The Canadian dollar fell today after the stocks and the crude oil prices declined, erasing the demand for the growth-related currencies, and as the speculation, that the Bank of Canada would refrain from rising the interest rates further, decreased the appeal of the Canadian currency.(…)Read the rest of Canadian Dollar Falls with Stocks & Oil Prices (129 words) Posted on Forex News. Read More Canadian Dollar Falls with Stocks dan Oil [...]
Posted in FX News | Tagged canadian, dollar, falls, oil, prices, stocks, with |
The Polish zloty fell today on the renewed concerns for the Europe’s fiscal condition and the ability to fight the budget deficits. For now the currency tries to regain its strength but encountered the resistance.(…)Read the rest of Concerns for Europe’s Economy Make Zloty Weaker (63 words) Posted on Forex News. Read More Concerns for Europes Economy Make Zloty Weaker
Posted in FX News | Tagged concerns, economy, europes, for, make, weaker, zloty |
The US dollar weakened today against the euro, trimming the previous gains on the concerns about Europe’s economy, as the analysts expect the reports today to show that the house price declined and the consumer confidence deteriorated in the US.(…)Read the rest of Dollar Down vs. Euro on Outlook for Poor US Economic Reports (60 words) Posted on Forex News. Read More Dollar Down vs Euro on Outlook for [...]
Posted in FX News | Tagged dollar, down, economic, euro, for, on, outlook, poor, reports, us, vs |
The Japanese yen rose today to the highest level against the US dollar since the intervention as the US macroeconomic reports today were worse than most pessimistic forecast promised, increasing the attractiveness of the Japanese yen as the safe haven. The currency slipped against the euro.(…)Read the rest of Poor US Macroeconomic Reports Increase Appeal of Yen (122 words) Posted on Forex News. Read More Poor US Macroeconomic Reports [...]
Posted in FX News | Tagged appeal, increase, macroeconomic, of, poor, reports, us, yen |
The Swiss franc rose to the highest level since March 2008 against the US dollar as the report showed that the consumer confidence in the US dropped, increasing the appeal of the Swiss currency as the safe haven. The franc also surged against the euro before retreating to the opening level.(…)Read the rest of Franc Heads to Record vs. Dollar (122 words) Posted on Forex News. Read More Franc Heads to Record vs [...]
Posted in FX News | Tagged dollar, franc, heads, record, to, vs |
The daily RSI looks like it wants to roll over after the market has stalled out by a key fib, but solid overseas data and upbeat ECB comments weigh on the buck… Read More Buck Technically Oversold But Fundamentals Still Weighing
Posted in FX News | Tagged buck, but, fundamentals, oversold, still, technically, weighing |
Read More Looking to Buy Some Dollars Against the Swiss Franc
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The British Pound rallied to a fresh monthly high on Tuesday as the economic docket reinforced an improved outlook for the region, but market sentiment could play a greater role in driving price action throughout the North American session as risk appetite appears to be tempering off. Read More Forex British Pound Maintains Overnight Advance [...]
Posted in FX News | Tagged advance, british, continues, despite, dollar, Forecast, forex, ground, growth, imf, lose, lower, maintains, overnight, pound, to, us |
U.K. economic activity in the second quarter rose 1.2 percent from the quarter prior, which was in line with economists’ expectations, while the annualized rate rose 1.7 percent. Taking a look at the breakdown of the report, the main drivers were stronger fixed investment and government consumption. Read More UK GDP Gains Momentum in the [...]
Posted in FX News | Tagged gains, gdp, in, momentum, quarter, second, the, uk |
Read More Pending Short AUDUSD
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