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GBP/USD Steps Up Slowly, But Surely

posted by Avatar freshmint 9 days ago in all, USD, GBP

On Wednesday Pound/Dollar continued increasing with 180 pips. The Cable appreciated from 1.5705 to 1.5883 yesterday, in line with the positive Interbank sentiment at above +38%, closing the day at 1.5831. Today the British Pound is trading quietly, ...  read more
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IIF Says It Expects to Finish Deal on Greek Debt Swap This Week

posted by Avatar freshmint 13 days ago in EUR

29 (Bloomberg) -- Greece and its private creditors said they expect to complete a debt-swap accord in this week, after bondholders signaled they would accept European government demands for lower interest rates. The sides are close to completing a ...  read more
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USD/CHF Forecast Jan. 23, 2012, Fundamental Analysis

posted by Avatar freshmint 20 days ago in EUR, CHF

Still, the general sentiment in the market is more affected by the latest developments in the euro area amid chief concerns the lingering European debt crisis would push global economies into another recession. Last week, the World Bank lowered global ...  read more
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How much juice left to squeeze from the EURUSD lemon?

posted by Avatar freshmint 22 days ago in EUR, NZD made popular 22 days ago

CAD therefore looks more and more mispriced versus the likes of NZD and CAD from an interest rate spread perspective. While the UK Retail Sales data was rather weak today, we appear primed for a rather strong weekly candlestick for GBPUSD if we close ...  read more
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AUD/USD gently bid above 1.0300

posted by Avatar freshmint 25 days ago in CHF, AUD made popular 25 days ago

Aussie is virtually unchanged against the dollar early in Asia this Tuesday, but maintains the bid tone after Standard & Poor's dealt the euro zone another blow to risk sentiment by downgrading the credit rating of ...  read more
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You are here: Home

posted by Avatar freshmint 29 days ago in NZD

As technicals point to more consolidation ahead for the euro on both Antipodean currencies, some forecast an even larger correction for the Australian dollar. She said by comparison, the EUR/NZD pair doesn't look as stretched. "We remain convinced that ...  read more
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Euro steady, shows signs of stabilizing vs AUD

posted by Avatar freshmint 29 days ago in USD, EUR, JPY, CAD, AUD

ECB The European Central Bank kept interest rates unchanged at 1.0 percent on Thursday and said its flood of cheap 3-year loans was helping banks, adding that the euro zone's economy was showing some signs of stabilization in activity. ...  read more
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US soy edges up after tumble on Argentine rains

posted by Avatar freshmint 30 days ago in USD, Commodities

Wheat traded in a tight range as investors took positions ahead of the US Agriculture Department's monthly supply and demand report due out later today, while corn was also steady. US soybean futures rose 0.29 percent to $12.06-1/2 per bushel. ...  read more
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Market factors to watch - Jan 4

posted by Avatar freshmint 38 days ago in Commodities

... economic data > Gold extends gains on data, US easing hopes ---------------- MARKET SNAPSHOT AT 0037 GMT ----------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1277.06 1.55 19.46 USD/JPY 76.67 -0.01 -0.01 US 10YR 1.96 0.10 0.00 SPOT GOLD 1601.99 ...  read more
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Overnight Highlights (SGD THB KRW PHP IDR TWD HKD CNY INR MYR ...

posted by Avatar freshmint 39 days ago in JPY made popular 39 days ago

Liquidity was low enough even to push USD/JPY lower and out of its recent range. - GBP/USD followed EUR/USD higher in the NY morning but gave up some ground in the afternoon as desks squared their positions before heading home. ...  read more
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Seoul shares seen modestly higher; refiners eyed

posted by Avatar freshmint 39 days ago in USD, EUR, JPY, CAD, AUD, Commodities

------------------MARKET SNAPSHOT @ 22:29 GMT----------------- INSTRUMENT LAST PCT CHG NET CH S&P 500 1257.60 -0.43% -5.420 USD/JPY 76.87 0.01% 0.010 10-YR US TSY YLD 1.876 -- 0.000 SPOT GOLD $1565.41 0.00% 0.000 US CRUDE $99.19 -0.46% -0.820 DOW JONES ...  read more
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Swiss KOF Indicator Declines to Lowest in More Than Two Years

posted by Avatar freshmint 45 days ago in CHF made popular 45 days ago

15 left its benchmark interest rate at zero and stressed its resolve to defend the limit of 1.20 francs per euro introduced in September to fight deflation risks. The SNB will enforce the minimum exchange rate with the utmost determination, it said. ...  read more