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Canada a great vacation spot despite the dollar

posted by Avatar ChocoFudgeCake 373 days ago in CAD made popular 373 days ago

(MarketWatch) As the summer travel season is set to begin, is the higher Canadian dollar discouraging Americans from visiting Canada, as new Canadian government figures seem to suggest? According to government agency Statistics Canada it is. ... read more
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Philadelphia Fed manufacturing index plunges in May

posted by Avatar ChocoFudgeCake 373 days ago in USD made popular 373 days ago

Following the release of the data, the US dollar was down against the euro, with EUR/USD climbing 0.11% to hit 1.4266. Meanwhile, US equity markets were mixed. The Dow Jones Industrial Average eased up 0.05%, the S&P 500 index dipped 0.1%, ... read more
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Oil Higher on Positive GDP numbers out of Europe

posted by Avatar ChocoFudgeCake 379 days ago in USD, EUR, CAD, AUD, Commodities

USD and equities have been the predominant price drivers for the oil complex as well as the broader commodity markets. The USD Index has declined almost to the point of hitting an historic low before stabilizing and moving into an upward pattern ... read more
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The EUR/JPY fell today

posted by Avatar ChocoFudgeCake 387 days ago in EUR

Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Forex Mansion doesn't bear any responsibility for any trading losses you might ... read more
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Bund futures open lower before ECB meeting

posted by Avatar ChocoFudgeCake 388 days ago in EUR made popular 388 days ago

Bund futures opened lower on Thursday ahead of a rate-setting meeting of the European Central Bank that could signal interest rates would rise again in June or July. Investors widely expect the ECB to leave interest rates ... read more
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Daily Forex Summary on USD, Euro, GBP, JPY, CHF, AUD, CAD, NZD and ZAR

posted by Avatar ChocoFudgeCake 389 days ago in USD, EUR, JPY, CAD, AUD, Economic Indicators made popular 389 days ago

Rumors have arisen that Greece may seek a restructuring, an easier name for default, later this year or early 2012 as debt has ballooned to 143% of GDP. However, its estimated that French and German banks own $91B of exposure to Greek government debt ... read more
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US Dollar knocked down on NASDAQ OMX Armenia

posted by Avatar ChocoFudgeCake 400 days ago in USD made popular 400 days ago

It is the third day since the US Dollar has shown high-rate depreciation on NASDAQ OMX Armenia. On April 22, the average AMD/USD exchange rate was AMD 373.75/US $1 against AMD 375/US $1 on Apr. 21 - 0.33% USD depreciation. The opening quotation was AMD ... read more
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Euribor rates continue on upward path

posted by Avatar ChocoFudgeCake 401 days ago in all made popular 401 days ago

The three-month Euribor rate EURIBOR3MD= -- traditionally the main gauge of unsecured interbank euro lending and a mix of interest rate expectations and banks' appetite for lending -- rose to 1.356 percent, the highest since late April 2009, ... read more
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Canadian Dollar Drops To 5-day Low Versus Euro

posted by Avatar ChocoFudgeCake 402 days ago in USD made popular 402 days ago

The Canadian dollar extended its previous session's downtrend against the euro in New York afternoon trading on Wednesday. The loonie dropped to a 5-day low of 1.3867 versus the euro by about 2:20 pm ET, which may be compared to Tuesday's ... read more
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Decoupling of the zloty and the koruna might point carry-trades

posted by Avatar ChocoFudgeCake 403 days ago in EUR made popular 403 days ago

The governor also added that the CNB would not be influenced by the ECB policy unless it would change its outlook for inflation on the euro-zone. Yesterday, the Hungarian parliament passed a new constitution for the country, ignoring protests and ... read more
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US DATA: MNI's US retail trade index slipped in 16.

posted by Avatar ChocoFudgeCake 404 days ago in USD made popular 404 days ago

Bush closed the investigation... pandu: JR, if healthcare is the elephant in the room, US defence spending is the sacred cow that nobody even dare mention. I read somewhere that all put together... B William: Sorry but I am confused. ... read more
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Euro Eyes 2010 High On Interest Rate Expectations, U.S. Dollar Remains ...

posted by Avatar ChocoFudgeCake 408 days ago in EUR made popular 408 days ago

In turn, investors may scale back expectations for higher borrowing costs in the UK, and the GBP/USD may trade within a broad range in the coming days as the central bank looks to support the real economy throughout the first-half of the year. ... read more