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USD/JPY, GBP/JPY Flows: PM Noda on BOJ policy, Furakawa warns on FX

posted by Avatar HousingMarket 10 days ago in USD, EUR made popular 10 days ago

Acknowledges that JPY gains could hurt Japan economy and have various downside impacts. Watching downside risks to overseas economies. Closely watching European conditions. European debt conditions affecting FX markets. On FX, pressure on BoJ to do ... read more
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AUD/USD at 5-month lows; hit by Europe, China concerns

posted by Avatar xjessicax 10 days ago in EUR, AUD

Today, unofficial Australian consumer inflation expectations will be released at 01:00 GMT, but is unlikely to move the market. AUD/USD last trades at 0.9910. Should the bulls attempt to regain the upside, resistance is noted at 0.9946 (61.85, ... read more
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Technical Focus: GBPUSD

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

GBPUSD: With the pair selling off and breaking below its medium term rising trendline, further bearishness is expected in the days ahead. read more
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FOMC Minutes a Non-Event Against USD Strength: USD Index...

posted by Avatar FXTimes 10 days ago in USD, Fundamental, Daily made popular 10 days ago

“Several members indicated that additional monetary policy accommodation could be necessary if the economic recovery lost momentum or the downside risks to the forecast became great enough”. This is just rhetoric, and actually not as strong as we read more
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ALF Forex Strategy

posted by Avatar FxSuperb 10 days ago in USD, EUR, Technical made popular 10 days ago

ALF Forex Strategy read more
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Bombardier Transportation Celebrates 20 Years of Success in Mexico

posted by Avatar recessionfear 10 days ago in all made popular 10 days ago

Bombardier Transportation, a global leader in rail technology, celebrates an important milestone with 20 years of sustained and successful presence in the Mexican rail manufacturing industry. read more
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EUR/USD – Reward to Risk Assessment for Buying Near...

posted by Avatar FXTimes 10 days ago in USD, EUR, Technical made popular 10 days ago

The EUR/USD is trading at a 4-month low and continues to be weighed by the uncertainty in the Greek parliament, which is headed for a re-election on June 17. One ray of light does shine from the diplomatic and cooperative appearance of Hollande a read more
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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

posted by Avatar lchammer 10 days ago in USD, EUR, Daily made popular 10 days ago

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany's GDP by 0.5% in the Q1 of 2012 didn't slow down the fall of the Euro; the anxiety is still high read more
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GBP/USD Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, GBP, Technical made popular 11 days ago

The GBP/USD pair fell very hard on Tuesday to slam into the 1.60 level. The area was the site of a breakout last month, and should therefore be supportive now. However, the price action is very bearish, and the fact that the pair closed at the ve read more
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Europe GDP...and politics

posted by Avatar cbn 11 days ago in EUR, Fundamental, GDP made popular 11 days ago

Political uncertainty in Greece seems likely to keep markets unsettled for a while longer. Efforts to form a Government following the inconclusive elections of May 6 have failed. The country now appears headed for a second election on June 10t read more
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Technical Focus: USDCHF

posted by Avatar FXTechstrategy 11 days ago in USD, Technical, Daily made popular 11 days ago

USDCHF: With USDCHF breaking and hold above its key resistance at the 0.9331 level, it now looks to extend further upside gains towards the 0.9504 level, its Jan 13’2012 low. read more
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eur-usd trend chart for may 16 2012

posted by Avatar stockmarket 11 days ago in USD, EUR, Technical made popular 11 days ago

EUR, EUR/Crosses vulnerable to more downside, given heightened risks that Greece may exit Euro, read more