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EUR/USD Daily Outlook- 10 March 2010

posted by Avatar whatadous 808 days ago in USD, EUR, Technical

With 1.3530 minor support intact, EUR/USD's consolidation from 1.3443 is possibly still in progress. Nevertheless, even in case of another rise, upside is still expected to be limited by 1.3852 resistance to conclude the consolidation and bring f  read more
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USD/JPY Daily Outlook- 10 March 2010

posted by Avatar stewie 808 days ago in USD, JPY, Technical

Intraday bias in USD/JPY remains neutral for the moment and more consolidations could still be seen. Nevertheless, another rise would be mildly in favor as long as 89.19 minor support holds. Above 90.68 will bring rise resumption towards near ter  read more
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Yen Loses Ground On Sovereign Fund Sales

posted by Avatar marius 808 days ago in USD, JPY made popular 808 days ago

Yen lost ground during European morning trade, following on from a subdued Asian session, with sales from sovereign funds prompting the move, filling Japanese exporter demand at the same time.  read more
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Forex and The Secret

posted by Avatar FirePips 808 days ago in USD, Technical, Daily made popular 808 days ago

Is the Law of Attraction applicable in Forex world? Is it just another Self-Help BS or there is more to it? Is there a true Forex Secret? Let’s expl...  read more
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EUR/USD – Bullish Hints Inside the Range?

posted by Avatar forexcrunch 808 days ago in USD, EUR, Technical made popular 808 days ago

EUR/USD is trading in a range for over a month. While the long term trend is bearish, some bullish hints can be found within this range.  read more
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Why Do Federal Reserve Board Seats Remain Unfilled?

posted by Avatar domyouji 808 days ago in USD made popular 808 days ago

Right now there are two unfilled positions on the seven member Federal Reserve Board. If nothing is done to fill those positions, the number will increase to three in June of this year when Governor and Vice-Chairman Don Kohn retires.  read more
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Retail Sales Expected To Speed Up Over Next Two Years

posted by Avatar ceronueve 808 days ago in AUD, Retail Sales made popular 808 days ago

Growth in Australian retail sales will accelerate in the next two years as consumer confidence continues to grow on the back of increasing employment, according to a new report by Access Economics.  read more
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Euro Falls Versus High-Yield Currencies

posted by Avatar butterscotch 808 days ago in EUR made popular 808 days ago

The euro fell against higher- yielding currencies after a report showed that German exports unexpectedly slumped in January, adding to evidence the European economic recovery is struggling to take hold.  read more
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UK Budget Due in 2 Weeks, Paving Way for Election

posted by Avatar arjay 808 days ago in GBP made popular 808 days ago

British Prime Minister Gordon Brown said Wednesday that his government will lay out its budget plans on March 24, paving the way for a national election.  read more
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German inflation drops to 0.6 pct in February

posted by Avatar andy 809 days ago in EUR, Inflation made popular 808 days ago

Annualised German inflation edged lower to 0.6 percent in February from 0.8 percent the previous month, figures released on Wednesday by the national statistics office showed.  read more
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Gold to hit $1500 by year-end

posted by Avatar andes 809 days ago in Gold made popular 808 days ago

Gold bulls are biding their time, waiting for the "cheap money" policies of the first world to explode into inflation. In the short-term a prominent m...  read more
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Beige Colored Slow U.S. Economic Recovery

posted by Avatar aaron 809 days ago in USD made popular 808 days ago

The US economy continues to make a slow recovery. The blizzards and unusually low temperatures that hit several regions in February hurt several areas, the Federal Reserve said in a Beige Book report last week.  read more