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GBP/USD touches fresh 4-day low

posted by Avatar Regon 4 days ago in USD

GBP/USD slipped to a marginal new low of 1.5760 and continues to trade at the bottom-side of today's range, currently at the 1.5770 area where it prints a 0.4% loss since opening. From a technical view, "The GBP/USD found a strong resistance at 1.5840 ...  read more
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USD/JPY plunges to 79.64 on weak US data

posted by Avatar Regon 9 days ago in USD, JPY

Disappointing US jobless claims, manufacturing survey and leading indicators have triggered a strong plunge of the USD/JPY after having encountered resistance at the 20-day MA, 80.32. The pair fell below the psychological ...  read more
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EU Morning Report- Greece fears pressure, BoE cuts growth forecast

posted by Avatar Regon 9 days ago in USD, EUR, GBP, CAD, AUD

Focus is now on the US Manufacturing Index as well as Initial Jobless Claims figures. The British Pound (GBP) plummeted yesterday against the dollar to 1.5888 from 1.5987 after Bank of England inflation report was released yesterday.  read more
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USD Threatens Bearish Channel- Index Eyes 9950 As Techs Point Higher

posted by Avatar Regon 22 days ago in USD made popular 22 days ago

By DailyFX 05/04/12 - 03:17 PM EDT By Michael Boutros, Currency Strategist The greenback is markedly higher in North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR ) advancing 0.28% on the session after moving nearly 76% of its ...  read more
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US corn futures extend losses on planting data

posted by Avatar Regon 25 days ago in USD, EUR, AUD, Economic Indicators made popular 25 days ago

US corn futures fell further on Wednesday, extending losses after a US Department of Agriculture report issued this week showed stronger than expected planting figures, increasing the prospect of a big crop.  read more
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USD 2-4 Billion Russia-China Investment Fund to Be Created by Late June 2012 ...

posted by Avatar Regon 28 days ago in all, USD

The Russian economy might see hundreds of millions of dollars in joint investments from Russia and China as early as the end of 2012." RDIF executives and China Investment Corporation also met today to hold talks led by CIC Chairman and CEO Lou Jiwei.  read more
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CAD Preview: CPI Data Important For Loonie Bias Post BOC

posted by Avatar Regon 36 days ago in CAD

The Canadian dollar got a huge boost from the Bank of Canada interest-rate statement which was more hawkish than expected, with the central bank expecting growth to be better than previously anticipated and with slacker excess capacity in the economy ...  read more
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Kiwi dollar stickiness likely to dissipate

posted by Avatar Regon 41 days ago in USD, AUD, NZD, Commodities, Economic Indicators made popular 41 days ago

A bounce back in US employment statistics over coming months will be the sort of news needed to quell the Fed doves. - The NZ dollar continues to benefit from being one of the few currencies in the world that is regarded as a relatively safe place to ...  read more
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NZD/USD upward trend continues

posted by Avatar Regon 44 days ago in USD, EUR, NZD, Economic Indicators made popular 44 days ago

These PMI results fit with our view that manufacturing made a decent positive contribution to overall Q1 GDP growth. However, the NZD/USD was on a general uptrend yesterday given improved global risk sentiment. It traded from 0.8200 yesterday afternoon ...  read more
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Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

posted by Avatar Regon 44 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 44 days ago

The USD is lower against nearly all of its major counterparts this morning as stocks and commodities rise on renewed expectations that global central banks will soon unleash another round of economic stimulus. US jobless claims ticked higher this ...  read more
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Rupee may weaken to Rs 53 per dollar on Eurozone worries: India Forex

posted by Avatar Regon 50 days ago in EUR, Economic Indicators made popular 50 days ago

According to the Reserve Bank of India's recent data on balance of payments (BOP), the current account deficit (CAD) rose to 4.3 per cent of the GDP during the third quarter (October-December 2011) of last year, sharply higher than the 2.3 per cent ...  read more
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Yen Reverses Gains vs. USD

posted by Avatar Regon 52 days ago in USD, Economic Indicators

Today, yen traders will want to monitor news out of the both the United States and euro-zone. The US ADP Non-Farm Employment Change figure is forecasted to show further improvements in the American employment sector. If the figure comes in at or above ...  read more