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C$ pares losses on hope for euro zone action

posted by Avatar ColdFire 319 days ago in EUR

The Canadian dollar pared hefty losses against the US dollar on Tuesday morning following speculation that the European Central Bank was acting more forcefully to stem the euro zone debt crisis. ... read more
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Too Big to Fail or Too Big to Bail?

posted by Avatar ColdFire 319 days ago in EUR, CHF made popular 319 days ago

The dollar is higher against the EUR -0.73%, GBP -0.46% and lower against CHF +0.20% and JPY +0.62%. The commodity currencies are weaker this morning, CAD -0.46% and AUD -0.76%. The loonie has dropped against the greenback on demand for safety, ... read more
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EUR/JPY down during Asian trade

posted by Avatar ColdFire 320 days ago in EUR made popular 320 days ago

The pair was likely to find support at 112.19, today's low, and resistance at 116.81, Friday's high. Meanwhile, the Euro was down against the US Dollar and the British Pound, with EUR/USD shedding 0.18% to hit 1.4005 and EUR/GBP falling 0.14% to hit ... read more
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Finnish Visible Trade Deficit Widens In May

posted by Avatar ColdFire 324 days ago in Economic Indicators made popular 323 days ago

Finland's merchandise trade deficit increased in May, data released by Finnish customs department Tulli showed Friday. The trade deficit widened to EUR 255 million in May form EUR 240 million in April. In May 2010, the trade balance was a ... read more
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Pound Gains Versus Euro for 4th Day Before Interest-Rate Meeting

posted by Avatar ColdFire 324 days ago in EUR, GBP made popular 324 days ago

By Garth Theunissen July 7 (Bloomberg) -- The pound strengthened against the euro for a fourth day before a report expected to show factory output grew, even as policy makers are expected to keep the Bank of England's key interest rate at a record low. ... read more
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EUR/USD Pull Back Off One Month High on S&P Comments

posted by Avatar ColdFire 327 days ago in EUR made popular 327 days ago

On Monday the Euro/Dollar traded within 80 pip range. The European currency depreciated from 1.4578 to 1.4495 yesterday, not matching the positive Interbank sentiment projection at over +3%, closing the day at 1.4538. This morning the European currency ... read more
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EUR/USD Approaching supply zone

posted by Avatar ColdFire 334 days ago in EUR

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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Market Morning Briefing

posted by Avatar ColdFire 335 days ago in JPY made popular 335 days ago

Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering to our newsletter. The Dow (11934.58, -0.96%) fell quite a bit on Friday, but has managed to remain above the crucial Support at 11900. ... read more
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Political jitters seen weighing on Thai stocks

posted by Avatar ColdFire 339 days ago in USD, JPY, AUD made popular 339 days ago

----------------------MARKET SNAPSHOT @ 0219 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1287.14 -0.65% -8.380 USD/JPY 80.56 0.3% 0.240 10-YR US TSY YLD 2.9725 -- -0.007 SPOT GOLD 1545.4 -0.22% -3.360 US CRUDE CLc1 94.15 -1.32% -1.260 DOW ... read more
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Financials help push up TSX, Royal Bank sells off US retail banking operation

posted by Avatar ColdFire 341 days ago in USD made popular 341 days ago

The Canadian dollar was up 0.05 of a cent at 102.07 cents US. The greenback gained against most currencies, particularly the euro, as risk-averse traders bought into the American currency after a weekend meeting of eurozone finance ministers failed to ... read more
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Pound Sterling to Euro Foreign Currency Exchange Rate Forecast Inflation ...

posted by Avatar ColdFire 346 days ago in EUR, GBP made popular 346 days ago

By Jon Beddell Foreign Currency Market Update GBP / EUR Update The data calendar kicked off last week with EU producer price index coming in at 6.7%, slightly higher than expected. Then came retail sales for the euro zone, up 1.1% on the year when ... read more
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EUR/USD marginally firmer during Asian trade

posted by Avatar ColdFire 348 days ago in EUR made popular 348 days ago

Asian stocks have made ground, underpinned by Chinese data which included lower than feared inflationary data and solid production and retail sales numbers. The market has seemingly taken in it's stride the news that European finance ministers are to ... read more