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Australian Dollar Falls Below Parity Against U.S. Dollar On Greece Woes

posted by Avatar currencyplus 13 days ago in USD, EUR, AUD made popular 13 days ago

The Australian dollar that ended Friday's trading at 1.0014 against the US dollar slipped to 0.9998 in early Asian deals. If the aussie-greenback pair weakens further, it may target the 0.990 level. The Australian currency has been declining against ... read more
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SURFCAM 6 Beta Released

posted by Avatar currencyplus 14 days ago in CAD

About Surfware, Inc. Surfware, Inc., the developer of SURFCAM CAD/CAM systems and the award-winning TRUEMill technology, provides world class solutions for today's manufacturing challenges. Surfware is dedicated to continuous innovation and development ... read more
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SkyCity profit warning

posted by Avatar currencyplus 16 days ago in NZD made popular 16 days ago

SkyCity Entertainment Group has scaled back its estimated net profits for the full year, citing softer trading in its Australian businesses and a slower economic recovery in New Zealand. The hotels and casino business issued a guidance update this ... read more
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Aussie lower, trades around $1.0100

posted by Avatar currencyplus 18 days ago in AUD made popular 18 days ago

Treasurer Wayne Swan said the surplus will continue to give the Reserve Bank (of Australia) room to cut interest rates, like it did last week when the RBA slashed rates by 50 basis points. This sentiment is weighing on AUD. read more
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AUD/USD above 1.0400 waits for RBA

posted by Avatar currencyplus 26 days ago in AUD

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 as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Spain Enters its Second Recession in Three Years

posted by Avatar currencyplus 26 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 26 days ago

But the markets are not rewarding the Canadian dollar/loonie (CAD). First, because they don't believe he'll actually be the only central bank that is raising rates. Second, because the Canadian economy has a large component of domestic demand. read more
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USD hosting Chinese business leaders

posted by Avatar currencyplus 32 days ago in USD, Commodities

Dennis Daugaard, as well as officials with the Governor's Office of Economic Development (GOED) and the South Dakota Department of Agriculture. The four-day session will include lectures, tours and demonstrations of South Dakota's agricultural and ... read more
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Crude Edges Up Near $103

posted by Avatar currencyplus 37 days ago in USD, EUR, Commodities made popular 37 days ago

Analysts were expecting crude oil inventories to add 400000 barrels and gasoline stocks to move up by 140000 barrels last week. This morning, the US dollar was steady near its monthly high versus the euro and trading flat against sterling. read more
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FX EUR/USD: Global FX bank's prop model turns bearish

posted by Avatar currencyplus 45 days ago in EUR made popular 45 days ago

One of the top 4 global FX trading bank's proprietary trend-cycle model turned bearish last Thursday and this has led internal strategists to opine in conjunction with their own wave analysis that the next move for EUR/USD is lower. read more
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Dollar mostly higher vs. rivals after US jobs data, China CPI

posted by Avatar currencyplus 48 days ago in USD

By Forexpros | Forex News | Apr 09, 2012 09:00AM GMT | Add a Comment Forexpros - The US dollar was up against most of its global counterparts on Monday, as Friday's weaker-than-expected US jobs report and official Chinese data showing inflation ... read more
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EUR/USD: MA Tunnel and RSI Trade Set up

posted by Avatar currencyplus 59 days ago in USD, EUR, CAD, AUD made popular 59 days ago

The 5 LWMA (yellow) and the 12 LWMA (blue) show me when to enter a trade; they also help me to see the strength of the trend. I only open a position, when the red tunnel is extremely narrow or crossed. LONG: 5 LWMA and 12 LWMA cross the red tunnel ... read more
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EUR/USD update (27th Mar 2012, 16:00)

posted by Avatar currencyplus 60 days ago in EUR

The Bank of Spain said that the country is currently in a recession and that it would be more difficult to get its fiscal house in order. Unsurprisingly, EUR/USD declined on the back of this news, reaching a day low of $1.33205. read more