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Asia Session: News on China Dampens Risk...

posted by Avatar xjessicax 327 days ago in EUR made popular 326 days ago

by Forex.com Research Desk - FOREX.com | View company's profile Risk faltered today, pulling the EUR/USD from recent highs as news from Moody's on China helped to dictate the bullish run on the dollar. The single European currency was a victim of ... read more
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Greece's Slippery Slope

posted by Avatar xjessicax 329 days ago in EUR made popular 329 days ago

Prices and wages in both countries, he feels, are too high compared with the rest of the euro zone, and a dose of deflation might be necessary if both are to remain part of the European Monetary Union. The ECB might, if it chose, lend a helping hand ... read more
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Swiss Franc Mixed Against Majors

posted by Avatar xjessicax 331 days ago in USD, EUR, GBP, CHF, CAD made popular 331 days ago

The surplus dropped to CHF 17.3 billion in the first quarter from CHF 19.3 billion recorded during the same period last year. In the fourth quarter of 2010, the surplus amounted to CHF 19.4 billion. The surplus in goods account fell to CHF 5.1 billion ... read more
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Rupee ends 4 paise lower on month-end dollar demand

posted by Avatar xjessicax 334 days ago in EUR

Alpari Financial Services (India) CEO Pramit Brahmbhatt said, Initially dollar gained against major currencies like EUR, GBP and JPY in Asian markets, but fell in Europe. It also traded strong against rupee and touched a one-month high in spite of ... read more
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AUD/USD targeting lower levels

posted by Avatar xjessicax 339 days ago in AUD made popular 339 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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USD/JPY up on economic data

posted by Avatar xjessicax 342 days ago in USD, Economic Indicators made popular 342 days ago

By Forexpros.com Forex Pros The US Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on Trade Balance. USD/JPY was trading at 80.21, up 0.20% at time of writing. The pair was likely to find support at 80.01, ... read more
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AUD/USD bearish below 1.0500

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

Stimulated by a slide in stocks over past week, the Aussie closed Friday's trade at 1.0547, nearly 170 pips below its weekly open. Currently approaching key 1.0500 area, where the 38.2% retracement of this year bullish ... read more
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ECB and BOE Meetings Ahead

posted by Avatar xjessicax 353 days ago in Commentary, Commodities

AUD/PJY broke below the key Y85 level with the market struggling to find support. Overall the AUD/USD traded with a low of 1.0587 and a high of 1.0713 before closing the day at 1.0630 in the New York session. Oil & Gold (XAU) Gold came under profiting ... read more
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Trading Week Outlook: June 6 - June 10

posted by Avatar xjessicax 356 days ago in EUR made popular 356 days ago

As the US economic data disappoints and speculation of QE3 increases, the euro's direction will be driven by risk and will depend on whether the ECB would continue to fuel rate hike expectations. 8. USD- US Jobless Claims, an important gauge of ... read more
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Is it time to invest in gold or to sell the precious metal?

posted by Avatar xjessicax 358 days ago in JPY made popular 358 days ago

Everyone starts considering investment in gold as soon as some major events take place and can influence the exchange rate of EUR, USD, JPY or the price of crude oil and natural gas. What is this? Is it the echo of the golden standard times, ... read more
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Euro Rallies As EU Considers Second Bailout For Greece, US Dollar Mixed ...

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

Governing Council member Mario Draghi said there's a 'greater need' to normalize monetary policy further given the heightening risk for inflation, and went onto say that the ongoing turmoil within the European Financial system will not 'divert' the ... read more
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USD/CAD Remains Stuck in Sideways Range After GDP Release, Tomorrow's BOC ...

posted by Avatar xjessicax 361 days ago in CAD, Economic Indicators made popular 361 days ago

Flat consumer spending is also a poor sign for the economy's recovery. The Bank of Canada predicts growth will slow to a 2% pace in Q2. The USD/CAD has been trading in a range between 0.9740 and 0.9815, and today's it moved towards the support of that ... read more