Feedback Form

Avatar rosales

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

Facebook's Prospects In Asia

posted by Avatar rosales 9 days ago in Economic Indicators made popular 9 days ago

The benefits of addressing the Japanese market, whose population is less than half the one of the US (128 million people), are: (1) A high GDP/capita (2) Very good IT infrastructure (actually, far better than the US, according to Akamai). read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD Fundamental Analysis May 17, 2012, Forecast

posted by Avatar rosales 10 days ago in EUR

In the US, data released was overall positive and provided additional strength to the USD. Building permits were under forecast, but housing starts soared above forecast. Markets reacted positively to the US data today. Yesterday's speech from voting ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Approaching Key Support Area Ahead of the Quarterly BoE Inflation Report

posted by Avatar rosales 11 days ago in USD, EUR, GBP, CAD, AUD

Tomorrow's Bank of England Quarterly Inflation Report can shake things up a little for the Sterling. BoE governor Mervyn King will hold a press conference. If the report and conference gives the market confidence that QE will be off the table in the UK ... read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD weekly outlook: May 14 - 18

posted by Avatar rosales 13 days ago in AUD made popular 13 days ago

AUD/USD hit 1.0219 on Monday, the weekly high; the pair subsequently consolidated at 1.0016 by close of trade on Friday, falling 1.33% over the week. The pair is likely to find support at 0.9893, the low of December 20 and resistance at 1.0122, ... read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Flash: Further gains for USD, JPY likely Wells Fargo

posted by Avatar rosales 17 days ago in USD made popular 17 days ago

That should also translate into further gains for the US dollar and yen, while other foreign currencies look likely to slide further. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD down in Asian trade

posted by Avatar rosales 26 days ago in NZD made popular 26 days ago

By Forexpros | Forex News | Apr 30, 2012 11:00PM GMT | Add a Comment Forexpros - The New Zealand Dollar was lower against the US Dollar on Monday after the release of NZ data on Labor Cost Index. NZD/USD was trading at 0.8184, down 0.01% at time of ... read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar falls prey to dovish Fed, NZD resilient

posted by Avatar rosales 31 days ago in USD, NZD made popular 31 days ago

The dollar index was last at 79.020, having fallen as low as 78.995 after Fed Chairman Ben Bernanke said the central bank would not hesitate to launch another round of bond buying if the economy needed it. The Fed has previously engaged in two rounds ... read more
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australian dollar falls broadly

posted by Avatar rosales 32 days ago in AUD made popular 32 days ago

The Australian dollar fell broadly on Tuesday while bond yields touched 60-year lows after surprisingly soft inflation cleared the way for, potentially, deep cuts in interest rates. The Australian dollar skidded 0.6 percent on the day to $1.0259 after ... read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Report: EUR/USD, GBP/USD, USD/JPY And USD/CAD: April 20, 2012

posted by Avatar rosales 36 days ago in EUR made popular 36 days ago

In other news, it was clear that the US Housing sector continues to struggle since figures showed that Existing Homes Sales slipped to 4.48 m when analysts forecast an increase to 4.62 m. The leading Indicator also dipped to 0.3 percent though 0.2 was ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Japan's trade deficit pulls the Yen lower for the third consecutive day

posted by Avatar rosales 38 days ago in USD, EUR, JPY, CAD, AUD

The Asian session today saw the Japanese yen resume the weakness for the third straight day against the dollar and major currencies, amid the expectations for a looser monetary policy by the BOJ in order to support the economy and fight deflation. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

European Banks' Dollar Funding Costs Fall to 8 1/2 Month Low

posted by Avatar rosales 39 days ago in EUR

The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 49 basis points below the euro interbank offered rate at 8:10 am in London from minus 52 yesterday, data compiled by Bloomberg show. read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro, Aussie bounce but dollar to win out

posted by Avatar rosales 64 days ago in EUR, AUD

The euro and the Australian dollar bounced back against the US dollar on Friday as concerns over a slowdown in China and the euro zone eased slightly, but dealers said the greenback would be supported by the ... read more