Feedback Form

Avatar defferson

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

USD To Stay Afloat Amid Holiday Trade, Look To Sell AUD Correction

posted by Avatar defferson 1 day 14 hours ago in USD, Economic Indicators made popular 1 day 10 hours ago

By Daniel Dicker The Dow Jones-FXCM US Dollar Index (Ticker: USDollar ) remains 0.07 percent higher from the open after moving 89 percent of its average true range, but we are still watching the bearish divergence in the 30-minute relative strength ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/NZD continued its upward trend to 1.3000

posted by Avatar defferson 9 days ago in AUD, NZD made popular 9 days ago

An auction for 10yr inflation linked bonds went at a record low of -0.39% real yield. Australian 3yr yields fell 8bp. The US dollar index (DXY) probed a little higher but looked consolidative rather than trending. EUR fell from 1.2750 to 1.2667 and ... read more
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US soybean futures slip on further fund selling

posted by Avatar defferson 12 days ago in USD, EUR, AUD made popular 12 days ago

DATA/EVENTS (GMT) 0500 Japan Consumer confid. index Apr 0600 Germany GDP flash yy Q1 0800 Italy GDP prelim yy Q1 0900 EZ GDP flash estimate yy Q1 0900 Germany ZEW economic sentiment May 1145 US ICSC chain stores yy Weekly 1230 US Core CPI mm, ... read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian Dollar Gains Most in 1 Week as Stock Futures Up

posted by Avatar defferson 16 days ago in CAD made popular 16 days ago

Canada's currency, nicknamed the loonie, climbed 0.4 percent to 99.87 cents per US dollar at 8:10 am in Toronto. It touched C$1.0063 yesterday, the weakest since January. One Canadian dollar buys $1.0013. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/AUD off from fresh yearly highs 1.6074 back below 1.6000

posted by Avatar defferson 17 days ago in AUD

After rising a generous +4.77% year to date, British Pound has found early in the trade resistance at yearly high 1.6076 against Aussie dollar, about same highs in November 2011, now retreating to current 1.5960, ... read more
30 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Heavy Euro Selling Pressure as Greece Standoff Continues

posted by Avatar defferson 17 days ago in EUR, Commodities made popular 17 days ago

The RBA rate cuts is likely to see the AUD/USD test 1.000 and we could see this as soon as today given the heavy sales in Asia. Oil & Gold (XAU) the XAU/USD is being liquidated as investors flee to cash while the uncertainty remains. The precious metal ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CHF drops 0.13% on US NFP

posted by Avatar defferson 22 days ago in CHF made popular 22 days ago

On the other hand, retail sales in Switzerland grew by 4.2% compared to last year, far more than the forecast of 1.1%. The pair is currently trading at 0.9122 (falling 0.13%), facing resistance at 0.9169, ahead of 0.9202 and 0.9230, according to ... read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US security reviewing employer eligibility: Infosys

posted by Avatar defferson 34 days ago in USD made popular 34 days ago

In a filing to the Securities and Exchange Commission, the company has said DHS is reviewing its employer eligibility verifications, after it found "significant percentage" of errors in Forms I-9 of some of its employees working in the country. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound Spikes Up Against Majors

posted by Avatar defferson 44 days ago in USD, EUR, JPY, GBP, CHF, CAD

In early European deals on Thursday, the pound advanced against other major currencies despite a report showed that the UK trade deficit widened in February. The UK's visible trade gap increased in February and exceeded economists' ... read more
39 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD update (3rd Apr 2012, 16:30)

posted by Avatar defferson 53 days ago in EUR made popular 53 days ago

The yield on Spain's ten-year bonds rose 6 bps to 5.41% today and has gained more than 50 bps since 2 March when Rajoy raised the deficit target, citing a deepening recession and his Socialist predecessor's failures. In other news, the eurozone PPI ... read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US soy rises on S.American crop worries; corn, wheat mark time

posted by Avatar defferson 62 days ago in USD, EUR, AUD, Commodities made popular 62 days ago

Oilseeds analyst Oil World last week cut estimates for soy crops in Brazil and Argentina by a combined 2 million tonnes. * Benchmark Malaysian palm oil futures hit nine-month highs on Friday on an upbeat demand outlook and as top palm oil producer ... read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Fundamental Analysis March 26, 2012, Forecast

posted by Avatar defferson 64 days ago in USD made popular 64 days ago

The GBP/USD is currently up at 1.5861 as the Sterling was able to capitalize in the weakness in the USD. There was little in the way of economic news. In the UK the consumer confidence report was under forecast. The USD was hit by two blows today, ... read more