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U.K. Business Investment Drops In Q1

posted by Avatar whatadous 367 days ago in USD, JPY, GBP, Economic Indicators

Total manufacturing investment fell by 1.2 percent quarter-on-quarter to GBP 2.8 billion. But it rose by 14.8 percent from the same period of last year. At the same time, non-manufacturing investment declined 7.7 percent sequentially to GBP 25.3 ... read more
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Yen Weakens Versus Euro on BOJ Stimulus; Commodities Rebound

posted by Avatar whatadous 373 days ago in EUR, JPY made popular 373 days ago

Data released yesterday show US jobless claims decreased and Taiwan's economy grew at a faster-than-forecast pace, while a May 23 report may show Thailand's growth quickened. Given that policy options are pretty limited, the BOJ probably wants to ... read more
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Yen falls against major currencies after comments by the Bank of Japan

posted by Avatar whatadous 376 days ago in USD, EUR, JPY, CAD, AUD made popular 375 days ago

... in a very sever state and the central bank will do its best to fight deflation and supports economic growth at the same time, which reduced the demand for the Japanese currency. The euro started today's session with an increase against the dollar, ... read more
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India Forex Advisors / Market Commentary /16_May_2011

posted by Avatar whatadous 377 days ago in JPY

USD/JPY: JPY is currently trading at 80.92 levels. JPY rose this morning with the Core Machinery orders m/m data unexpectedly came better at 2.9% against the forecast of -9.7%. However, it must be borne in mind that this data excludes ships and other ... read more
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USD/JPY continued the Asian afternoon bullish

posted by Avatar whatadous 382 days ago in USD, EUR

AUD/USD started the European session with all eyes on the Australian Federal Budget. The 45bio deficit for the coming financial year hasn't stopped the AUD following the Euro and commodity markets higher in overnight trade. ... read more
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Euro steady, seen hemmed in before US jobs data

posted by Avatar whatadous 386 days ago in EUR made popular 386 days ago

The euro EUR= was steady at $1.4532 after falling nearly 2 percent on Thursday to $1.4510. However, further falls in oil prices and on equity markets left investors wary of buying back into riskier assets. US April non-farm payrolls were forecast to ... read more
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EUR/USD dips after less hawkish Trichet's comments

posted by Avatar whatadous 387 days ago in USD, EUR, JPY, AUD made popular 387 days ago

By IB Times Staff Reporter | May 5, 2011 1:56 PM GMT The euro fell against the dollar on Thursday, after the European Central Bank's (ECB) President Jean-Claude Trichet comments showed less hawkish tone than the markets had expected. ... read more
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AUD/USD orders

posted by Avatar whatadous 390 days ago in AUD made popular 390 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 buoyed near 17-mth high vs ailing dollar

posted by Avatar whatadous 394 days ago in USD made popular 394 days ago

The pound was up 0.4 percent at $1.6687 against the dollar GBP=D4, extending gains made on Wednesday after UK gross domestic product growth data that confounded speculation about a weaker-than-forecast number. The GDP data came in line with the Reuters ... read more
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BNN Interview: Outlook for U.S. Dollar and FOMC

posted by Avatar whatadous 397 days ago in AUD

I was on the Business News Network this afternoon talking about the Fed FOMC meeting and the outlook for the US dollar, CAD, AUD and other pairs. Click on the image to access the video Sorry for the Radio Silence lately but I have been working hard on ... read more
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EUR/JPY up in Asian trade

posted by Avatar whatadous 398 days ago in EUR made popular 398 days ago

The pair was likely to find support at 118.64, Thursday's low, and resistance at 120.39, Wednesday's high. Meanwhile, the Euro was up against the US Dollar and the British Pound, with EUR/USD gaining 0.21% to hit 1.4592 and EUR\/GBP rising 0.08% to hit ... read more
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Euro surges, yen faces renewed pressure

posted by Avatar whatadous 403 days ago in all made popular 403 days ago

"Two factors that had supported yen strength until now are shrinking US-Japan interest rate differentials and exporter flows. Today's data shows that one of those is weakening," Karakama added. The dollar rose 0.4 percent from late US trade on Tuesday ... read more