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GBP/USD falls ahead of BoE meeting

posted by Avatar Lacy 2 days ago in USD made popular 2 days ago

On Tuesday, Federal Reserve Chairman Ben Bernanke indicated that the central bank would keep borrowing costs close to zero for another two years, despite data last week showing the US unemployment rate unexpectedly fell to a three-year low. read more
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Shares set for a slow start

posted by Avatar Lacy 15 days ago in EUR made popular 15 days ago

Australian shares have opened slightly higher, after Wall Street slipped on weak housing data but European markets rose. 10.05am: And we're off to a slightly higher start. The S&P/ASX200 is up 0.2 per cent at 4280.8 and the All Ords is also up 0.2 per ... read more
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Dollar Index Snaps Six Day Losing Streak- FOMC Tomorrow

posted by Avatar Lacy 17 days ago in JPY made popular 17 days ago

The greenback advanced against two of the four component currencies highlighted by a 0.88% advance against the Japanese yen. Although the Bank of Japan held interest rates at 0.10% as expected, the central bank cut domestic growth projections for 2012 ... read more
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Euro drops from three-week high as Greece fails to reach an agreement with ...

posted by Avatar Lacy 18 days ago in USD, EUR, GBP, CAD, AUD, Commodities made popular 18 days ago

On the other hand, the Spanish Treasury was able to sell 2.51 billion euros of three-month and six-month bills, meeting the maximum target for the sale, after the bonds found stronger demand and witnessed lower yields. Concerning the EUR/USD pair, ... read more
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Japanese Market Trades Modestly Higher

posted by Avatar Lacy 18 days ago in USD, EUR, JPY, CAD, AUD, NZD, Commodities made popular 18 days ago

With a section of investors treading a bit cautiously ahead of the Bank of Japan's interest rate decision, gains are not significantly pronounced at present. Automobile, oil, insurance, marine transport and mining stocks are mostly trading notably ... read more
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Australian Q4 Final Goods PPI +0.3% QoQ, +2.9% YoY

posted by Avatar Lacy 19 days ago in AUD made popular 19 days ago

No effect on the AUD, with dealers looking to Wednesday's CPI for next interest rate clues. The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and ... read more
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USD Gains vs. JPY Following Unemployment Report

posted by Avatar Lacy 23 days ago in Economic Indicators

The US dollar saw substantial gains against several of its main currency rivals today, following a better than expected US Unemployment Claims figure. The weekly unemployment figure came in at an almost 4-year low and well below analysts earlier ... read more
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Chart AUD/USD Update: Settled back under 1.0400/11 resistance

posted by Avatar Lacy 24 days ago in AUD made popular 24 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Preview: UK CPI GBP/USD at Precipice as More QE Expected

posted by Avatar Lacy 25 days ago in USD, EUR, GBP, CAD, AUD made popular 25 days ago

With the economy continuing to show poor macro economic data and concern about the economy sliding back into recession the expectation is that the BOE will add to its overall total asset purchase program in its February meeting. ... read more
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Canadian dollar advances slightly amid solid November trade report

posted by Avatar Lacy 29 days ago in CAD

Canadian dollars, or loonies, sit on American dollar bills on Sept. 20, 2007 in Montreal. THE CANADIAN PRESS/Paul Chiasson TORONTO - The Canadian dollar was up slightly Friday morning amid a strong trade report and weak commodity prices. ... read more
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Daily Technical Majors: EUR/USD, GBP/USD, USD/CHF, USD/JPY

posted by Avatar Lacy 29 days ago in CHF made popular 29 days ago

GBP/USD fell below the 1.53 level on Thursday, but didn't manage to stay under it. The area is serious support, and a breaking below the support zone would have massive implications in the pair going forward. If it gives way, the massive head and ... read more
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Indian shares rise; L&T, Tata Motors gain

posted by Avatar Lacy 29 days ago in USD, EUR, JPY, CAD, AUD made popular 29 days ago

Indian shares rose on Friday on hopes improving global risk ... read more