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Central bank defies overheating claims with inflation forecast

posted by Avatar newsinabox 303 days ago in Economic Indicators made popular 303 days ago

The past eight years under the AK Party has brought decreases in Turkey's inflation, budget deficit and unemployment, and improvements to economic growth. Turkey's CAD, on the other hand, spiked to 8 percent of its gross domestic product (GDP) because ... read more
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What Currencies Stand to Gain as Debt Ceiling Talks Continue

posted by Avatar newsinabox 303 days ago in EUR

The EUR/USD currency pair remains in a tightly structured range zone between 1.3850 and 1.4550. Money continued to flow in and out of the US Dollar and the Euro as market condition continued to be changed on a daily basis. So what gained in the process ... read more
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New Zealand Interest Rate Decision Looms

posted by Avatar newsinabox 304 days ago in NZD made popular 304 days ago

Odds are in favor of the RBNZ to signal a future rate increase but given the global backdrop of two debt crises and market positioning, disappointment by the RBNZ could initiate a sharp pullback in the NZD/USD. After the New Zealand interest rate ... read more
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USD/CAD Daily Fundamental Analysis For July 20, 2011

posted by Avatar newsinabox 311 days ago in CAD, Economic Indicators made popular 311 days ago

At 14:30 GMT, Canada will release the Monetary Policy Report, which will help shed more light over the recent developments in the Canadian economy and the BOC monetary policy. The United States Existing Home Sales for June are due at 14:00 GMT, ... read more
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Loonie, Monsanto, PetroBakken Vialoux's Technical Watch

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

The Canadian Dollar gained another 0.48 cents to $105.66 US in anticipation of an update by the Bank of Canada on Canada's monetary policy. The Canadian Dollar has a positive technical profile. Intermediate trend is up. The Canuck Buck bounced from ... read more
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AUD/USD Daily Fundamental Analysis for July 15, 2011

posted by Avatar newsinabox 317 days ago in AUD made popular 317 days ago

Investors' confidence faded due to the gloomy outlook for the US economy, pushing them to abandon the risky assets and shift to the dollar once again. The US economy is to release the consumer price index for June at 12:30 GMT, which is expected to ... read more
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US House Looks to Kill States' Right to Regulate Fuel Efficiency

posted by Avatar newsinabox 318 days ago in USD made popular 318 days ago

The bill included a 7 percent cut to Interior Department funding, dropping it to $9.9B USD, and a 18 percent cut to EPA funding, dropping it to $7.1B USD. The cuts were not popular with Democrats. Even as the bill seems set to be approved by the ... read more
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Japanese Stock Futures Decline on Weakest U.S. Jobs Growth in Nine Months

posted by Avatar newsinabox 321 days ago in JPY, Economic Indicators

The jobless rate rose to a 2011 high of 9.2 percent. The yen appreciated to 80.51 against the dollar, compared with 81.27 at the close of stock trading in Tokyo on July 8. Against the euro, Japan's currency strengthened to 114.40 from 116.55. ... read more
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EUR/USD Calm Before Today's ECB Meeting

posted by Avatar newsinabox 325 days ago in EUR made popular 324 days ago

On Wednesday the Euro/Dollar continued decreasing with 180 pips. The European currency depreciated from 1.4466 to 1.4285 yesterday, not matching the positive Interbank sentiment projection at nearly +5%, closing the day at 1.4318. ... read more
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Japanese Yen (JPY) Technical Major Currencies (2011-07-06)

posted by Avatar newsinabox 326 days ago in JPY

Trading continues around the MA 50 which resides with the 23.6% Fibonacci correction, noting the downside bias on the pair to trade below the mentioned MA. In general, we expect the pair to move in line with the suggested scenario on the chart over ... read more
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C$ little changed in light holiday trade

posted by Avatar newsinabox 327 days ago in all made popular 327 days ago

TO] Canadian interest rate poll.......... [CA/POLL] Reuters monthly Canadian dollar poll.[CAD/POLL] Reuters G7 quarterly economy poll.......ECONPOLL1 [ECILT/CA] Reuters global stocks poll (Canada)...EQUITYPOLL1 [EPOLL/CA] Weekly economic data poll. ... read more
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posted by Avatar newsinabox 334 days ago in NZD

Includes return economy class airfares flying Lufthansa and partner airlines from Auckland to Athens and returning from Istanbul, one night in Athens and private airport/hotel/port transfers plus all airline and cruise taxes. Value $30000 NZD for two ... read more