tradervlad

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Australian Dollar May Fall to NZ$1.24, Standard Chartered Sa

posted by JayP 157 days ago in AUD, NZD, Technical made popular 156 days ago

The Australian dollar may fall against the New Zealand currency to as low as NZ$1.24 after failing to sustain gains above so-called resistance at NZ$1.2880, according to Standard Chartered Plc.  read more

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A Big Fundamental Forex Week

posted by JayP 157 days ago in USD, EUR, GBP made popular 156 days ago

We have interest rate decisions from the RBA on Tuesday morning at 00:30 EDT, and a huge week of other aussie data. Watch the RBA, they may surprise and cut ahead of the market-wide expected cut in September; expect the unexpected. The Fed is out  read more

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Loonie Loses Currency Wings as Canada Hurt by U.S.

posted by supertrader 157 days ago in USD, CAD made popular 157 days ago

Currency traders are beginning to realize that for all its riches in oil, copper and lumber, Canada's economy may not be so different than the U.S. after all.  read more

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Gold Falls as Oil Drop Cuts Demand for Inflation Hedge

posted by supertrader 157 days ago in USD, Gold made popular 157 days ago

Gold fell in New York as a drop in energy costs reduced the appeal of the precious metal as a hedge against inflation. Silver also declined.  read more

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Australian, N.Z. Dollars Gain as Charts Signal Losses Excess

posted by pippinallnite 157 days ago in AUD, NZD, Technical made popular 157 days ago

The Australian dollar rose from a three-month low and the New Zealand dollar climbed from near the weakest in 10 months as technical charts signaled the more than 2 percent loss in the currencies of the past week was excessive.  read more

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Oil Falls Toward $124, But Tropical Storm Looms

posted by pippinallnite 157 days ago in USD, Oil made popular 157 days ago

Oil edged below $125 a barrel on Monday, pressured slightly by evidence of rising OPEC output, but supported by worries about supply disruption as a tropical storm threatened facilities in the U.S. Gulf of Mexico.  read more

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5 Key Events for the Forex Market This Week

posted by fxhottie 157 days ago in USD, EUR, GBP made popular 157 days ago

This week, a total of four central banks will meet, including the Federal Reserve, Bank of England, European Central Bank, and Reserve Bank of Australia. However, only a few of these rate decisions have the potential to spark volatility in the fo  read more

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New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut

posted by tradervlad 169 days ago in NZD, Fundamental, GDP made popular 168 days ago

For the first time in 5 years, the Reserve Bank of New Zealand cut interest rates by 25bp to 8 percent and signaled that rates will be cut even further.  read more