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USD/JPY lower in Asian trade

posted by Avatar Gimmy 304 days ago in USD, JPY made popular 304 days ago

Forexpros - The Japanese yen strengthened against the US dollar in Asian trade Thursday as dealers await the outcome of negotiations in the US to raise the nation's debt ceiling before an August 2 deadline. In mid-day trade USD/JPY was lower by 0.04% ... read more
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NZD/USD down on economic data

posted by Avatar Gimmy 306 days ago in NZD made popular 306 days ago

Forexpros - The New Zealand Dollar was lower against the US Dollar on Monday after the release of NZ data on Trade Balance. NZD/USD was trading at 0.8620, down 0.25% at time of writing. The pair was likely to find support at 0.8527, Wednesday's low, ... read more
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Euro crisis: 'Britons will be around 24pc worse off - a loss of 177 for every ...

posted by Avatar Gimmy 307 days ago in EUR

Meanwhile, the Bank's own interest rate is set to remain at a rock-bottom 0.5pc thanks to weak economic growth e_SEnD bad news for savers. Any further problems in the eurozone will weaken our economy even more, meaning that Bank Rate will stay lower ... read more
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NZD giving up some gains to end the week

posted by Avatar Gimmy 310 days ago in NZD made popular 310 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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Sterling rises, euro suffers broadly from debt crisis

posted by Avatar Gimmy 313 days ago in USD, EUR, GBP, AUD made popular 313 days ago

Market participants said the advantage of euro interest rate differentials against sterling has been dissipating as the spotlight remains fixed on the debt crisis, which now risks spreading to Italy, the bloc's third largest economy. ... read more
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Expect Gold to break US$1600, says Emirates NBD Precious Metals Report

posted by Avatar Gimmy 314 days ago in AUD, Commodities

New all-time highs against an array of currencies - first against the EURO and GBP, followed by the AUD and last but not least against the USD. This latest rally was sparked by the actions and comments from the rating agencies which highlighted and ... read more
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US Dollar Off 2-day High Against Canadian Dollar

posted by Avatar Gimmy 316 days ago in EUR, CAD made popular 316 days ago

The US dollar that advanced to a 2-day high of 0.9626 against the Canadian dollar at the beginning of Friday's European session erased gains shortly. The greenback depreciated by 0.5 percent to reach as low as 0.9576 against the loonie ... read more
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Broadly weaker dollar near record low against Swiss franc

posted by Avatar Gimmy 318 days ago in CHF made popular 318 days ago

Forexpros The US dollar held small gains against the Swiss franc on Wednesday, to hover just above the pair's all-time low as concerns over sovereign debt contagion in the euro zone supported demand for the safe haven franc. USD/CHF hit 0.8280 during ... read more
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USD Weakness Could Be Short-Lived, All Eyes On EU Stress Test

posted by Avatar Gimmy 323 days ago in USD made popular 323 days ago

The US dollar pared the overnight advance following a dismal employment report and the greenback may continue to trade heavy throughout the remainder of the day as the new development portrays a slowing recovery in the world's largest economy. ... read more
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Swiss Franc Weakens Against Majors

posted by Avatar Gimmy 323 days ago in USD, EUR, JPY, CAD made popular 323 days ago

Meanwhile, the unadjusted jobless rate fell to 2.8 percent as expected from 2.9 percent in the previous month The franc fell to a 2-day low of 1.2151 versus the euro and the next downside target level for the franc is seen at 1.23. ... read more
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Recent order book

posted by Avatar Gimmy 324 days ago in JPY made popular 324 days ago

EUR/JPY: Offers at 117.00. Stops above. Bids down in 116.40 to 116.20. Stops under 116.00 Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as ... read more
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Dollar Gains On Euro As China Hikes Interest Rate

posted by Avatar Gimmy 325 days ago in EUR made popular 325 days ago

The dollar was generally stronger Wednesday morning in New York, gaining significant ground against the euro after another Chinese interest rate hike fueled concerns about the global recovery. The Chinese central bank raised its interest ... read more