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Canadian dollar hits highest since October on Greece deal

posted by Avatar princess 2 days ago in USD, EUR, CAD

Canada's dollar rose to its strongest level since late October against its US counterpart on Thursday as news a Greek bailout package had been reached fueled investor hunger for riskier assets. The Canadian dollar firmed to C$0.9925 ... read more
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Osborne says Q4 GDP fall "disappointing"

posted by Avatar princess 17 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 17 days ago

The 0.2 percent drop in Britain's economic output in the last three months of 2011 was "disappointing" but not unexpected, due to weak demand in Britain's euro zone export markets, Chancellor George Osborne said on Wednesday. read more
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GBP/USD Weekly Fundamental Analysis Jan. 23-27, 2012, Forecast

posted by Avatar princess 20 days ago in USD, Economic Indicators made popular 20 days ago

The GBP/USD was up and down all week, with positive jobs reports and negative housing data, but moved up against all currencies. The UK economic reports on jobless claims showed more and more claimants, putting pressure on the sterling. Inflation ... read more
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BoC: CAD 2.7 bln 2/2/2012 CM auction results

posted by Avatar princess 24 days ago in CAD

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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ForexLive Asian market wrap: China December CPI 4.1% YoY

posted by Avatar princess 30 days ago in EUR

... which falls 1% Gold $1644/oz, Oil $101.50/bbl EUR/USD has traded in a tight range ahead of the ECB and Spanish bond auction. EUR/GBP and EUR/AUD have managed some modest gains with light profit-taking ahead of risk events the likely explanation. ... read more
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USD Index Points To Further Strength, Sterling To Face Range-Bound Prices

posted by Avatar princess 32 days ago in USD made popular 32 days ago

... but the UK event risks on tap for later this week may weigh on the exchange rate as we're expecting to see a slowdown in economic activity paired with easing price pressures. As the GBP/USD maintains the broad range from the end of December, ... read more
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FOREX: Euro Euphoria Resurfaces, France To Maintain Credit Rating

posted by Avatar princess 32 days ago in CHF

In turn, risk trends may heavily influence the GBP/USD over the remainder of the week, but we may see the sterling struggle to hold its ground as the economic docket is anticipated to show a slowing recovery in Britain. As the GBP/USD appears to be ... read more
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Market expected to stay in downtrend till April-June 2012: Moses Harding

posted by Avatar princess 37 days ago in EUR

The US economy is showing signs of improvement. The growth momentum in the US is supported by low inflation; easy liquidity and low interest rates. The ``worry`` is from the Euro zone. Despite deriving comfort from provision of liquidity (by ECB/IMF) ... read more
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Daily Report: EUR/USD, GBP/USD, USD/JPY and USD/CAD

posted by Avatar princess 44 days ago in EUR

Investors are still concerned about the UK's economy and they believe growth will slow down in 2012. The Yen rallied against the risk currencies on news that ECB deposits had risen dramatically, suggesting the banks were re-depositing the funds with ... read more
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Gold (XAU/USD): Entry 11:00 AM EST - Sell Signal

posted by Avatar princess 45 days ago in Commodities

For each trade I have a 5 Dollar Stop Loss and a 5 Dollar Take Profit. That means that my strategy is profitable if more than 50 percent of my trades will win. On my account I risk for each trade LESS THAN ONE PERCENT. That means I need to have at ... read more
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Dollar tempers gains, digests Europe loan deal

posted by Avatar princess 51 days ago in EUR, CHF

Meanwhile, the greenback was up 0.01% against the yen, with USD/JPY trading at 78.07, and stronger against the Swiss franc, with USD/CHF trading up 0.01% at 0.9358. The dollar was up against its counterparts in Canada, Australia and New Zealand, ... read more
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Gold plunges to two-month low as stronger USD weighs

posted by Avatar princess 59 days ago in Commodities made popular 59 days ago

Forexpros - Gold futures plunged through key support levels on Wednesday, trading at the lowest level since late October as a broadly stronger US dollar and fears that euro zone's sovereign debt crisis was worsening prompted investors to sell ... read more