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Good morning Emerging Europe/Africa! FX HIGHLIGHTS PLN CZK HUF RUB TRY ZAR

posted by Avatar ChocoFudgeCake 286 days ago in EUR, CHF made popular 286 days ago

... with GBP, AUD, NZD all higher vs USD, CHF as well. JPY Crosses: USD/JPY was relatively steady with modest downside bias which attracted heavy verbal intervention from the authorities, despite the better-than-expected Q2 GDP report. ... read more
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US June trade deficit biggest since 2008 at $53.1 bn

posted by Avatar ChocoFudgeCake 289 days ago in USD

The concern now is that a global slowdown will hobble a US economy that is in danger of stalling out. The deficit through June is running at an annual rate of USD 576.6 billion, 15.3 percent higher than the 2010 imbalance. A higher trade deficit ... read more
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EUR/USD Stronger on US Downgrade by S&P

posted by Avatar ChocoFudgeCake 293 days ago in EUR made popular 293 days ago

On Friday Euro/Dollar increased significantly with almost 250 pips on continuing US debt woes. The European currency appreciated from 1.4053 to 1.4298 on Friday, matching the positive Interbank sentiment projection at almost +1%, closing the week at ... read more
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USD/JPY marches up, key resistance broken

posted by Avatar ChocoFudgeCake 297 days ago in USD, JPY made popular 297 days ago

The Japanese Yen continues to weaken across the board, suggesting Japanese authorities remain very active on selling tones of yens to try to defend the fragile economy, still struggling to recover from the disastrous ... read more
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US Pres Obama: Debt ceiling crisis had unnecessary negative impact on US economy

posted by Avatar ChocoFudgeCake 297 days ago in USD, CHF

By Joe Brown || August 3, 2011 at 18:19 GMT Joe Brown: Hi Verik, just put something out on that, re the topside, , Think the main driver has been EUR/CHF since SNB reared its head this morning, with the EUR/USD... verik: Hey Joe, any idea who's been on ... read more
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EUR/USD: Bounces contained by 1.4250 now

posted by Avatar ChocoFudgeCake 299 days ago in EUR made popular 299 days ago

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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Japan Economy on Mend But Pace Set to Slow On Power, Yen

posted by Avatar ChocoFudgeCake 303 days ago in JPY, AUD

Absolute no-brainer really in UK to trade via spread betting but I think this avenue may soon be closed from what I hear Schubes: http://www.forexlive.com/blog/ 2011/05/16/cititechs-long-eura ud This nine week old EUR/AUD long position from May finally ... read more
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UK GDP and Other Reasons GBP/USD Should Reach 1.6550 in a Couple of Weeks

posted by Avatar ChocoFudgeCake 305 days ago in Economic Indicators made popular 305 days ago

Even so, we believe that a majority of MPC members will be reluctant to go back down that road unless the economy sees sustained, very weak activity. -IHS Global Insight The GBP/USD moved through the 1.64 level, though it retreated from there in NY ... read more
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ANZ market focus

posted by Avatar ChocoFudgeCake 307 days ago in NZD made popular 307 days ago

A 2.5 percent OCR is on borrowed time given strengthening growth and rising inflation nuances, despite obvious fragilities overseas and a turbo-charged NZD. We expect the tenor of NZ data to retain a robust tone this week, and look toward a ... read more
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Australian Dollar Outlook 7/14/2011

posted by Avatar ChocoFudgeCake 318 days ago in AUD, Commodities made popular 318 days ago

These strong figures eased some of the ongoing concerns that the Chinese economy is slowing. Base metals rallied overnight on the back of a weaker US dollar, nickel was up 1.4% and zinc up 0.5%. Gold traded up 1.5% to be trading at US$ 1586.00 per ... read more
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AUD/USD down in Asian trade

posted by Avatar ChocoFudgeCake 328 days ago in AUD, Economic Indicators made popular 328 days ago

By Forexpros.com Forex Pros pros - The Australian Dollar was lower against the US Dollar on Monday after the release of Australian data on Retail Sales. AUD/USD was trading at 1.0734, down 0.33% at time of writing. The pair was likely to find support ... read more
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AUD/USD down in US trade

posted by Avatar ChocoFudgeCake 337 days ago in AUD, Economic Indicators made popular 337 days ago

Forex Pros - The Australian Dollar was lower against the US Dollar on Friday after the release of US data on Core Durable Goods Orders. AUD/USD was trading at 1.0508, down 0.15% at time of writing. The pair was likely to find support at 1.0455, ... read more