Feedback Form

Avatar BloodDiamond

4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Greenback Weakens As Manufacturing Trails Forecast

posted by Avatar BloodDiamond 10 days ago in USD, EUR, JPY, CAD, AUD, Economic Indicators

Oil futures steadied following the release of the EIA crude oil inventories report, to trade around $98.65 a barrel from $98.84. The 17-bloc currency rose versus the dollar, driving the EUR/USD pair up from the opening level of $1.3076 to trade around ... read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD Index Searches For Support, Euro Outlook Remains Bearish

posted by Avatar BloodDiamond 22 days ago in USD, EUR made popular 22 days ago

... monetary policy in order to see the USD recoup the losses from earlier this month. As the developments coming out of the world's largest economy reflects a more robust recovery, we should see the Fed raise its economic assessment for the region, ... read more
39 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Bank Of Nova Scotia Issuing Benchmark Covered Bond USD Deal -Source

posted by Avatar BloodDiamond 22 days ago in USD, CAD made popular 22 days ago

The triple-A rated bonds are 100% guaranteed, or "covered," by prime residential mortgages insured by Canada's national housing agency, the Canada Mortgage and Housing Corporation. "CMHC's obligations are those of Her Majesty The Queen in Right of ... read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold firms as IMF talk benefits euro

posted by Avatar BloodDiamond 24 days ago in all made popular 24 days ago

"Corrective gains in EUR-USD could continue as there are large short positions in the euro and further gains may result in a sharp short covering euro rally," HSBC said in a note. "This would likely support gold. But... beyond a near-term rally, ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

The Carry Trade: RIP

posted by Avatar BloodDiamond 26 days ago in AUD, Economic Indicators made popular 26 days ago

There is only one main economic region (Australia) that offers an interest rate differential at this time. A position that is long AUD Australian dollar and short JPY Japanese yen, (Long AUD/JPY), will earn interest each day at 17:00 ET when swap ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

FXWRAP: Euro Surges After ECB Leaves Rates Unchanged

posted by Avatar BloodDiamond 29 days ago in EUR made popular 29 days ago

The dollar was nursing solid losses vs. the euro Thursday but slipped only slightly vs. the yen, the euro able to claw back some of its recent losses after the European Central Bank left interest rates on hold, ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound to euro exchange rate heads lower, but the outlook for GBP to EUR ...

posted by Avatar BloodDiamond 33 days ago in EUR, GBP

"Despite some better than expected UK services and construction figures last week, sterling is not making the current gains over the euro down to a change in sentiment towards the domestic economy. It is intensifying concerns surrounding the eurozone's ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US grains dip further on firm dollar, rain forecast

posted by Avatar BloodDiamond 36 days ago in USD, EUR

The worries about Europe sparked a rally in the dollar, which makes US commodities less attractive to investors looking for a hedge against inflation. MARKET NEWS * The US dollar hovered at one-year highs against a basket of major currencies in Asia on ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Early 2012 Price Action is Risk Positive, but Will it Last?

posted by Avatar BloodDiamond 39 days ago in CHF

USD/CHF: The recent break above the critical October highs at 0.9315 is significant and now opens the door for the next major upside extension over the coming weeks back towards parity. A confirmed higher low is now in place by 0.9065 following the ... read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD up in Asian trade

posted by Avatar BloodDiamond 44 days ago in NZD made popular 43 days ago

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.04% to hit 1.3137 and EUR/NZD falling 0.12% to hit 1.6788. Fusion Media would like to remind you that the data contained in this website is not ... read more
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Rupee ends 23 paise lower against US Dollar

posted by Avatar BloodDiamond 50 days ago in USD made popular 50 days ago

Rupee was lower by 0.23 paise or 0.43% against US Dollar to 52.95 compared to previous close of 52.72. The Sensex lost 74.66 points or 0.47% at 15738.70 with 19 components registering drop. Meanwhile, the broad based NSE Nifty fell by 19.85 or 0.42% at ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD flat after retail sales

posted by Avatar BloodDiamond 58 days ago in USD, Economic Indicators

Retail Sales fell 0.4% in November, in line with MoM expectations, although posted a gain of 0.7% YoY against a raise of 0.3% estimated previously. The cable is showing some positive momentum in today's trading session, ... read more