Feedback Form

Avatar chloegurl

3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Emerging Stocks Drop for Second Day on Euro Debt, China Rates

posted by Avatar chloegurl 325 days ago in EUR

July 6 (Bloomberg) -- Emerging-market stocks declined for a second day as Moody's Investors Service's downgrade of Portugal revived concern that Europe's debt crisis will damage global growth and China announced an interest-rate increase. ... read more
39 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Swedish Krona Rising on Rate Increase; Expecting Further Inroads Against Euro

posted by Avatar chloegurl 326 days ago in all made popular 326 days ago

Immediately following the announcement the Swedish krona (SEK) surged versus the euro to a Fibonacci retracement level. Citing strong economic growth and increased inflation expectations, the Risksbank hiked interest rates to 2.0% from 1.75%. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD forex technical analysis round-up: Jul. 4

posted by Avatar chloegurl 327 days ago in EUR

The euro is down 0.05% on the day and has reached a session high of 1.4579 with a low of 1.4507 so far. Later in the day, euro zone data on producer price inflation and investor confidence is to be published, while markets in the US will remain closed ... read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Asian Stocks, Euro Climb as Greek Concerns Ease; Baht Jumps

posted by Avatar chloegurl 328 days ago in EUR made popular 328 days ago

The euro also climbed on prospects the ECB will increase its benchmark interest rate to 1.5 percent from 1.25 percent at its July 7 meeting. Swaps traders are betting the central bank will raise its target rate by 76.9 basis points over the next 12 ... read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY update (30th June 2011, 09:30)

posted by Avatar chloegurl 331 days ago in USD, JPY made popular 331 days ago

Later tonight, a flood of Japanese data will be released, including the unemployment rate, consumer price index and non-manufacturing index, and these are likely to impact trading between the pair. At 3.20pm (London time), the Japanese yen fell further ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK Q1 Current Account Deficit Narrows

posted by Avatar chloegurl 333 days ago in USD, EUR, GBP made popular 332 days ago

The first quarter balance was equivalent to negative 2.5 percent of GDP. The deficit in goods trade fell by GBP 5 billion to GBP 22.2 billion and the surplus on trade in services rose by GB 0.8 billion to GBP 13.8 billion. At the same time, ... read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD update (21st June 2011, 06:00)

posted by Avatar chloegurl 341 days ago in AUD made popular 341 days ago

This sparked a change in sentiment for equity markets and a subsequent rebound for the AUD, which rallied to close the US session at 1.0582. A positive start to Asian trade continued this momentum, with the AUD moving up to levels just above the 1.06 ... read more
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold Steady as Euro Indecision Prompts "Massacre" Fears

posted by Avatar chloegurl 341 days ago in USD, EUR made popular 341 days ago

"It is becoming increasingly likely that the Fed will be on hold until 2013," reckons Princeton economist Alan Blinder a former colleague of Federal Reserve chairman Ben Bernanke predicting that interest rates will remain at 0.25%. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

FOMC meeting unlikely to provide any strong impetus

posted by Avatar chloegurl 342 days ago in CHF

EUR-CHF ended the week at about 1.21 just above the all-time low, despite the SNB's attempt on Thursday to ease upward pressure on the franc with a decidedly dovish monetary assessment. Given its current zero interest rate policy, however, ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The US dollar index was weaker in London and NY

posted by Avatar chloegurl 348 days ago in USD, AUD

GBP outperformed, rising from 1.6225 to 1.6385, a BOE bulletin flagging inflation risks. USD/JPY fell from 80.50 to 80.12. AUD was little changed in London and early NY, the equities recovery fuelling a surge from 1.0537 to 1.0638. ... read more
33 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Just in case you were feeling cheery to start the week

posted by Avatar chloegurl 349 days ago in AUD made popular 349 days ago

Sean Lee: Hi Bjorn, really not sure on AUD/JPY. Looks to me like stops will eventually be done so I'd play 83/85 range until immediate trend becomes clearer Bjorn: Morning Sean. What are your thoughts on AUDJPY? I'm guessing that the large stops you ... read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY Weekly Fundamental Analysis for June 13- 17, 2011

posted by Avatar chloegurl 350 days ago in USD, JPY made popular 350 days ago

The main focus will be on the bank's statement, where investors are waiting for the BOJ to take further steps to support the Japanese economy to exit the recession. The final reading for the Japanese industrial production for April is due 04:30 GMT, ... read more