Feedback Form

Avatar Shannon

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

07 May

posted by Avatar Shannon 19 days ago in EUR, NZD made popular 19 days ago

AUD, NZD and CAD were hit hard in Asia, though all retraced off their respective lows - more so AUD due to strong retail sales overnight. In the crosses, EUR/GBP held - and continues to hold off .8000 barriers, but the writing is on the wall now.  read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Seoul shares seen pressured by Europe elections, grim US data

posted by Avatar Shannon 20 days ago in all made popular 20 days ago

Greek voters enraged by economic hardship caused by the terms of an international bailout turned on ruling parties in an election on Sunday, putting the country's future in the euro zone at risk and threatening to revive Europe's debt crisis.  read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZ dollar holds gains on upbeat US housing data, earnings

posted by Avatar Shannon 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
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Risk aversion weighs on markets

posted by Avatar Shannon 41 days ago in USD, EUR, JPY, GBP, AUD, NZD made popular 41 days ago

The NZD opens at 0.7940 AUD, 0.63 EUR, 0.5190 GBP, 66.60 JPY. The big news on the local front this week will be NZ Q1 CPI numbers on Thursday. A weaker inflation number will reduce the odds of a rate hike from the RNBZ this year and potentially see the ...  read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD weakest performer overnight

posted by Avatar Shannon 46 days ago in NZD made popular 46 days ago

The NZD was the weakest performer over the past 24-hours, losing around 0.80% relative to the USD. It currently trades just below 0.8150. In the absence of local data releases the NZD was at the whim of global sentiment, which soured further overnight ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

C$ weakens after US ADP jobs data, Fed

posted by Avatar Shannon 52 days ago in all

The Canadian dollar fell against its US counterpart on ...  read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

JPY surges, USD gains on renewed demand for refuge

posted by Avatar Shannon 54 days ago in USD, EUR, CAD, AUD

The US dollar index fully filled the weekend bearish gap to trade back above the key short term technical resistance at 79.00, if we witness stability above this level the upside move could extend higher today, eying the 50-days SMA and the neckline ...  read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

New ETF Launches for US Equities, Gold and Bonds

posted by Avatar Shannon 63 days ago in Commodities, Economic Indicators made popular 63 days ago

Specific economic indicators include government debt-to-GDP ratios, long-term interest rates, current account-to-GDP ratios, and GDP growth. All three products use synthetic replication to deliver the return of their reference index and charge a total ...  read more
33 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold futures bounce on weak USD despite slowdown worries

posted by Avatar Shannon 64 days ago in Commodities made popular 64 days ago

On the Comex division of the New York Mercantile Exchange, gold futures for April delivery traded at USD1,663.65 a troy ounce during US morning trade, climbing 1.29%. Gold futures were likely to find support at USD1,612.35 a troy ounce, ...  read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Yen annihilation no end in sight; 87.47 highest so far

posted by Avatar Shannon 90 days ago in JPY, AUD made popular 90 days ago

AUD/JPY trades at 87.15 now. According to John Noonan, Head of IFR Markets in Sydney: It appears the JPY-funded carry trade is back in full swing and the AUD/JPY is one of the beneficiaries. The cross has broken and closed above 86.50 and there is ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD Weekly Fundamental Analysis February 27 March 2, 2012, Forecast

posted by Avatar Shannon 91 days ago in USD, EUR, JPY, GBP, CAD, AUD, Economic Indicators

It is a very busy week with economic events combining the end and the beginning of a month. Please see the daily fundamental forecasts for details on each of these events. Below are the only major events of the week. The G20 Summit is taking place in ...  read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF Fundamental Analysis February 24, 2012, Forecast

posted by Avatar Shannon 93 days ago in CHF, Economic Indicators made popular 93 days ago

Business Investment measures the change in the total inflation-adjusted value of capital expenditure made by companies in the private sector. Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and ...  read more