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GBP/USD still capped by 1.5840

posted by Avatar LosingGain 5 days ago in USD made popular 5 days ago

After sliding to a daily low of 1.5780 ahead of the Wall Street opening, GBP/USD managed to bounce and rose back above the 1.5800 mark, although it lacked momentum and continues to trade inside today's range.  read more
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We see USD/BRL at 2.00 by end 2012 and 2.10 by end 2013

posted by Avatar LosingGain 5 days ago in USD

And while we do not discard some temporary overshooting global conditions depending we continue to see USD-BRL trading in a range, albeit a higher range between1.90-2.10/USD. We revise our year-end forecast higher to 2.00/USD.  read more
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Ugly US data boosts JPY

posted by Avatar LosingGain 9 days ago in USD made popular 9 days ago

With bad US data, Pavlov's dogs are looking for QE and lapping up gold and selling the USD. Will the bad data give us a reprieve from the USD strength or is it another red herring? The market was a mixed bag today, with equities, EURUSD and GBPUSD and ...  read more
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EUR/CAD-Loonie struggles setting up a short trade

posted by Avatar LosingGain 10 days ago in all, EUR made popular 10 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ...  read more
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Flash: AUD/USD could extend to 0.9600 and even 0.9400 - ANZ

posted by Avatar LosingGain 11 days ago in AUD, NZD made popular 11 days ago

The Australian Dollar ha been sliding merciless against the US Dollar, averaging over 50 pips loss in the last 12 trading days, since the pair's topside failure past 1.0470 kickstarted a massive roll over which as since ...  read more
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AU ECON: March trade data and budget announcement today

posted by Avatar LosingGain 19 days ago in Economic Indicators

Today's Asia Pacific economic calendar is light although Australia's trade data (0130GMT) could be of interest, given its influence on Q1 GDP. Later tonight, the Australian Government also announces its much anticipated annual budget (1930GMT).  read more
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USD Remains Bearish During Slow Trading Day

posted by Avatar LosingGain 26 days ago in USD, AUD made popular 26 days ago

The increase in risk aversion following negative news out of the euro-zone and US led to moderate losses for the Australian dollar during yesterday's trading session. The AUD/USD, which started off the week at 1.0471, dropped over 60 pips over the ...  read more
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NZ dollar holds gains

posted by Avatar LosingGain 30 days ago in NZD made popular 30 days ago

The New Zealand dollar held gains in Northern Hemisphere trading as better than expected US house sales and upbeat first-quarter earnings stoked investors' appetite for bigger returns. The kiwi was little changed at 81.55 US cents at 9am from 81.60 ...  read more
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Repatriation talk in EUR/USD

posted by Avatar LosingGain 40 days ago in EUR

... term deposits tomorrow to absorb the 214 billion euros ($279 billion) of liquidity created since the program started in May 2010, a practice it employs to ensure the purchases don't fuel inflation per Bloombergwhat does this mean in English?  read more
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Gold Rebound Probably Limited

posted by Avatar LosingGain 41 days ago in USD, Commodities made popular 41 days ago

Today's diverging signals on gold prices reflect the plurality and versatility of its drivers. If the short run picture is slightly bullish for the precious metal, there is no genuine reason for us to alter our bearish call for June (1520 USD).  read more
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US: North American Summary and Highlights 5 Apr

posted by Avatar LosingGain 51 days ago in USD, Economic Indicators

GBP/USD failed to react to the BoE announcement, but the weaker than expected manufacturing data and signs that Q1 GDP will be soft pushed GBP/USD lower. While GBP/USD ticked lower to end the session at 1.5825, EUR/GBP continues to drift lower.  read more
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Canadian Dollar Strengthens After Job Gains Beat Forecast

posted by Avatar LosingGain 51 days ago in CAD

We're obviously seeing a lot of Canadian dollar buying on this number. Canada's currency, nicknamed the loonie, gained 0.2 percent to 99.42 cents per US dollar at 8:41 am in Toronto. It had lost as much as 0.4 percent to 99.98 cents, the lowest level ...  read more