The Australian dollar has been ranking among the top 5 best performing currencies since the global economy started to give signs of recovering, and speculations regarding interest rate hikes provided support for the Aussie to gain versus all six main traded currencies this Tuesday.(…)Read the rest of Interest Rates Speculations Force Aussie Up (165 words) Posted on Forex News. Read More Interest Rates Speculations [...]
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The Brazilian currency has been very influenced by international sentiment regarding global economic conditions this year, due to Brazil’s commodity exporter profile, and today, as pessimism rose, the real declined slightly versus most of the 6 main traded currencies.(…)Read the rest of Global Pessimism Pulls Down Brazilian Real (72 words) Posted on Forex News. Read More Global Pessimism Pulls Down Brazilian Real
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After declining to record low in months versus the euro and the dollar, the pound rebounded today as reports unexpectedly improved the sentiment towards the economic recovery in the United Kingdom, stopping the losing streak for the British currency.(…)Read the rest of Pound Decline Stops on Retail Sales (65 words) Posted on Forex News. Read More Pound Decline Stops on Retail Sales
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The U.S. currency slashed previous gains in the beginning of the Asian trading session today as speculations suggested that interest rates will be maintained at record lows for an extended period of time in the United Stated, indicating that the economy will need further stimulus to surpass the recession.(…)Read the rest of Dollar Down on Interest Rate Speculations (163 words) Posted on Forex News. Read More Dollar Down on Interest [...]
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The Australian dollar extended its record high after a report indicated that retail sales grew for the first time in three months, providing support for speculations that the South Pacific nation will raise interest rates before the end of the year.(…)Read the rest of Aussie Further High on Retail Sales (149 words) Posted on Forex News. Read More Aussie Further High on Retail Sales
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According to ActionForex EUR/USD is in a sidewyas trend. They recommend a strategy to sell at 1.4700 with a target at 1.4530 with a stop loss at 1.4760. Read More EUR USD Trade Idea Sell at 14700
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According to ActionForex EUR/USD is in a sideways trend. They recommend a strategy to sell at 1.0385 with a target at 1.0175 with a stop loss at 1.0450. Read More USD CHF Trade Idea Sell at 10385
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According to ActionForex EUR/USD is near term down trend. They recommend a strategy to sell at 90.70 with a target at 89.00 with a stop loss at 91.29. Read More USD JPY Trade Idea Sell at 9070
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NZD/USD rose to an intraday high at 0.7227 before reversing over 30 points to 0.7186. Although the near term bias is neutral, a retest of higher levels cannot be ruled out. Read More NZD USD Limit Sell at 07298
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UK retail sales showed year-on-year growth in September, on the Confederation of British Industry’s measure, and a similar picture is expected in October. 7 Vote(s) Read More UK retail sales on up amid hope of recovery
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