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Canadian Dollar Strengthens Against Major Rivals

posted by Avatar aranel 295 days ago in JPY, CAD made popular 295 days ago

The Canadian dollar that fell to a 2-day low of 79.71 against the Japanese yen in the Asian session moved in a sideways pattern in the succeeding trading hours. The loonie-yen pair inched higher to 80.96 around 8:30 am ET with 78.70 seen as the next ... read more
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British Pound Sterling continues to catch New Zealand, Australian dollars

posted by Avatar aranel 295 days ago in AUD, NZD

This makes an aussie interest rate rise this year significantly more unlikely," says exchange rate analyst Richard Driver at Caxton Fx. The Australian dollar has advanced so strongly in recent weeks, and with eurozone debt and global recession fears ... read more
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Dollar mixed following debt deal resolution

posted by Avatar aranel 298 days ago in NZD made popular 298 days ago

The greenback was mixed against its Canadian, Australian and New Zealand counterparts with USD/CAD up 0.04% to hit 0.9618, AUD/USD up 0.09% to hit 1.0779 and NZD/USD lower by 0.31% to hit 0.8634. The dollar index, which tracks the performance of the ... read more
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USD/JPY bullish above 78.10 V.Bednarik

posted by Avatar aranel 300 days ago in USD made popular 300 days ago

However, any USD bounce brought about by a debt-ceiling deal is likely to be temporary, and Non-farm payroll figures due this Friday will give us a bit more insight into how the economy is performing, according to Sean Lee, Editor at Forex Live. ... read more
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1.4435 now a key level

posted by Avatar aranel 304 days ago in all made popular 304 days ago

By Jamie Coleman || July 27, 2011 at 12:38 GMT Yesterday, EUR/USD found support at the broken downtrend line which came in at 1.4450. That line comes in at 1.4435 today, with the low so far at 1.4439, not coincidentally. Stop-loss sell orders are ... read more
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EUR/USD slips back below 1.4500 on cross selling

posted by Avatar aranel 305 days ago in EUR, AUD

EUR/JPY and EUR/AUD selling are the main drivers as EUR/USD falls back to its opening level near 1.4500. Make significant savings on your international money transfers using FXstreet.com's Global Transfers. The opinions and analysis offered on ... read more
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EUR/JPY down during Asian trade

posted by Avatar aranel 305 days ago in EUR made popular 305 days ago

The pair was likely to find support at 112.04, Monday's low, and resistance at 113.57, Friday's high. Meanwhile, the Euro was up against the US Dollar and down against the British Pound, with EUR/USD gaining 0.06% to hit 1.4518 and EUR/GBP falling ... read more
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Growth Streak Ends: USD Economic Index Falls in June

posted by Avatar aranel 305 days ago in USD made popular 305 days ago

The 0.2 percent decline in the University of San Diego's Index of Leading Economic Indicators wasn't much, but sufficient for its compiler, USD economics professor Alan Gin, to be concerned. Economists usually look for three consecutive changes in one ... read more
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Oil and Gas Round-Up: 22 July 2011

posted by Avatar aranel 309 days ago in GBP, Commodities made popular 309 days ago

Global Petroleum (GBP) has loaned its acquisition target, Jupiter Petroleum, a further A$619000 to allow Jupiter to meet the cost of ongoing work commitments on its licence offshore Namibia. Global had previously provided A$251000 to Jupiter. ... read more
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European Stocks Dip Ahead Of Summit

posted by Avatar aranel 310 days ago in EUR made popular 310 days ago

Meanwhile, the price of gold was steady near $1600, with gold for August delivery edging up $1.90 to $ 1598.80 an ounce. In economic news, euro zone current account deficit narrowed to a seasonally adjusted EUR 5.2 billion in May from EUR 4.8 billion ... read more
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Canadian dollar almost at three-year high on weak USD

posted by Avatar aranel 311 days ago in CAD made popular 311 days ago

The Canadian currency gained 0.2 percent to 94.86 cents per US dollar at 9:56 am in Toronto, compared with 95.01 cents yesterday. It touched 94.57, close to the 94.46 it reached on April 29, the strongest since November 2007. One Canadian dollar buys ... read more
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Canadian Dollar Could Gain if BOC More Hawkish than Expected

posted by Avatar aranel 312 days ago in CAD made popular 312 days ago

Initial resistance for the EUR/USD comes in at the 100-day moving average at 1.4290. Support is found at last week's low of 1.3835. US Housing numbers are forecasted to remain week but FX investors will likely be focusing on the US debt crisis. ... read more