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SNB Moves in to Weaken the CHF

posted by Avatar ctrlaltdel 297 days ago in CHF

The SNB rational was clearly driven by the expectations of further deterioration of the underlying economy, worries of the Global economic landscape and contribution a hyper strong CHF role in making Switzerland uncompetitive. ... read more
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Canadian Dollar Declines to Two-Week Low on U.S. Growth Concern

posted by Avatar ctrlaltdel 298 days ago in CAD made popular 298 days ago

The Canadian currency slid 0.3 percent to 95.95 cents per US dollar at 10:51 am in New York, from 95.70 cents yesterday. It touched 96.19, the weakest level since July 18. One Canadian dollar buys $1.0422. The loonie, as the currency is also known, ... read more
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Pound to euro trading at a very 'flattering' rate

posted by Avatar ctrlaltdel 298 days ago in GBP

This is a very worrying sign indeed for the UK economy and whilst the construction and services sectors look likely to show a slowdown in activity, it is vital they do not follow suit and contract. "The pound to euro is back up trading at a very ... read more
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Japan business lobby Keidanren: Exchange rate needs to be improved to an ...

posted by Avatar ctrlaltdel 307 days ago in JPY, CHF

I want a GBP/JPY trade. CHF is CLUSTER F>>KEED! Someone want's a AUD stretch?... nexus: Sean, I see where this is going! At least be a Mentor You taught my worthless ASS. A lot of people care about you. nexus: Mr. Brown I am growing Quite find of ... read more
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UFXBank - Week in Review -24-July-2011

posted by Avatar ctrlaltdel 307 days ago in Commodities

The GBP/USD pair ran into steady profit-taking at higher levels and was last trading against the US dollar at 1.6297. It gained 1.03 percent this week. In commodities, Crude oil climbed to a six-week gain on confidence that the US will increase its ... read more
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GBP/CHF up in European trade

posted by Avatar ctrlaltdel 309 days ago in EUR, CHF made popular 309 days ago

Meanwhile, the British Pound was down against the US Dollar and up against the Euro, with GBP/USD shedding 0.05% to hit 1.6322 and EUR/GBP falling 0.05% to hit 0.8829. Forexpros - Forex Pros offers a diverse set of professional tools for Forex, ... read more
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What's driving the Kiwi Express - UBS

posted by Avatar ctrlaltdel 310 days ago in NZD made popular 310 days ago

Anecdotal evidence suggests that FDI inflow this year will be at least several billion NZD; amounts significant enough to move the New Zealand dollar given its relative illiquidity." As the FX strategist explains, the New Zealand dollar has had an ... read more
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Loonie Edges Up As Bank Of Canada Hints Rate Hike In September

posted by Avatar ctrlaltdel 311 days ago in CAD

As widely expected, the Bank of Canada left its benchmark interest rate at one percent Tuesday morning. Although the Canadian economy is growing at a more robust pace than major trading partners, the Bank of Canada continues to guard against number of ... read more
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USD/CAD Daily Fundamental Analysis For July 15, 2011

posted by Avatar ctrlaltdel 316 days ago in CAD made popular 316 days ago

The US economy will also end the week on a high note with heavy data starting at 12:30 GMT with the Consumer Price Index for June. The index is expected with 0.1% drop following 0.2% rise and to hold at 3.6% on the year, yet core inflation is expected ... read more
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Asia Midday Highlights

posted by Avatar ctrlaltdel 320 days ago in NZD made popular 320 days ago

AUD and NZD similarly fell through 1.0600 and 0.8200 respectively, though the moves were general dollar strength than commodity weakness. JPY Crosses: Bearish sentiments engulfed the region, thickened by disheartening comments from IMF's Lagarde and ... read more
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EUR/USD update (5th July 2011, 15:45)

posted by Avatar ctrlaltdel 326 days ago in EUR made popular 326 days ago

The euro continued its decline against the US dollar this afternoon as media reports released earlier today indicated that Italy could be the next country to default on debt. Cracks in the Chinese banking sector and rumours of a possible interest rate ... read more
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Economic recovery slows as factories falter

posted by Avatar ctrlaltdel 338 days ago in all

[EUR/PMIS] "Economic activity is losing momentum quite rapidly. The pace of growth deceleration in May-June matches similar evidence in other industrialized countries," said Marco Valli at UniCredit. Earlier data from China -- which has been the main ... read more