Feedback Form

Avatar busybee

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

USD/CAD jumps to 0.9980

posted by Avatar busybee 3 days ago in CHF, CAD

The Dollar is trading higher today's session against the Canadian with the pair climbing 50 pips on the last hour from intra-day low at 0.9935 to break up 0.9960 resistance and reach fresh intra-day high at 0.9985. read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Fundamental Analysis February 3 , 2012, Forecast

posted by Avatar busybee 8 days ago in USD, EUR, GBP, CHF, CAD, AUD made popular 8 days ago

The most encouraging with the unexpected drop in unemployment claims. Combined with Fed Chairman Bernanke's comments the USD maintained its strength against its trading partners. The Challenger Jobs report figures showed job losses in January totaled ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Forecast Jan. 23-27, 2012, Fundamental Analysis

posted by Avatar busybee 20 days ago in USD

In the week ended January 20, the GBP/USD showed advance as the improvement in the sentiment after successful bond selling, which saw strong demand and drop in borrowing cost, by many euro area economies and progress in US data gave the supremacy to ... read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

IMF seeks $600 bln in new funds, G20 to discuss

posted by Avatar busybee 23 days ago in all made popular 23 days ago

Bank of Canada Governor Mark Carney said it was not clear European governments had done everything necessary to make sure they could fund themselves at sustainable interest rates over the next few years. "If it makes sense to enhance the resources of ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD: Further Strength Expected

posted by Avatar busybee 25 days ago in USD

NEW YORK (fxtechstrategy.com) -- With the Australian dollar-dollar currency pair rallying through its key resistance at 1.0378/1.0384 in early trading Tuesday, further strength is expected toward 1.0444, its Nov. 3 high. AUD-USD has been strengthening ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF falls below 0.9500

posted by Avatar busybee 25 days ago in CHF

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/NZD sees intense selling in early trading

posted by Avatar busybee 26 days ago in NZD

In a report from earlier last week, the team of research at Westpac commented: "Expectations of more aggressive easing from part of the RBA than the RBNZ and a gloomy global economy will probably help to weaken the pair in the coming weeks. ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Analysis

posted by Avatar busybee 31 days ago in CHF

USD/CHF is back above 0.9500. However we see resistance at 0.9524 (21-DMA) and if this breaks we might test 0.9600. Cable did not go above 1.5500 and might now test 1.5400-5380. The STOXX50 closed at 2347 which was up 61.02pts) In the US, Dow closed up ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Shares, euro rise despite Europe worries

posted by Avatar busybee 32 days ago in EUR

University graduates do not address SA's employment needs and grants and affirmative action dampen desire to work in the country, says a labour analyst. Over 100 000 new jobs were created in December 2011, with temporary work growing the fastest, ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Aussie Drops Amid Europe Concern Before Merkel, Sarkozy Meeting

posted by Avatar busybee 33 days ago in EUR, AUD made popular 33 days ago

Traders are speculating that Australia's central bank will lower its benchmark interest rate from the current level of 4.25 percent. Cash rate futures indicate the key rate will fall 0.75 percentage point by May. Australia will continue to be ... read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD Forecast Jan. 6, 2012, Fundamental Analysis

posted by Avatar busybee 37 days ago in CAD made popular 36 days ago

Fears started growing this week that euro zone leaders might fail to find a comprehensive solution to the debt crisis which could drag the region into a deep recession and infect the global economy especially after Greece warned it might exit the euro ... read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Housing prices in Helsinki are getting out of hand

posted by Avatar busybee 37 days ago in Economic Indicators made popular 37 days ago

In recent years far too few properties have been built for the rental market, admits Minister of Housing and Communications Krista Kiuru (SDP). The government has therefore decided to allocate borrowing powers worth EUR 1025 million to finance ... read more