The Swiss franc dropped slightly against the euro today before returning to its opening price as Philipp Hildebrand, the Chairman of the central bank, said that the further rise of the franc will be contained while the policy makers are “acting decisively to prevent an excessive appreciation”.(…)Read the rest of Swiss Franc’s Appreciation Contained by Central Bank (58 words) Posted on Forex News. Read More Swiss Francs Appreciation [...]
Posted in FX News | Tagged appreciation, bank, by, central, contained, francs, swiss |
The euro gained today against most other major currencies on the speculation that Greece may accept to perform the budget cuts, which were requested by the European Union from Greece for the nation to receive the $159 billion financial aid.(…)Read the rest of Euro Rises on Prospect for Greece to Receive Aid Soon (70 words) Posted on Forex News. Read More Euro Rises on Prospect for [...]
Posted in FX News | Tagged aid, euro, for, greece, on, prospect, receive, rises, soon, to |
The Great Britain pound slipped today on the speculation that the attempts to deal with the budget deficit may be hindered by the slow growth of the U.K. economy, which expanding with slower pace than the economies of the U.S. and the Euro-zone.(…)Read the rest of Slow U.K. Economic Growth Curbs Pound’s Strength (102 words) Posted on Forex News. Read More Slow UK Economic Growth Curbs Pounds Strength
Posted in FX News | Tagged curbs, economic, growth, pounds, slow, strength, uk |
The Canadian dollar declined against its U.S. counterpart and other major currencies after the equities dropped on the speculation that the federal prosecutors investigating whether to file the criminal fraud charge against the Goldman Sachs Group Inc.(…)Read the rest of Loonie Goes Down on Falling Equities (111 words) Posted on Forex News. Read More Loonie Goes Down on Falling Equities
Posted in FX News | Tagged down, equities, falling, goes, loonie, on |
The Great Britain pound experienced some volatile moves this week and by the weekend the currency declined against most other majors as the Parliamentary election draws near without signs of clear winner and as the households had the pessimistic outlook for their financial situation, causing the consumer confidence to worsen.(…)Read the rest of Pound Dropped This Week as Consumer Confidence Declined (152 words) Posted on Forex News. Read More Pound [...]
Posted in FX News | Tagged as, confidence, consumer, declined, dropped, pound, this, week |
Read More EUR GBP Channel At Risk With Major Event Risk Looming
Posted in FX News | Tagged at, channel, eurgbp, event, looming, major, risk, with |
Though risk appetite wasn’t pitched into a boundless recovery, the rebound from the shock this past Tuesday that Greece was downgraded to junk status has helped lift an already buoyant energy market. Furthermore, with the dollar on the retreat and encouraging growth numbers coming off the US economic docket, there was enough fundamental fodder for [...]
Posted in FX News | Tagged and, boost, consistent, dollar, end, growth, into, of, oil, retracement, steady, the, us, week |
For the first time in a long time, there is a long USDCAD opportunity. ’Risk’ may take a beating. Read More FX Technical Weekly 0430
Posted in FX News | Tagged 0430, fx, Technical, weekly |
• Euro May Enjoy a Short-Term Recovery with the Passing of the Greek Rescue Package • British Pound Traders Prepare for Thursday’s Election and a Return to Trends • Australian Dollar’s Strength Highly Susceptible to RBA Disappointment • Canadian Dollar Dips on Sixth Monthly GDP Increase, Will Jobs Number Offer the Same? Read More Dollar [...]
Posted in FX News | Tagged absorbs, after, breakout, bullish, disarmed, dollar, fears, fully, gdp, greek, market, us |
US Dollar Strength Depends on Nonfarm Payrolls, Euro Zone Resolution Euro May Find Temporary Reprieve with a Greek Bailout Approval Japanese Yen May Weaken On Greece Resolution, Positive NFP’s British Pound Threatened on Uncertain UK Election Outcome Swiss Franc Could Appreciate If Greek Bailout Uncertainties Intensify Canadian Dollar Uptrend at Risk as Positioning Heavily Overbought [...]
Posted in FX News | Tagged 050310, Forecast, forex, trading, weekly |
