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Canadian dollar retreats slightly

posted by Avatar newsinabox 284 days ago in CAD made popular 284 days ago

The Canadian dollar CAD/USD-I slid against the US dollar Tuesday as commodity prices also slumped amid some worrisome economic growth figures from North America and abroad. The loonie lost 0.23 of a cent to 101.82 cents (US) at the close of markets ... read more
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AUD Continues to Flop as Housing Dips Further

posted by Avatar newsinabox 291 days ago in AUD, Economic Indicators made popular 291 days ago

The Australian dollar (AUD) was seen trading significantly lower versus most other currencies this morning after poor housing data drove the appeal of the Aussie even lower. Being linked to the value of commodities, the Aussie experienced an unexpected ... read more
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Asian stock markets jump on Fed's low rates pledge

posted by Avatar newsinabox 291 days ago in USD, EUR

The unemployment rate remains above 9 percent, despite the 154000 jobs added in the private sector in July. Worries are growing that Spain or Italy could become the next European country to be unable to repay its debt. High inflation in less-developed ... read more
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Oil & Gas Round-Up

posted by Avatar newsinabox 296 days ago in GBP, Commodities made popular 296 days ago

Global Petroleum (GBP) has appointed Peter Hill as Managing Director and Chief Executive Officer with effect from 1 September. Peter Hill was until recently the global head of Corporate M&A for Statoil. Previously he set up the international business ... read more
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Canada Dollar Drops Most in Year on Global Economic Slowing

posted by Avatar newsinabox 296 days ago in CAD made popular 296 days ago

The commodity complex is getting destroyed and the Canadian dollar is suffering along with the risk currencies. The Canadian currency weakened 1.7 percent to 97.81 cents per US dollar at 2:45 pm in Toronto, compared with 96.21 cents yesterday. ... read more
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USD/CAD jumps to 3-week high after BoJ move

posted by Avatar newsinabox 296 days ago in CAD made popular 296 days ago

Raw materials, including oil account for about half of Canada's export revenue. Elsewhere, the Canadian dollar was up against the euro, with EUR/CAD shedding 0.16% to hit 1.3759. On Friday, Canada was to release a government report on employment change ... read more
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GBP/USD trims losses while BoE keeps rates on hold

posted by Avatar newsinabox 296 days ago in USD, JPY

Forexpros The pound trimmed losses against the US dollar on Thursday, as the effects Japan's intervention began to wane, while the Bank of England left interest rates unchanged at record lows in a widely expected decision. GBP/USD pulled away from ... read more
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Dollar Steadies Versus Franc As Swiss Cut Interest Rates

posted by Avatar newsinabox 297 days ago in USD, CHF, AUD, Economic Indicators made popular 297 days ago

The dollar improved to CHF 0.7775 versus the Swiss franc, edging away from a record low near CHF 0.76. At the same time, the buck slipped to $1.4330 versus the euro, down almost two cents from last night's level. Eurozone retail sales growth topped ... read more
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Fairfax Market Report including Carbine Resources, DiamondCorp, Centamin Egypt ...

posted by Avatar newsinabox 298 days ago in JPY made popular 298 days ago

The Japanese debt crisis should give us some clues but Japan has benefitted from the difference between its ultra low domestic interest rate and higher rates elsewhere in the world while its national champions eg Sony, Hitachi etc. continued to ... read more
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EUR/JPY, USD/JPY Flows: MoF Noda, Edano verbal intervention, mkt waits ...

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

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Corn - Wheat - Coffee - Oil - EURUSD

posted by Avatar newsinabox 300 days ago in EUR made popular 300 days ago

by Layne Hermansen "Measured Move" market geometry Andrew's Pitchforks illustrated on soybeans, corn, wheat, coffee, oil and the EUR/USD. The middle line of the pitchfork is called "the median line". It acts like a magnet. ... read more
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EUR/USD bounces to 1.4300 after flash CPI

posted by Avatar newsinabox 302 days ago in EUR made popular 302 days ago

The EUR/USD is threatening to resurface above 1.4300 ahead of mid-day trade over Europe, following a slight decline in the flash EU CPI report. The pair bounced a quick 25 pips on the release, however runs into firm resistane ... read more