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AUD/USD Outlook May 28 – June 1

posted by Avatar forexcrunch 3 hours ago in USD, AUD, Technical made popular 59 minutes ago

The Australian dollar managed to hold steady this week, but has still lost around six cents against the US dollar in the month of May. The upcoming week is quite busy, with nine releases. Here is an outlook for the Australian events, and an updat  read more
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NZD/USD Outlook May 28- June 1

posted by Avatar forexcrunch 3 hours ago in USD, NZD made popular 3 hours ago

NZD/USD continued its free fall, but at least escaped the very steep channel. Has it found a bottom after diving so deep? NBNZ Business Confidence is the highlight of this week. Here’s an outlook for the events in New Zealand, and an updated tech  read more
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USD To Stay Afloat Amid Holiday Trade, Look To Sell AUD Correction

posted by Avatar defferson 1 day 16 hours ago in USD, Economic Indicators made popular 1 day 12 hours ago

By Daniel Dicker The Dow Jones-FXCM US Dollar Index (Ticker: USDollar ) remains 0.07 percent higher from the open after moving 89 percent of its average true range, but we are still watching the bearish divergence in the 30-minute relative strength ...  read more
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Venezuela's oil basket tumbles again; hits USD 101.63 per barrel

posted by Avatar forexclaim 1 day 16 hours ago in USD made popular 1 day 13 hours ago

The Venezuelan crude oil continued its downward trend, amid an oil market hit by bad signs for the global economy. The Venezuelan oil basket dropped USD 3.03 this week compared to last week s average and ended at USD 101.63 per barrel during the week ...  read more
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25/05/2012Euro declines on Spanish bank run rumours

posted by Avatar JoryEd 1 day 17 hours ago in EUR made popular 1 day 16 hours ago

The euro fell to its lowest point against the USD since mid-2010 this week, as concerns about a Greek exit from the euro and a Spanish bank run escalated. Here is my latest update on the euro exchange rate, covering the 18th to 25th May 2012.  read more
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Daily Forex Fundamentals - May 25, 2012

posted by Avatar EJSuratos 1 day 20 hours ago in Fundamental, Daily made popular 1 day 17 hours ago

It's the last day for you cool cats to make pips for this week, so make sure you know what's up in the forex market. Read up on my daily forex fundamentals report!  read more
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Friday Volatility 05-25-12

posted by Avatar Boston4X 1 day 23 hours ago in CHF, Technical, Sentiment made popular 1 day 23 hours ago

The SPX 500 sits about 3 points higher than Thursday’s close on the S&P 500 (as of 8:28am ET).  read more
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Japanese Yen Remains Stronger Against European Currencies

posted by Avatar MMarquit 1 day 23 hours ago in JPY made popular 1 day 22 hours ago

The Japanese yen continues to appreciate against European currencies, thanks to the uncertainty in Europe. Concerns about what’s next for the eurozone are weighing on risk, and the Japanese yen is once again being used as a safe haven currency.  read more
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GBP/USD Stabilizes Above 1.565

posted by Avatar stewie 2 days ago in USD, EUR, CAD, AUD made popular 1 day 23 hours ago

On Thursday Pound/Dollar traded within 90 pip range. The Cable appreciated from 1.5637 to 1.5727 yesterday, in converse with the negative money flow sentiment at nearly -28%, closing the day at 1.5662. Today the British Pound is trading quietly, ...  read more
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EUR/USD Forecast May 25, 2012, Technical Analysis

posted by Avatar FXEmpire 2 days ago in USD, EUR, Technical made popular 2 days ago

The EUR/USD pair attempted to rally on Thursday but failed miserably. The 1.25 level brought out the buyers, but they simply weren’t enough to stop the move lower. At the end of the session, we had a shooting star at the bottom of the downtrend.  read more
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Euro/USD Continued to Trade Down on Thursday –Daily Recap

posted by Avatar lchammer 2 days ago in USD, EUR, CAD made popular 2 days ago

The Euro/USD continued to trade down during yesterday’s trading.. Furthermore, the Canadian dollar and several other currencies such as the GBP also declined against the USD. The safe haven exchange rates such as CHF and Yen also depreciated agai  read more
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Canadian Dollar Remains Depressed by European Crisis

posted by Avatar commodityblog 2 days ago in USD, CAD, Fundamental made popular 2 days ago

The Canadian dollar fell today, dropping for the fourth straight day against its US peer, as fears of a collapse of the eurozone made Forex traders prefer the US currency to the Canadian one. The currency was flat against the yen.  read more