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European Nations Observe Ascension Day; So Do the USD and JPY

posted by Avatar Vanjo 9 days ago in EUR, JPY made popular 9 days ago

The sterling (GBP), which was resilient before the Bank of England inflation report during the 5/16 session, is now catching up to the slide against USD and JPY. GBP/USD broke into new lows trading near 1.5850 ahead of the US session. read more
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Weekly Summary on USD, EUR, GBP, JPY, MXN and RMB

posted by Avatar Vanjo 12 days ago in USD, EUR, JPY, GBP, CHF, CAD, AUD, Economic Indicators made popular 12 days ago

While light on the releases, the week ahead holds key pieces of economic data, with investors taking note of British jobless claims on Tuesday and CPI, retail sales and RPI on Thursday. JPY - The yen fell back below the key 80.0 barrier against the USD ... read more
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Trade Idea Central, Wednesday May 9th

posted by Avatar Vanjo 18 days ago in NZD, Economic Indicators

... and looks to close above it and I don't do elliot waves to well but looks like we might be setting in 5 down from 4/29 high in NZD ABC correction to .7965 if that is so Bit heavy to trade the gapclose after taking a look @ todays tradingrang. read more
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Weekly Summary on USD, EUR, GBP, JPY, MXN and RMB

posted by Avatar Vanjo 19 days ago in USD, EUR, JPY, GBP, CHF, CAD, AUD made popular 19 days ago

With Europe now not only struggling with burgeoning debt, but also divergent political views on the path towards economic growth, investors have turned to the dollar's relative stability and "safehaven" status. However, with no new major economic data ... read more
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Week Ahead: Major Events

posted by Avatar Vanjo 19 days ago in CHF made popular 19 days ago

Another report expected to affect the market is the Swiss Unemployment rate NSA. It is expected that the rate of unemployment dropped during the month fro, 3.2 percent to 3.1 percent. This is expected to strengthen the CHF against the dollar and the ... read more
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USD/CHF weekly outlook: May 7 - 11

posted by Avatar Vanjo 21 days ago in CHF

... as safe haven demand found support after weak economic data from the US reignited fears over the strength of the country's recovery. USD/CHF hit 0.9183 on Friday, the pair's highest since April 19; the pair subsequently consolidated at 0.9177 by ... read more
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Commodities Sold as Risk Appetite Fades in Europe, US Jobs Data on Tap

posted by Avatar Vanjo 22 days ago in USD, EUR made popular 22 days ago

On one hand, a stronger-than-expected result can be interpreted as broadly supportive for risk appetite and drive growth-geared commodities including crude oil and copper higher while weighing on the US Dollar amid waning safe haven demand, ... read more
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The Opening Bell: Where currencies start for Thursday, May 3, 2012

posted by Avatar Vanjo 24 days ago in NZD made popular 24 days ago

Global stocks are weaker overnight with the S&P 500 down 0.25% - commodities are also down with the CRB Index -1.26%, with oil prices off 0.75% and copper down -1.45%. The NZD has been one of the worst performing currencies overnight and opens weaker ... read more
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C$ slides after weaker-than-expected GDP

posted by Avatar Vanjo 26 days ago in all made popular 26 days ago

... February were very disappointing ... so we've seen the (implied interest rate) strip rallying accordingly," said Jeremy Stretch, head of foreign exchange strategy at CIBC World Markets in London. "Consequently we've seen dollar/CAD grinding higher, ... read more
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Canadian dollar marks 7-month high

posted by Avatar Vanjo 29 days ago in CAD made popular 29 days ago

The Canadian dollar has rallied against its US counterpart for the last two weeks after the Bank of Canada adopted a more hawkish policy that hinted at rate hikes. The Canadian dollar has rallied against its US counterpart for the last two weeks after ... read more
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USD To Hold Steady Ahead Of FOMC, Euro Outlook Remains Bearish On ECB

posted by Avatar Vanjo 31 days ago in USD, EUR, GBP, NZD made popular 31 days ago

... Dow Jones-FXCM US Dollar Index ( Ticker: USDOLLAR ) paring the overnight decline to 9910, and the reserve currency may snap back during the North American trade should the Federal Reserve strike an improved outlook for the world's largest economy. read more
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Women's Council Certifies Macomb County's LeVey Display

posted by Avatar Vanjo 38 days ago in CAD made popular 38 days ago

They are specialists in metal fabrication, carpentry, plating, lighting, painting, glass glazing, signage and sound. LeVey Display has extensive expertise in CAD, CNC routing and the manufacture of custom molds and graphics. read more