitive currencies (dollar bloc and scandis) sensitive ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Technical and Fundamental Analysis for the Week of August 29, 2011

posted by Avatar milkyway 273 days ago in CHF, Analysis made popular 272 days ago

The EUR/CHF ended the week after attempting to consolidate the gains since the start of the week amid tight ranged and choppy trading. Investors are still worried over the outlook for the global recovery and the debt crisis in the euro area which are ... read more