30 votes
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing ...
2 votes
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USD/CAD Trading at Resistance Area Around 1.03
Join the Market Intelligence Briefings to get fundamental analysis, technical setups, trade plan assessments for Oil, USD/CAD, and other currency pairs. Fan Yang CMT is a trader, analyst, educator and Chief Technical Strategist for FXTimes - provider ...
25 votes
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Gold hits 4-month low as dollar rises, stocks slide
The dollar should by now have been a lot stronger considering the strong buy signal given this week in the EUR/USD. This has so far not materialized." European shares fell on Friday as uncertainty over Greece's political outlook, a huge loss from ...
37 votes
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AUD/USD found support during the Asia session
Whilst we remain a bear on both the data and currency front the employment number of late have been very wild. The detail to watch will be Full time against Part-Time! Like always sell on weak bounces! Compass Global Markets Pty Ltd ("Compass Global ...
30 votes
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EU Morning Report- Euro slides on Greek uncertainty
By Easy-Forex The euro (EUR) fell below the 1.30 level against the dollar sliding as low as 1.2965 from 1.3059 as political uncertainty in Greece continues to weigh on market sentiment. Greece's Left Coalition party leader Tsipras, who is expected to ...
24 votes
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Australian dollar on downward trend
With the Aussie dollar still above parity with the US dollar, the economy slowing and inflation under control, there appears to be little stopping the RBA from continuing to bring down rates. For now, the bears' evident reluctance to sell aggressively ...
33 votes
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Big jump in US consumer credit
By Jamie Coleman || May 7, 2012 at 19:03 GMT At last some money come down from Wall Street good for US but is it good for USD? The content of this field will not be shown publicly. chinedu: i am already short on this pair, but very flexible should ...
30 votes
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Sterling Strong As Good Housing Data Highlights Continental Weakness
EUR/GBP fell to fresh yearly lows intraday. Although the data encouraged some market participants, especially since in coincided with a better than expected PMI manufacturing out of the UK, the outlook for policymakers remains bleak. A GDP contraction ...
26 votes
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Seoul shares seen up as US data eases growth worry
Japanese stocks fell to a two-and-a-half-month low on Tuesday, hurt by uncertainty on the euro zone and concerns over US economic growth, while a strong yen weighed on exporters. The Korea Composite Stock Price Index (KOSPI) had climbed 0.34 percent to ...
42 votes
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Traders bet interest rate will stay flat
Banks are offering fixed rate mortgages at the lowest rates in at least 2 1/2 years, according to data compiled by interest.co.nz. Both the performance of manufacturing and services surveys for March showed a slower pace of expansion.
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Rupee down by 37 paise Vs USD; ends at 3-month low
The marginal decrease in headline inflation found mark in investors sentiment ahead of RBI's annual policy tomorrow. The BSE benchmark Sensex ended higher by 56.44 points, or 0.33 percent today. At the Interbank Foreign Exchange (Forex) market, ...
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USD drops as weekly jobless claims rise to 380k
by Union Bank Team - Union Bank, NA | View company's profile Commodity Currencies push higher as rising stocks and commodities encourages risk taking; AUD gains by more than a percent against the USD as Australian employment unexpectedly improves.


