Archives by date

You are browsing the site archives by date.

Gold Forecast Turns Bearish On Break Lower

US Dollar Gains, But Watch NZ Dollar, Canadian Dollar Ahead of Inflation Reports (Forex Video)

US dollar, Japanese yen strongest of the majors as weak US data spurs risk aversion. Upcoming inflation reports could shake up the New Zealand dollar and…

AUDUSD Fails to Close Below Support Line

Dollar weakness late in the day resulted in the AUDUSD closing above its support line that has held since March 10. It is still possible that a top is…

British Pound Crosses Take Divergent Paths

-GBPCHF may be in a triangle -GBPCAD bounces from support line -GBPAUD resistance begins at 2.1430 -GBPNZD enters Fibonacci zone

US Dollar, Japanese Yen the Strongest of the Majors as Classic Carry Trades Fall Under Pressure

– New Zealand Dollar to See Market-Moving Inflation Data Overnight – British Pound, Euro Test Support as Euro-zone CPI Hits Record Low of 0.6% – Canadian…

Fitting A EURUSD Range In Before The Break Is Risky

Congestion is symptom of the entire currency market; but many pairs are experiencing this price action in the middle of burgeoning trends and potential…

NZD/JPY Remains Under Pressure as Weak US Data Weighs on Risk Appetite

NZD/JPY, perhaps the most classic “carry trade” currency pair, has come under pressure since breaking below intraday support on Tuesday. Unstable risk…

British Pound Pulls Back; Structure Bullish above 1.4579

-EURUSD range continues -GBPUSD support at 1.4765 -AUDUSD tests support line -USDCAD resistance at 1.2190

Forex Market Update: EUR, GBP and AUD Edge off Highs In Response to China GDP Data

The dollar was under pressure in early Asian trading, weighed down by gains in the EUR, GBP and AUD as risk appetite improved in the wake of the Fed Beige…

Overnight Interest Rate Update 04.16.09

Current Yesterday USD 0.26250 0.26750 GBP 0.60000 0.60000 EUR 0.79500 0.79875 JPY 0.18375 0.18625 CHF 0.11500 0.11833 AUD 3.18750 3.21000 CAD 0.42500 0.45333 NZD 3.03750 3.05000