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Euro Gains As ECB's Trichet Says No Policy Change

posted by Avatar shadowf 715 days ago in USD, EUR made popular 715 days ago

The U.S. dollar lost ground versus most major rivals Thursday, while the beleaguered euro held most of its gains after European Central Bank President Jean-Claude Trichet said its bond-buying program, a surprise decision last month, doesn't repre read more
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Canadian employment rises

posted by Avatar sophia 716 days ago in CAD, Employment made popular 715 days ago

Canadian employment rose by 25,000 in May, the fifth consecutive monthly increase. The unemployment rate was unchanged at 8.1% from April. read more
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EUR enjoys improvement in global investor sentiment

posted by Avatar kim221b 716 days ago in USD, Technical, Daily made popular 715 days ago

Yesterday, the euro moved further away from the lows. This move was in step with a rebound of most other riskier assets. EUR/USD is nearing the first important resistance at 1.2150. read more
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Currency Crosses Pairs Analysis

posted by Avatar kim221b 716 days ago in USD, Technical, Daily made popular 715 days ago

Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.

Intraday: still above 0.8210/00 support, any rebound from here should be taken as an opportunity to short the pair. Watch for a break below 0.8200 read more
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Euro Near One-Week High as Concern at Europe Debt Crisis Eas

posted by Avatar mountaindewd 716 days ago in USD, EUR, Fundamental made popular 715 days ago

The euro traded near a one-week high against the dollar and the yen as concern waned that Europe’s debt crisis will derail global growth. read more
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Binary Options Analysis – The Dollar Slides

posted by Avatar jonell 716 days ago in USD, Gold, Oil made popular 715 days ago

Oil rose for a third straight session for the first time in more than a month. Oil gained $1.52 and closed at $75.48 a barrel. Gold was down for a third straight session, losing more than $10 an ounce to close at 1,222.20. The U.S Treasury sold $ read more
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Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

posted by Avatar Precisetrader 716 days ago in Technical, Daily made popular 716 days ago

EURUSD closed @ 12125 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and read more
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Oil prices settle above $75 a barrel

posted by Avatar mateo 716 days ago in USD, Oil made popular 716 days ago

Oil prices topped $75 a barrel yesterday following reports that China’s economy is still booming and US jobless claims fell. Motorists found pump prices lower again, as retail gasoline prices continued to slide across much of the country. read more
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High public debt could lead to higher rates

posted by Avatar trader 716 days ago in EUR, Inflation

High and rising public debt could force the European Central Bank into higher interest rates to anchor inflation expectations, European Central Bank Governing Council member Axel Weber said on Wednesday. read more
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UK holds rates before budget cuts

posted by Avatar sassygirl 716 days ago in GBP, Inflation made popular 716 days ago

The Bank of England yesterday kept its bond stimulus programme in place and left its benchmark interest rate at a record low to aid the economy as UK Prime Minister David Cameron prepares the biggest budget cuts since at least the early 1980s. read more
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Crude Oil Snaps 3 Days of Gains on Concern China Growth

posted by Avatar sassy 716 days ago in Oil, Consumer made popular 716 days ago

Crude oil fell, snapping three days of gains, on concern the economic recovery in China may slow and curb demand from the world’s second-largest energy consumer. read more
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House prices fall

posted by Avatar mateo 719 days ago in GBP, Yearly, Housing made popular 719 days ago

House prices in May were 6.9% higher on an annual basis according to latest data from the Halifax. This was the largest increase in the annual rate of change – measured by the average for the latest three months against the same period a year ear read more