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NZD/USD down on economic data

posted by Avatar zero 13 days ago in NZD made popular 13 days ago

By Forexpros | Forex News | May 13, 2012 11:00PM GMT | Add a Comment Forexpros - The New Zealand Dollar was lower against the US Dollar on Sunday after the release of NZ data on Core Retail Sales. NZD/USD was trading at 0.7798, down 0.40% at time of ... read more
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Canadian Dollar Off Early Highs Versus Majors

posted by Avatar zero 15 days ago in USD made popular 15 days ago

The Canadian dollar eased form morning session's gain against major currencies during New York afternoon trading on Friday. As of now, the loonie is trading near 79.92 against the Japanese yen and 0.9999 against the US dollar from previous ... read more
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Draghi supports the euro

posted by Avatar zero 23 days ago in USD, EUR, JPY, CAD, AUD

By Easy-Forex The euro (EUR) recorded gains against most of its major counterparts as the European Central Bank (ECB) announced its lending rate unchanged at 1.00%. As this was what the market expected, investors immediately turned their attention to ... read more
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Canadian dollar rises for second day

posted by Avatar zero 38 days ago in CAD made popular 38 days ago

by The Canadian Press - Story: 74041 The Canadian dollar was slightly higher Wednesday, adding to a surge of almost a full cent in the previous session that came after the Bank of Canada hinted that higher interest rates could come sooner than many ... read more
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Inflation risk is still there

posted by Avatar zero 41 days ago in USD, NZD made popular 41 days ago

Stronger GDP growth that brings higher inflation risks with it would point to earlier and more rapid increases. Much also depends on where the NZD/USD exchange rate is. Should the NZD/USD rate stay above 0.8000 and the TWI Index stay up near 74 over ... read more
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FX AUD/USD: No impact from HSBC China Services PMI

posted by Avatar zero 52 days ago in AUD made popular 52 days ago

The HSBC versions of both the manufacturing and services PMIs for China are out of sync with the official versions - which showed fairly dramatic increases. The AUD/USD has not reacted to the HSBC survey and is trading just above 1.0275. read more
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Preview: US CPI Inflation Data to Offer Clues for FOMC, Dollar Index

posted by Avatar zero 100 days ago in Economic Indicators made popular 100 days ago

By Nick Nasad US economic data continued to post positive surprises again this week, with jobless claims falling to a four-year low and housing starts continuing to increase. That helps to solidify the US growth momentum story that has been a major ... read more
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GBP/USD Forms 110 Pip Range Trading This Week

posted by Avatar zero 110 days ago in USD, EUR, CAD, AUD, Commodities

On Monday Pound/Dollar traded within 110 pip range. The Cable appreciated from 1.5729 to 1.5842 yesterday, in line with the positive Interbank sentiment at nearly +45%, closing the day at 1.5815. Today the British Pound is trading quietly, ... read more
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Europe Mulls Lower Interest Rates on Greek Loans, Welt Reports

posted by Avatar zero 110 days ago in USD, EUR, JPY, CAD, AUD, NZD made popular 109 days ago

Euro-area governments are considering a reduction of interest rates on bilateral loans to Greece, supplementing the writedowns banks have agreed to take on the country's debt, German newspaper Die Welt reported, citing unidentified people with ... read more
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2 Ways to Trade a 2500 Pip Trend

posted by Avatar zero 110 days ago in NZD, Economic Indicators made popular 110 days ago

Since the USD is sensitive to the risk on versus risk off trades, look to trade a cross pair such as the EURNZD which strips out the USD exposure. As a result, we can match a relatively weak currency (EUR) against a relatively strong currency (NZD). read more
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Australian and New Zealand dollars to dip only modestly in 2012

posted by Avatar zero 112 days ago in AUD, NZD made popular 112 days ago

The median forecast of more than 50 analysts polled by Reuters showed the Australian dollar gradually slipping to $1.015 in early 2013, although still above parity. On Friday, it was up at $1.0680, having risen 5 percent so far this year. read more
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GBP/USD Lost Almost All Yesterday's Gains

posted by Avatar zero 115 days ago in USD, EUR, CAD, AUD

On Tuesday Pound/Dollar resumed increasing with almost 100 pips. The Cable appreciated from 1.5699 to 1.5797 yesterday, in line with the positive Interbank sentiment at above +54%, closing the day at 1.5758. Today the British Pound is correcting ... read more