Read More US Dollar a Natural Short but also a Fundamentally Loaded Currency
Prices of houses are expected to grow at 4 percent in 2012, slower than the 9 percent growth recorded in 2011. EUR/USD: The pair has been climbing since the opening in the Asian session, hitting 1.2994 earlier on. Market participants are slowly coming … 30 Vote(s) Read More Daily Market Analysis Currency Report
2011 was not a kind year for mostly everyone involved in the currency markets. Traders generally depend on fundamental data to dictate directions in the forex market, but the uncertainty in Europe and the floundering global economic recovery were a recipe for daily bouts of volatility that had not been Read More The Winds of [...]
The Indian rupee rebounded today after seven sessions of decline on the speculation that the central bank will intervene to stem the currency’s losses, but resumed its drop later.(…)Read the rest of Rupee Rebounds as Central Bank Supports Currency, But Falls Again (62 words) Posted on Forex News. Read More Rupee Rebounds as Central Bank Supports Currency, But Falls Again
The low cross-rate across the ditch has helped New Zealand exporters into Australia, especially the country’s under-pressure manufacturing sector. Although there has been the occasional and short-lived brief spike and dip, the rate has hovered between … 29 Vote(s) Read More Transtasman currency cross rate to head higher again
The Swiss franc dropped after Switzerland’s central bank reported that the nation’s foreign currency reserves decline last month.(…)Read the rest of Swiss Franc Lower as Foreign Currency Reserves Decline (96 words) Posted on Forex News. Read More Swiss Franc Lower as Foreign Currency Reserves Decline
The Euro’s fundamental outlook is a mess. There is little doubt that the region is facing far greater losses on the ongoing expansion of its financial crisis; and the ultimate tab for this disaster (in both monetary and confidence means) is still unknown. Read More Euro Crisis Deepening but Currency May Enjoy Further Bounce
AUDUSD: Our outlook on AUDUSD remains to the upside as it continues to rally breaking and maintaining firmly above its daily 200 ema presently located at the 1.0257 level and the 1.0290 level, its Sept 29’2011 high. 37 Vote(s) Read More Currency Outlook AUDUSD
There’s been a lot of news recently regarding China, and we have another important release scheduled for later today in the form of China consumer price data. As know the Chinese government has made it a priority to stamp out inflation, which rose to uncomfortably high levels earlier this year. Read More China Sept Inflation [...]
The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going to stem losses of the Brazilian currency.(…)Read the rest of Brazil’s Real Gains as Central Bank Plans Support Currency (104 words) Posted on Forex News. Read More Brazils Real Gains as Central Bank [...]
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