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USD/CHF Forecast February 10, 2012, Technical Analysis

posted by Avatar techiegirl 1 day 12 hours ago in USD, EUR, CAD, AUD, Commodities made popular 1 day 10 hours ago

The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got a bit of a reprieve. The resulting candle for the session was a ...  read more
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Greece's November Unemployment Rate Increases to 20.9%

posted by Avatar techiegirl 2 days ago in USD, EUR, JPY, GBP, CAD, AUD, NZD made popular 2 days ago

Greece's unemployment rate rose in November to a record high, while declining industrial production in December indicated a deepening economic contraction in the final quarter. The unemployment rate rose to 20.9 percent, from 18.2 percent the previous ...  read more
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USD/JPY down during Asian trade

posted by Avatar techiegirl 24 days ago in USD, EUR made popular 24 days ago

Meanwhile, the US Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.2747 and GBP/USD rising 0.04% to hit 1.5338. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not ...  read more
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FX USD/CAD: Order boards thickening up nicely

posted by Avatar techiegirl 29 days ago in CAD made popular 28 days ago

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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USD/CHF up on a strong greenback

posted by Avatar techiegirl 37 days ago in CHF made popular 37 days ago

The American dollar is trading higher and pushing the risk-off currencies along with it. Market participants will focus their attention in the French bond auctions due later at 10am GMT as well as the US labour market data ...  read more
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Germany and Europe Expect a Tough 2012

posted by Avatar techiegirl 40 days ago in EUR made popular 40 days ago

Despite a precarious situation in Europe with the debt crisis, the unemployment rate continued to fall in Germany in 2011. The year 2011 was a bad one for Europe. But 2012, Angela Merkel believes, could even be worse -- for her country at least. ...  read more
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Market factors to watch - Jan 2

posted by Avatar techiegirl 40 days ago in USD, EUR, JPY, CAD, AUD made popular 40 days ago

The Philippine economy will likely grow 4.5 percent this year, faster than a projected expansion of 4.0 percent in 2011, supported by stable interest rates as well as consumer spending that derives strength from the billions of ...  read more
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US corn eases after rally; weather woes support

posted by Avatar techiegirl 44 days ago in USD, EUR, AUD, Commodities

US crude rose towards $100 a barrel, rebounding from the previous session's sell-off on fears that Iran could cause havoc to oil shipments flowing through a vital trade route. * US stocks fell more than 1 percent on Wednesday on renewed concerns about ...  read more
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Daily Report: EUR/USD, GBP/USD, USD/JPY and USD/CAD

posted by Avatar techiegirl 50 days ago in EUR, Economic Indicators made popular 50 days ago

Further releases showed that Continuing Claims declined below expectations and the economy advanced, though less than expected, as reflected by a small gain in Consumer Spending. Gross Domestic Product rose at a 1.8 percent annual rate in the third ...  read more
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Oil joint ventures operating in Venezuela seek USD 14 billion

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

The companies seek to raise USD 14 billion in external funding to reverse the trend of declining or stalling oil production in Venezuelan oil fields, a source involved with the plan, who declined to be named, told Reuters. ...  read more
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Ecuador: Banana exporters sanctioned due to breach of law

posted by Avatar techiegirl 60 days ago in Commodities made popular 60 days ago

The Ministry of Agriculture (MAGAP), has initiated a compliance and obligations review process to exporting and marketing banana companies. So far 19 companies have been sentenced, these same companies have to pay a fine of approximately USD 60000. ...  read more
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Euro little affected by EU Summit

posted by Avatar techiegirl 61 days ago in EUR, GBP made popular 61 days ago

The isolation of UK PM Cameron was widely criticized, but didn't affect sterling. Today, UK and European calendars are empty. So, EUR/GBP will trade on the general risk on/risk off sentiment. It is not clear at this juncture whether the current slight ...  read more