Feedback Form

Avatar portelo

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

Economic views and news - Wednesday, 12 October

posted by Avatar portelo 228 days ago in NZD made popular 228 days ago

RATES: Expect markets to open broadly unchanged. Global interest rates are a tad higher, so chances of any rally (today at least!) look slim. CURRENCY: European Jaw boning and increased capital requirements on EU banks had little effect on NZD, ... read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US Dollar Likely Set Top versus Euro

posted by Avatar portelo 234 days ago in EUR, CHF made popular 234 days ago

by David Rodrguez - DailyFX | View company's profile Forex trading crowds continue to buy into US Dollar (Ticker: USDOLLAR) weakness, and our contrarian Speculative Sentiment Index calls for euro, British Pound, Swiss Franc, Japanese Yen, and Canadian ... read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

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

posted by Avatar portelo 235 days ago in USD, NZD made popular 235 days ago

However, Bernanke told Congress that the Fed currently sees inflation expectations as "quite low and quite stable," further suggesting that QE3 may be brought up sooner rather than later. However with no concrete announcement, the USD remains near the ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK OPENING NEWS INCLUDING: Cameron plans to revive 'right to buy' to get new ...

posted by Avatar portelo 236 days ago in EUR, GBP made popular 236 days ago

Even those stern guardians of anti-inflation orthodoxy on the Institute of Economic Affairs' shadow MPC have come over all dovish, voting 7-2 to hold Bank rate because of worries about the impact of the Eurozone crisis on Britain - David Smith. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound to euro exchange rate advances; more controversy ahead for the EUR

posted by Avatar portelo 239 days ago in EUR, Economic Indicators

Pound to euro has been trading sideways around 1.15 all week and seems likely to do the same today. Elsewhere, the pound to dollar edged lower after some better than expected US GDP data failed to stem strong dollar safe-haven flows, which have taken ... read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian dollar slips on euro zone doubts

posted by Avatar portelo 241 days ago in EUR, CAD made popular 241 days ago

The Canadian dollar drifted lower against its US counterpart on Wednesday as riskier assets remained vulnerable to doubts over the ability of European policy makers to stem a debt crisis that threatens to trigger ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

One Final Twist

posted by Avatar portelo 246 days ago in CHF

Closing bids: EUR/USD 1.3496 USD/JPY 76.58 GBP/USD 1.5466 USD/CHF 0.9057 AUD/USD 0.9778 NZD/USD 0.7753 Make significant savings on your international money transfers using FXstreet.com's Global Transfers. The opinions and analysis offered on Forexlive ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The USD gained to 1.3838 per EUR from 1.3877 yesterday

posted by Avatar portelo 253 days ago in EUR

A report today is expected to show consumer confidence in the US has recently gained, which has led to wins of the USD against most of its peers. However, we wish you a relaxing weekend, and much success in trading. The USD gained against most of its ... read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Carry Trades Lose Most in a Year as Dollar Gains on Slow Growth

posted by Avatar portelo 258 days ago in EUR, Economic Indicators made popular 258 days ago

Traders are betting that falling commodities, declining stocks, sluggish US growth and Europe's sovereign-debt crisis will diminish the appeal of currencies that benefited earlier this year from higher interest rates. The Federal Reserve's target rate ... read more
39 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The BoE kept its key benchmark interest rate and asset purchase facility ...

posted by Avatar portelo 261 days ago in CHF made popular 261 days ago

The CHF has fallen against its pairs amid speculation that the SNB has been checking forward rates and market talk of Middle Eastern buying in EUR/CHF. Australian Employment Change (Aug) M/M -9.7K vs. Exp. 10.0K (Prev. ... read more
43 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian dollar seen barely firming in year ahead: Reuters poll

posted by Avatar portelo 262 days ago in CAD made popular 262 days ago

The Canadian dollar is expected to hold near or just above current levels in the coming year on Canada's healthier growth prospects and higher interest rates compared to the United States. ... read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD extends slide near 1.0500

posted by Avatar portelo 264 days ago in AUD made popular 264 days ago

Past Friday, worse than expected US employment data triggered the sentiment that extends since Asian opening, pushing AUD/USD near 1.0520 by the time of writing, levels not seen in 6 days. According to the Mataf.net trading team, the pair has a short ... read more