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CAD edges up as oil cuts losses

posted by Avatar morgan 603 days ago in CAD, Oil made popular 602 days ago

The Canadian dollar edged higher on Friday as oil prices turned positive and stronger-than-forecast Canadian economic data and moderate gains on equity markets provided support. read more
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Euro Gains Could be Reversed

posted by Avatar megumi 603 days ago in EUR made popular 602 days ago

The euro is just in a "corrective phase" and its recent gains could be reversed because "there are so many unknowns," Jane Foley from Forex.com told CNBC Friday. read more
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Cover-It-Live (6/18) – Fundamental News and Technical Analys

posted by Avatar FXTimes 603 days ago in Technical, Fundamental made popular 603 days ago

Join us as we discuss this week's market activity from a technical analysis perspective and take a look at key fundamental stories. read more
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Yen Advances on Speculation

posted by Avatar sora 603 days ago in JPY made popular 603 days ago

The yen advanced against the euro and the dollar amid concern spending cuts to contain Europe’s debt crisis will damp global economic growth, boosting demand for the safety of Japan’s currency. read more
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Gold price hits record above $1 258 an ounce

posted by Avatar fahrell 603 days ago in USD, Gold made popular 603 days ago

The price of gold surged to an all-time high point above $1 258 an ounce on Friday, on the back of the weaker US currency and downbeat US economic data, traders said. read more
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Euro Heads Towards Best Week Since September

posted by Avatar camac 603 days ago in EUR

The euro headed towards its strongest weekly advance against the dollar since September, basking in the after-glow of a move to stress-test European bank balance sheets. read more
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USD steady as European crisis worries ebb

posted by Avatar erzon 603 days ago in USD

The dollar was little changed Friday against major currencies after European Union leaders moved to calm fears of a financial crisis. read more
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Yen Rises Versus Dollar, Euro on Japan’s Growth

posted by Avatar mateo 603 days ago in EUR, JPY, Trade

The yen advanced against most of its major counterparts as Japan’s ruling party announced a plan to restore growth, end deflation and shrink the budget deficit to contain the world’s biggest public debt. read more
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Euro gets thumbs-up; cbanker rejects expulsion

posted by Avatar vhinz316 603 days ago in EUR

Expelling members from the euro zone is no solution to the current crisis, a European central banker said on Friday, as policymakers lined up in a chorus of support for the single currency. read more
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USD/CHF Orders

posted by Avatar morgan 603 days ago in USD, CHF made popular 603 days ago

Just in case the market dips some more during this session, I’m told there are some decent buy orders around 1.1050. It doesn’t look like there’s much in the way of decent technical support for this pair until 1.0925 (61.8% and 100-day MA). read more
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CAD closed at 97.55 cents US, up 0.70 of a cent on Tuesday

posted by Avatar morgan 606 days ago in CAD made popular 605 days ago

The Canadian dollar closed up 0.70 of a cent US at 97.55 cents on Tuesday. The U.S. dollar stood at 102.51 cents Cdn, down 0.74 of a cent. read more
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EU Morning Report – Moody’s downgrades Greek debt to Junk!

posted by Avatar topequitynews 606 days ago in Technical, Daily made popular 606 days ago

Markets seemed to shun the fear of an EU wide debt crisis yesterday as global risk appetite picked up. It seems that no news is good news especially when the market was heavily pricing in risks of defaults. With a record number of short positions read more