Feedback Form

Avatar Shawn

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

Crude Oil Fundamental Analysis February 6, 2012, Forecast

posted by Avatar Shawn 7 days ago in Commodities made popular 6 days ago

A positive number indicates a budget surplus, a negative number indicates a deficit. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Bank of America Announces Increase in Maximum Consideration of Tender Offer ...

posted by Avatar Shawn 8 days ago in CAD made popular 7 days ago

1 The Total Consideration is expressed per 1000 USD, EUR, GBP or CAD, as applicable. The Total Consideration includes the Early Tender Payment described below. The Total Consideration listed in the table above includes a cash payment of 30.00 in USD, ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Highly Profitable Short-Term Trade Idea: Long Silver, Short Financials

posted by Avatar Shawn 17 days ago in Economic Indicators made popular 17 days ago

While this doesn't mean silver has to weaken, the recently tight, almost 1 to 1 correlation foretells of lower silver prices in the event of a significantly stronger USD. For this reason, this trade's greatest upside is likely contained to the next 5-6 ... read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD extends gains, approaches 1.5500

posted by Avatar Shawn 23 days ago in USD made popular 23 days ago

FXstreet.com (Crdoba) The Pound broke above 1.5465 and rose to 1.5487 hitting the highest price since January 10 against the US Dollar. The GBP/USD moved sideways during most of the day but in the last hour turned to the upside. ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD erases losses ahead of BoC report

posted by Avatar Shawn 24 days ago in CAD

On Tuesday, the BoC said the outlook for the global economy had deteriorated after it left its benchmark interest rate unchanged at 1%. In its rate statement, the BoC said the uncertainty over the global economic outlook had increased since its ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD finds support at 1.5330/35

posted by Avatar Shawn 24 days ago in USD made popular 24 days ago

FXstreet.com (Crdoba) The Pound peaked against the US Dollar minutes before Wall Street opening at 1.5404 but it failed to hold and retreated. The decline of the GBP/USD from the highs found support at the 1.5330 area. In the last hours the pair ... read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/JPY edges higher, EZ talks in focus

posted by Avatar Shawn 31 days ago in EUR, CHF made popular 31 days ago

The euro found support earlier after ratings agency Fitch said that France, the euro zone's second largest economy, would not be downgraded in 2012. But the single currency remained under pressure as borrowing costs for Italy and Spain remained ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

FX DXY: US payroll data to test the USD trend higher

posted by Avatar Shawn 36 days ago in USD, CHF made popular 36 days ago

The AUD, NZD and CAD would most likely weaken against the JPY and CHF on global growth concerns. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro Lags Behind Ahead Of 2012, Sterling May Play Safe-Haven Role

posted by Avatar Shawn 43 days ago in EUR

By David Song The Euro lagged behind its major counterparts on Friday, with the EUR/USD slipping to an overnight low of 1.2903, and the single currency is likely to weaken further in 2012 as the fundamental outlook for the region turns increasingly ... read more
33 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and ZAR

posted by Avatar Shawn 44 days ago in EUR made popular 43 days ago

v Commodity Currencies are relatively flat as stocks and commodities push into the black; ZAR is best performer overnight as rising inflation prompts investors to increase bets of tighter monetary policy in Africa's largest economy. The USD is lower ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australian Dollar Outlook - 23 December 2011

posted by Avatar Shawn 50 days ago in USD, EUR, JPY, CAD, AUD

By Christine Gaylican | December 23, 2011 10:41 AM EST Positive US data supported sentiment overnight with the Australian dollar opening this morning at USD1.0130 against the Greenback, up from USD1.0080 late yesterday. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY remains near 3-week highs

posted by Avatar Shawn 50 days ago in USD, Economic Indicators

The Dollar climbed to a 3-week peak of 78.19 early New York session following the second revision of the US GDP, but was rejected from those levels and dropped back to 78.07 shortly after. From there, USD/JPY rebounded and ... read more