Feedback Form

Avatar chuzzle

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

EUR/USD Slide Continues Ahead of Stress Tests

posted by Avatar chuzzle 317 days ago in EUR

... the stress tests for the European banking system; These could prove to be a lose lose situation for the euro; The pair is also pushed lower by the lower chances of QE3; We'll get to see how real this is with fresh inflation figures from the US. ...  read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian Dollar Recoups From Early Losses Versus Most Majors

posted by Avatar chuzzle 320 days ago in CAD made popular 320 days ago

The Canadian dollar recouped from early morning session's downtrend against most major currencies during New York late morning trading on Monday. The loonie that touched new multi-day lows of 0.9698 against the US dollar and 82.88 versus ...  read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD rangebound in Asia

posted by Avatar chuzzle 321 days ago in NZD made popular 321 days ago

The Kiwi opened Monday's trade with a 20-pip gap-down starting price of 0.8347, and has spent Asian session ranging between 0.8357/27. Settled back from the .8384 Friday's high though dips to see support at .8310 and .8290 ...  read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US Yield Is Two Basis Points From July Low on Growth Outlook

posted by Avatar chuzzle 321 days ago in USD made popular 321 days ago

By Wes Goodman July 11 (Bloomberg) -- Treasuries yields were within two basis points of the lowest level in July on speculation a government report this week will show US retail sales failed to grow in June as unemployment rose. ...  read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

All about interest rate decisions today

posted by Avatar chuzzle 324 days ago in EUR made popular 324 days ago

Murmurings of further QE have really knocked the stuffing out of the pound and the threat of parity with the single currency is still very much on the agenda. Whilst the ECB wants to look tough in the face of higher inflation by raising rates again ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pre Market Briefing, including US factory orders rose in May

posted by Avatar chuzzle 326 days ago in USD, EUR

At 0340GMT today, the EUR strengthened against the USD, gaining 0.19%, to trade at $1.4462. Yesterday, the EUR weakened 0.74% versus the USD, to close at $1.4435, after the composite PMI in the Euro-zone stood at reading of 53.3 in June, lower than the ...  read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Outlook July 4-8

posted by Avatar chuzzle 328 days ago in USD, Economic Indicators made popular 328 days ago

Manufacturing Production: Thursday, 8:30. The manufacturing sector is definitely suffering. A plunge of 1.5% was reported last month. This was not only a strong fall, but the third straight disappointment. A correction, with a small rise, is likely now ...  read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

European Profits Poised to Trail U.S.

posted by Avatar chuzzle 335 days ago in EUR made popular 335 days ago

That compares with a 165 million-euro estimate of analysts at SNS Securities. A construction slump and weak consumer spending hurt sales of lighting and audio, video and multimedia products, the company said. H&M said net income in the three months ...  read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Kiwi drops as New Zealand trade balance surplus retreats

posted by Avatar chuzzle 335 days ago in NZD made popular 335 days ago

The NZD/USD pair dropped, which recorded the lowest level at 0.8018 during the first day trading of this week. ecPulse.com, one of the leading independent dedicated entrance to the financial markets; we are an information provider and pledged our ...  read more
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD turns lower as Greece rally ebbs

posted by Avatar chuzzle 339 days ago in EUR made popular 339 days ago

EUR/USD pulled back from 1.4433, the pair's highest since June 15; the pair subsequently consolidated at 1.4377 during European late morning trade, down 0.23%. The pair was likely to find support at 1.4301, Tuesday's low and resistance at 1.4496, ...  read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro heads back towards recent lows on Greece

posted by Avatar chuzzle 342 days ago in EUR made popular 341 days ago

[ID:nLDE66D1JB] Risk reversals on euro/dollar options, which offer an indication of how strong demand is for euro put options compared to demand for euro call options, show that investors have a negative view on the single currency. ...  read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold and Silver Report - "Vanishing Silver? Not a Chance."

posted by Avatar chuzzle 344 days ago in Commodities made popular 344 days ago

As a reflection of the latter, the S&P Goldman Sachs Commodity Index fell by over 4% this week while the impact of the former yielded a 1.1% gain on the trade-weighted USD index. At this point, gold might have to turn in a performance that would result ...  read more