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Euro Trades Quietly Against Dollar Ahead Of The London Session

posted by Avatar victoryismine 9 days ago in EUR

The euro was unable to make any significant headway against the US dollar ahead of the London session on Thursday despite some positive global cues that were supportive for risk-rally. Yesterday's manufacturing data from China, ... read more
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Market Outlook for January 20, 2012

posted by Avatar victoryismine 22 days ago in EUR made popular 22 days ago

The better than expected bond auction results in Europe, good economic data in the US and a broad weakening of the USD overnight have help to support the gold price and saw it briefly attempt to break above resistance at $1667. Gold continues to look ... read more
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EUR/USD reverses heavy losses from Fitch comments

posted by Avatar victoryismine 30 days ago in EUR, NZD

The euro was up against the pound and also against the yen, with EUR/GBP gaining 0.08% to 0.8296 and EUR/JPY rising 0.14% at 97.79. Later Thursday, New Zealand will release data on house price inflation. The UK is to release an official report on ... read more
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Australia: Nov Trade Surplus narrows to A$1.38bn from $1.42bn

posted by Avatar victoryismine 37 days ago in AUD, Economic Indicators made popular 37 days ago

However, given the relatively strong AUD, this sector has struggled for most of 2011. In seasonally adjusted terms, travel was down 3%m/m. A 4% decline in transport and an 8% fall in passenger transport were also in part responsible for softness here. ... read more
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Other Dollars trade in a Vacuum

posted by Avatar victoryismine 38 days ago in CAD made popular 37 days ago

The CAD had started this year on a constructive note yesterday, climbing to its strongest level against its larger neighbor and biggest trading partner, the US, in nearly four-weeks, as rising oil prices and stronger than expected global economic data ... read more
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EUR/USD Forecast January 5, 2012, Fundamental Analysis

posted by Avatar victoryismine 38 days ago in EUR

The focus today will turn to the United states, which is to release the closely watched ADP employment report, with expectations the private sector could have added 175 thousands additional job in December. The focus then will turn to the ISM ... read more
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Germany's ILO Employment Maintained Upward Trend In November

posted by Avatar victoryismine 39 days ago in EUR, CAD made popular 39 days ago

Chris: I still like Sean's idea of shorting the EUR/USD on any rally of 200 pips. The low of 1.28570 was made... Garrett: Long USD/CAD Short EUR/USD At current prices with small positions and tight stops. TanForex: My chart indicates that Sean's ... read more
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China-Japan Currency Deal Points Way to a New World Monetary Order: View

posted by Avatar victoryismine 44 days ago in JPY made popular 44 days ago

The risk for the US, if the yuan strengthened abruptly, would be higher interest rates and inflation, reflecting the shift by investors away from the dollar to the yuan, and the steeper cost of Chinese goods. The risk for China would be a too-sudden ... read more
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Rupee may trade in 52.55-53 range: Karvy Stock Broking

posted by Avatar victoryismine 47 days ago in EUR

... increased India's 10 year yields closed higher last trading session, they finally ended at 8.33% higher by 2 bps In the domestic currency markets the rupee pared losses against the GBP, Euro and Yen by 0.36, 0.46 and 0.41 percent respectively. ... read more
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EUR/GBP Pushes Higher But Upside Limited

posted by Avatar victoryismine 54 days ago in EUR made popular 54 days ago

Elsewhere, the euro was lower against the US dollar, with EUR/USD slipping 0.13% to hit 1.3024. Also Monday, a report by the UK's largest property website Rightmove showed that house price inflation fell 2.7% in December after a 3.1% decline the ... read more
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AUD/USD under pressure in Asia

posted by Avatar victoryismine 54 days ago in AUD

AUD/USD has lost the upside gap advantage at the weekly open, sliding from 0.9986 to 0.9930 in Asia; the Australian dollar still looks biased to the downside against the greenback. Technically speaking, The hourly chart, ... read more
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Aussie, Kiwi Snap Gains Before RBA Meeting as S&P Warns on Euro Ratings

posted by Avatar victoryismine 67 days ago in EUR, AUD

Demand for the Aussie dollar was also limited on bets the Reserve Bank of Australia, which lowered borrowing cost for the first time in 2 1/2 years last month, will cut interest rates again today to sustain the economy as Europe's debt crisis weighs on ... read more