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Avatar aranel

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LD RATING 2 LAST

posted by Avatar Shari 9 days ago in CAD

PTI | 05:05 PM,May 17,2012 High CAD is also putting pressure on the rupee, which has High CAD is also putting pressure on the rupee, which has slumped 22 per cent since the beginning of the year. It plunged against the US dollar to a historic low of ... read more
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European Nations Observe Ascension Day; So Do the USD and JPY

posted by Avatar Vanjo 9 days ago in EUR, JPY made popular 9 days ago

The sterling (GBP), which was resilient before the Bank of England inflation report during the 5/16 session, is now catching up to the slide against USD and JPY. GBP/USD broke into new lows trading near 1.5850 ahead of the US session. read more
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Euro Consolidates Following 2nd Straight Spanish Economic Contraction

posted by Avatar ctrlaltdel 9 days ago in USD, GBP, Economic Indicators made popular 9 days ago

EUR/USD dropped following the GDP release, but the move could be seen more as a consolidation above the 1.2625 2012 lows, and less of a reaction to the expected economic contraction. DailyFX is the forex news and research arm of FXCM, Inc (NYSE: FXCM), ... read more
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Portugal Telecom Q1 net 56.5 mln eur, beats fcast

posted by Avatar ceronueve 9 days ago in all made popular 9 days ago

Portugal Telecom posted on Thursday a first-quarter net profit of 56.5 million euros ($72 million) to beat market consensus even as domestic revenues fell due to Portugal's deep recession and painful austerity. read more
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How to Trade Forex as Euro Reaches Four-Month Low

posted by Avatar doctorE 10 days ago in EUR made popular 9 days ago

So, how are you going to trade forex with the value of the euro falling and no resolutions coming out of Greece? Many investors will be looking towards the safe haven of the US dollar to provide shelter from the storm. Lauren Rosborough, a senior ... read more
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European Central Bank and European Leadership Need to Step Up Now

posted by Avatar edzy 10 days ago in EUR

It is true that in the grand scheme, Greece is a rather small threat to the broader economy, but if investors started to expect such exits from other countries as a result, this would truly be an unwelcome development which would significantly ... read more
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USD/JPY Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in USD, JPY, Technical made popular 9 days ago

The USD/JPY pair rose during most of the session on Wednesday as the pair continues to find support in the 80 “area”. However, the daily candle looks like a shooting star, and as a result it looks like the pair isn’t quite ready to take off yet. read more
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Natural Gas Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in Technical, Daily made popular 10 days ago

The natural gas markets had another strong day on Wednesday, continuing to gain and close above the $2.50 level. The move has been impressive, but the fundamentals aren’t changing. The supply far outweighs the demand, and this market seems to be read more
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Markets paused, awaiting the next update on the Greek crisis

posted by Avatar altogether 10 days ago in NZD made popular 10 days ago

AUD bounced from 0.9871 to 0.9968 before slipping with US equities to 0.9908. NZD underperformed, bouncing from 0.7624 to 0.7686 but then falling to 0.7636. AUD/NZD extended its month-long rally from 1.2940 to 1.2990. US housing starts bounce 2.6% in ... read more
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ForexLive Asian market wrap: Risk trades make modest recovery as Asia buys Gold

posted by Avatar kulas 10 days ago in AUD, Commodities made popular 10 days ago

AUD/USD followed its smaller neighbour higher and once Gold started to rise, the modest AUD recovery picked up a bit of pace. AUD/USD fell quickly by around 15 pips on the JP Morgan reports but overall its been a fairly insipid session. read more
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Around the markets

posted by Avatar JoryEd 10 days ago in Commodities made popular 10 days ago

Gold was up by 0.75% to $1548 but is now starting to ease back off those levels. Oil is trading back above $93/bbl. Any chance of momentum building in the FX market looks to be lost for this session at least, with AUD/USD and EUR/USD now backing off ... read more
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Dollar drops on robust Japan growth figures, Fed talk

posted by Avatar Dylan 10 days ago in USD, NZD

The dollar was down against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.09% at 1.0111, AUD/USD up 0.34% at 0.9946 and NZD/USD up 0.44% at 0.7676. The dollar index, which tracks the performance of the greenback versus a basket ... read more