FreshPips.com / User / jonell / Voted

Euro rebounds in Asia after falling on Spain

posted by neorix 726 days ago in EUR made popular 726 days ago

The euro rose against major currencies in Asia yesterday after market players adjusted positions following the falls in the single European currency caused by Spain's credit rating cut, dealers said.

Discuss

AUD/JPY Rallies To Test Important Resistance Level

posted by jonell 727 days ago in JPY, AUD made popular 727 days ago

Since breaking lower on the 5th of this month, AUD/JPY has been below its 15-day MA. The 50% retracement of the second leg fall from 84.50 to 81.90 comes in at the same level which is at 78.15 and that, along with Fridays’ high of 78.00, should p

Discuss

Yen Falls on Political Turmoil

posted by erzon 727 days ago in EUR, JPY, Monthly

The yen dropped against its major counterparts amid speculation political turmoil will dent the currency’s safe-haven appeal after Japan’s Social Democratic Party left a three-way coalition government.

Discuss

Oil prices steadied after upwards drive

posted by vhinz316 727 days ago in EUR, Oil made popular 727 days ago

Oil prices steadied on Friday after an upwards drive was reversed by renewed concerns about the health of Europe's economy.

Discuss

USD/CAD Outlook – May 31 – June 4

posted by forexcrunch 727 days ago in CAD, Technical, Weekly made popular 727 days ago

A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD.

Discuss

EUR/GBP Still Drifting Lower

posted by jonell 730 days ago in EUR, GBP made popular 730 days ago

It seems that there is some buying interest in the cable at 1.4540 and the market has been unable to break below there for the last 4 hours. With the EUR/USD still sliding lower, this has meant that the EUR/GBP has ticked 40 pips lower on the day

Discuss

Consumer morale falls for third month in May

posted by krissylinne 730 days ago in GBP made popular 730 days ago

British consumer confidence fell for the third month in a row in May as people grew more fearful about the economic outlook and health of their own finances, a survey showed on Friday.

Discuss

Gold Bullish Despite Frightening Deflation in Money Supply

posted by sora 730 days ago in USD, Gold made popular 730 days ago

The price of physical gold in wholesale dealing slipped from an early 6-session high in London on Thursday, ticking back to $1207 an ounce but remaining 3.1% higher for May-to-date.

Discuss

Euro to Rally After Dropping Toward 108 Yen

posted by vhinz316 730 days ago in EUR, JPY made popular 730 days ago

The euro may reverse course after it falls toward 108 yen, the lowest level since November 2001, Bank of Tokyo-Mitsubishi UJF Ltd. said, citing trading patterns.

Discuss

Dollar and Euro Gain Against The Yen

posted by fahrell 730 days ago in USD, EUR made popular 730 days ago

The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).

Discuss

Mortgage rates close to record low

posted by erzon 730 days ago in USD, Housing, Trade made popular 730 days ago

Turmoil in the stock market and the European debt crisis are making life easier for U.S. homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.

Discuss

Euro Set for 5th Weekly Loss Vs Yen on Regulation Concern

posted by vhinz316 730 days ago in EUR, Weekly made popular 730 days ago

The euro headed for a fifth weekly loss against the yen as concern Europe’s fiscal crisis will lead to stricter financial regulations damped demand for higher- yielding assets.

Discuss