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ADP Says U.S. Companies Reduced Payrolls by 157,000

posted by Avatar vlad250 1193 days ago in USD, Fundamental, Employment made popular 1191 days ago

Companies in the U.S. cut an estimated 157,000 jobs in October, the most in almost six years, a private report based on payroll data showed today.  read more
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Short EUR/JPY

posted by Avatar vlad250 1194 days ago in EUR, JPY, Technical made popular 1193 days ago

What's Up! It looks like today's rally in risk is giving me an opportunity to play a Fibonacci setup on EUR/JPY today. A return to the downside this week?  read more
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Short AUD/USD

posted by Avatar vlad250 1195 days ago in USD, AUD, Technical made popular 1194 days ago

Hello my Forex Friends! As I stated in my last post, I will revisit AUD/USD at the beginning of this week, and it looks like the pair is giving us another opportunity to short against the falling trendline.  read more
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Australian, New Zealand Dollars Fall Amid Growth, Rates Conc

posted by Avatar vlad250 1228 days ago in AUD, NZD, Fundamental made popular 1227 days ago

The Australian and New Zealand dollars fell to the lowest in more than a week on speculation their central banks will cut interest rates to combat slowing growth and declining prices for commodities the nations export.  read more
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A "Once in a Century" Event?

posted by Avatar vlad250 1244 days ago in USD, Fundamental made popular 1244 days ago

Ten years ago, the New York Federal Reserve Bank called upon Lehman Bros. and a handful of other major players on Wall Street to rescue a high-flying hedge fund. The firms grumped and whined...but they came up with the money, $3.7 billion. The re  read more
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Dollar Rises on Speculation the Retail Sales Gain

posted by Avatar vlad250 1339 days ago in USD, Fundamental, Retail Sales made popular 1339 days ago

The dollar rose for the third day in four against the euro and yen on speculation a rebound in U.S. retail sales will support the Federal Reserve's case for raising interest rates.  read more
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Canada's Dollar Falls to Lowest in a Month on Rate Forecast

posted by Avatar vlad250 1342 days ago in CAD, Fundamental, GDP made popular 1342 days ago

Canada's dollar weakened to the lowest in more than a month as a slowing economy fueled speculation that the Bank of Canada will cut borrowing costs next week.  read more
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Canadian Dollar Falls for Third Day on Economic Growth

posted by Avatar vlad250 1356 days ago in CAD, Oil, GDP made popular 1356 days ago

Canada's dollar declined for a third straight day on concern that slowing economic growth in the U.S. and Canada will force the Bank of Canada to continue lowering borrowing costs.  read more
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The Dollar Holiday Blues

posted by Avatar vlad250 1356 days ago in USD, EUR, Oil made popular 1356 days ago

What did not happen this past week was more interesting than what did. Jobless Claims did not deteriorate, the Dow did, oil boomed, the United States housing market swooned and for all the negative news the dollar gave ground only grudgingly agai  read more
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IMF Urges BOJ to Keep Rate at 0.5% on Growth Concern

posted by Avatar vlad250 1360 days ago in JPY, Sentiment, GDP made popular 1360 days ago

The International Monetary fund urged Japan's central bank to refrain from raising interest rates, the lowest in the industrialized world, until concern abates about the strength of the economy.  read more
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Australian Dollar to Equal U.S. Dollar, Analysts Say

posted by Avatar vlad250 1360 days ago in USD, AUD, Sentiment made popular 1360 days ago

The Australian dollar will climb to equal value with the U.S. currency for the first time since 1982 as the central bank considers raising interest rates, say banks including RBC Capital Markets and ABN Amro Holding NV.  read more
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Canada Wholesale Sales Rise Twice as Much as Expected

posted by Avatar vlad250 1362 days ago in CAD, Fundamental, Manufacturing made popular 1362 days ago

Canadian wholesale sales rose two times faster than economists predicted in March, led by building supplies and machinery and equipment.  read more