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EUR/GBP ticking higher, interesting buyer seen in recent trade

posted by Avatar busybee 358 days ago in EUR made popular 358 days ago

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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EUR/GBP holds gains after rise in U.K. construction PMI

posted by Avatar busybee 359 days ago in EUR, GBP made popular 359 days ago

However, the data was unlikely to alter expectations that the Bank of England would raise interest rates this year after data on Wednesday showed that manufacturing activity in the UK grew at its slowest pace in 20 months in May. ...  read more
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EUR/USD update (1st June 2011, 06:00)

posted by Avatar busybee 361 days ago in EUR made popular 360 days ago

The EUR/USD saw good buying in early Asian trade, pushing to a session high of 1.4438. Some traders accredited the move to an article in Greek publication Kathimerini titled 'a new Greek deal with troika imminent', which suggested the ECB, ...  read more
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EUR/USD jumps on Greek loan deal hopes

posted by Avatar busybee 361 days ago in EUR made popular 361 days ago

The euro was also higher against the pound, with EUR\/GBP climbing 0.35% to hit 0.8701. Later in the day, the euro zone was to publish preliminary data on consumer price inflation, while Germany was to publish official data on unemployment change. ...  read more
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Spaniards vote in local elections marked by protests

posted by Avatar busybee 370 days ago in EUR

Tens of thousands of Spaniards demonstrated in the past week in city squares around the country against austerity measures that have kept a fiscal crisis at bay but aggravated the highest jobless rate in the European Union. The protesters have called ...  read more
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ForexLive US Wrap: Choppy in range, commodities link weakens

posted by Avatar busybee 374 days ago in USD, JPY

Failure to trigger the stops above session highs and talk of the US selling gold reserves to extend the debt limit prompted a washout to the 1.4112 level before prices stabilized. We close at 1.4240, about where we left it on Tuesday... USD/JPY got a ...  read more
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EUR/USD bids noted at 1.4200

posted by Avatar busybee 374 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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Crude down on euro zone, global growth woes

posted by Avatar busybee 376 days ago in all made popular 376 days ago

[ID:nLDE74F0ZA] * China needs to raise interest rates further to rein in stubbornly high inflation, an adviser to the People's Bank of China said. [ID:nL4E7GG072] * US President Barack Obama warned Congress on Sunday that failure to raise the ...  read more
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Has the Euro Liquidation Ended?

posted by Avatar busybee 379 days ago in EUR made popular 379 days ago

It was only seven trading sessions ago when the euro was testing the 1.50 level versus the USD. The euro's gain at the expense of the USD was in large part driven by interest rate differentials. In a valiant effort to stem global inflationary prices ...  read more
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Kimco Realty's CEO Discusses Q1 2011 Results - Earnings Call Transcript

posted by Avatar busybee 387 days ago in USD, CAD

Subsequent to quarter end, we sold the remaining investment we had in the Valad convertible bonds to Blackstone for AUD $165 million. At the time we reached a binding agreement with Blackstone, we entered into a foreign currency forward contract to ...  read more
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USD/CHF oversold, look for signs of reversal - Commerzbank

posted by Avatar busybee 387 days ago in CHF

The pair is targeting 0.8500 and 0.8393 levels, where Jones advices to look for signs of reversal: "USD/CHF's downmove targets the psychological support at .8500 then the base of a seven year support channel at .8393. The daily RSI is in oversold ...  read more
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Fed Sets Expiration Date on U.S. Dollar Downtrend

posted by Avatar busybee 389 days ago in USD, EUR, GBP, CAD, AUD, NZD made popular 389 days ago

Last week's Federal Reserve monetary policy meeting offered little to beleaguered US Dollar bulls, with the most notable announcement being policymakers' firm intention to complete QE2 in full and let the program expire as scheduled in June. ...  read more