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Currency Index & Volatility

posted by Avatar closingtrade 10 days ago in USD made popular 9 days ago

On May 9, surging US crude oil inventories had a short-lived effect of the US Dollar, as FOMC member Pianalto assured markets in robustness of US economy's recovery. Nonetheless, volatility of prices was heightened, since DBVI stayed near a mark of 1.5 ... read more
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EUR/USD sees whipsaw activity post FOMC

posted by Avatar closingtrade 10 days ago in EUR, CHF

The initial market reaction to the latest minutes of the Federal Open Market Committee's April 24-25 meeting was a sharp dip in the US dollar against its major trading counterparts, with EUR/USD climbing into the 1.2740 ... read more
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GBP is resilient and the next support level is at 1.60000

posted by Avatar closingtrade 19 days ago in GBP, CAD made popular 19 days ago

GBP NEUTRAL Market expects the BoE will not expand Asset Purchase Program in May's meeting. GBP is resilient and the next support level is at 1.60000. CAD BULLISH The BoC said the Canadian economy grew modestly. JPY BULLISH BOJ reiterated strong ... read more
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Chart EUR/AUD Update: Extending recovery from 1.2648 low

posted by Avatar closingtrade 26 days ago in EUR

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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C$ firms after Fed rate announcement

posted by Avatar closingtrade 31 days ago in USD, CAD made popular 31 days ago

The Canadian dollar extended gains against its US counterpart on Wednesday after the Federal Reserve repeated its promise to leave US interest rates on hold until at least late 2014, a week after the Bank of Canada ... read more
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The Sterling Pound Drops as the Kingdom slips into Recession

posted by Avatar closingtrade 31 days ago in USD, EUR, CAD, AUD made popular 31 days ago

The sterling pound reversed sharply to the downside against the low yielding US dollar, cutting some of the gains recorded in the past week after the downbeat growth figures from the United Kingdom, where the pound fell on pessimism the royal economy ... read more
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US Dollar Index Holding at 79.20

posted by Avatar closingtrade 33 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 33 days ago

By Paul A. Ebeling, Jnr. The US Dollar Index has floated along the 79.20 for the majority of the day Friday. The DXY came under selling pressure at the start of trade in Europe and continued to swoon until it hit 79.20. However the DXY has been able to ... read more
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Canadian Dollar Rallies As Oil Prices Rebound; Bank Of Canada Rate Decision Eyed

posted by Avatar closingtrade 39 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 39 days ago

Results of the Spanish Treasury debt auction and data showing improvement in Germany's economic sentiment for the fifth straight month in April also lifted risk-appetite. Crude oil recouped today after losing some ground over the renewed concerns about ... read more
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EUR/USD Fundamental Analysis April 10, 2012, Forecast

posted by Avatar closingtrade 47 days ago in EUR made popular 47 days ago

The government said on Monday that consumer prices rose 3.6 per cent over a year earlier, up from February's 3.2 per cent. That was driven by a 7.5 per cent rise in food costs, up from the previous month's 6.2 per cent. Last week saw sentiment turn ... read more
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Canadian Dollar Strengthens Against Greenback, Euro in Toronto

posted by Avatar closingtrade 54 days ago in EUR, CAD

Canada's dollar strengthened against its US counterpart and the euro in Toronto trading. To contact the editor responsible for this story: Paul Cox at pcox16@bloomberg.net LinkedIn Google +1 COMMENTS Print QUEUE Related News: Canada Please enable ... read more
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Pound Slides After Bank Of England Minutes

posted by Avatar closingtrade 67 days ago in USD, EUR, GBP

The pound edged lower against its major rivals following the release of Bank of England's latest monetary policy meeting minutes, at which two of the 9-member monetary policy committee favored for an expansion of quantitative easing. read more
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AUD/USD pulls back from 3-day highs; remains supported

posted by Avatar closingtrade 93 days ago in CHF, AUD made popular 93 days ago

The Australian dollar rallied to 1.0736 in early Asia, a 3-day high, as RBA Governor Stevens noted that the RBA was not currently inclined to attempt to cap the AUD in a speech this morning. read more