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Sterling slips versus dollar, track's euro's fall

posted by Avatar chloegurl 296 days ago in USD, EUR, JPY, GBP, CAD

It was down around 0.4 percent on the day at $1.6360 in European morning trade, tracking a 0.4 percent fall in the euro against the greenback . The interest rate decision is due at 1100 GMT. "Sterling is largely being driven by international forces ...  read more
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US Dollar Higher Before GDP Data

posted by Avatar chloegurl 302 days ago in CAD, Economic Indicators

The USD/CAD, a pair that typically falls with the risk-on trade and rises with risk-off sentiment is attempting to establish a beachhead above the 0.9530 level. Resistance for the pair comes is at 0.9620 off of the trend line that falls from the ...  read more
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Asia Midday Highlights

posted by Avatar chloegurl 304 days ago in JPY made popular 304 days ago

Japan: Japan Retail sales for June +1.1%y/y, much better than expectation of -0.5%, coming in +2.9%m/m. - Japan: Econmin Yosano suggests he will wait for the outcome of the US debt ceiling talks before deciding on intervention. ...  read more
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AUD/USD up during Asian trade

posted by Avatar chloegurl 305 days ago in AUD

Forexpros - The Australian Dollar was higher against the US Dollar on Wednesday after the release of Australian data on CPI. AUD/USD was trading at 1.1032, up 0.68% at time of writing. The pair was likely to find support at 1.0796, Monday's low, ...  read more
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Stops down through 77.70 in USD/JPY

posted by Avatar chloegurl 306 days ago in USD, EUR made popular 306 days ago

By Joe Brown || July 26, 2011 at 06:31 GMT USD/JPY looking heavy as Europe opens with a UK clearer providing some weight on the dollar against some buyers sitting in the 78.00/05 area. Stops now apparently below the barrier at 77.75 which Sean ...  read more
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Research and Markets: Totalizing Fluid Meter and Counting Device Manufacturing ...

posted by Avatar chloegurl 306 days ago in Economic Indicators made popular 306 days ago

The industry's revenue for the year 2010 was approximately $6.0 billion USD, with an estimated gross profit of 27.65%. Import was valued at $442.7 million USD from 66 countries. The industry also exported $418.0 million USD worth of merchandise to 149 ...  read more
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EUR/USD weekly outlook: July 25-29

posted by Avatar chloegurl 307 days ago in EUR

In the euro zone, Germany is to publish government data on employment change, an important indicator of economic health. Later Thursday, the US is to release government data on initial jobless claims, a leading indicator of economic health, ...  read more
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USD/CAD up on economic data

posted by Avatar chloegurl 309 days ago in CAD made popular 309 days ago

USD/CAD was trading at 0.9487, up 0.56% at time of writing. The pair was likely to find support at 0.9424, Thursday's low, and resistance at 0.9635, Monday's high. Earlier in the day, official data showed that Canadian core consumer price inflation ...  read more
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Japan June Consumer Confidence Up Again But Level Still Low

posted by Avatar chloegurl 321 days ago in AUD, Economic Indicators made popular 321 days ago

Last year also when there was a carbon tax introduction talk, market views it negatively and AUD/USD fell by almost 100 pips and whenever... Efx: It's fantastic to know that PM Gillard is about to solve the global change issue. ...  read more
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ECB acting tough and running scared

posted by Avatar chloegurl 324 days ago in EUR made popular 323 days ago

Furthermore, labour market data this morning has shown the unemployment rate falling further to 2.8% in June. The pound crawls into and beyond rate meeting. Sterling failed to get excited by Thursdays MPC rate meeting, cable barely registering the ...  read more
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Rupee nudges up on share gains data eyed

posted by Avatar chloegurl 324 days ago in Commodities made popular 324 days ago

Foreign funds have pumped in USD 2.2 billion over nine sessions to Tuesday, latest data from the Securities and Exchange Board of India showed, as global appetite for risky assets perked up. "People are also anticipating (dollar) inflows from ONGC (Oil ...  read more
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Actions Speak Louder than Words

posted by Avatar chloegurl 324 days ago in CHF

EUR/CHF is still holding above 1.20, but only by the skin of its teeth. AUD & NZD: With NZ GDP pushed back a week, the focus will be on AU employment, which is expected to see a 15000 increase in jobs and a 'static' jobless rate at 4.9%. ...  read more