Concerning the EUR/USD pair, it fell on the daily basis to trade around 1.3120, after recording a high of 1.3167 and a low of 1.3087. The trading range for today is among key support at 1.2860 and key resistance at 1.3315. The US dollar, on the other … 31 Vote(s) Read More Euro shows decline [...]
The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowest level in six months.(…)Read the rest of Ruble Decline After Bank Rossii Keeps Rates Unchanged (82 words) Posted on Forex News. Read More Ruble Decline After Bank Rossii Keeps Rates Unchanged
FXstreet.com (San Francisco) – AUD/USD has entered a period of price erosion during Monday’s… For more information, read our latest forex news. Read More Forex AUD USD deeper decline likely ForexCycle
FXstreet.com (C?rdoba) ? The USD/JPY dropped further on the back of a weak Greenback across the… For more information, read our latest forex news. Read More Forex USD JPY extends decline to 7665
The buck extended its decline against most of the major currencies as markets continued to trade with a risk-on tone amid better US jobs data, successful EU government auctions and better than expected earnings. The dollar was weakest against European currencies with the SEK outperforming (currently up +1.06% against the Read More Dollar Extends Decline [...]
Wall Street banks are likely to face pressure from their beleaguered shareholders to keep a tighter control on pay this year, as they prepare to reveal a sharp decline in profits for 2011. Read More Wall Street lenders to reveal sharp decline in profits
Crude oil and gold prices are expected to decline in the new year as risk aversion returns and the US Dollar gains on the back of safe-haven demand. Read More Crude Oil, Gold Expected to Decline as the New Year Begins
The US Dollar is likely to weaken into the end of the trading week as seasonal profit-taking overtakes the financial markets. Read More FOREX US Dollar to Decline as Seasonal Forces Take Over Markets
The October manufacturing sales report indicated that activity dropped 0.8% in the month following strength in September when sales rose 2.6% (and over the past three months, which have seen average monthly increases of 2.4%). Expectations were for a slightly more moderate decline of 0.6%. On a volumes basis, activity Read More Canadian Manufacturing Sales [...]
EUR/USD weakened further and reached its lowest level since Oct 4 at 1.3181 before pausing the decline. At time of writing, EUR/USD is trading at the 1.3285 area, where it is almost 200 pips or 1.4% below its opening price. … 41 Vote(s) Read More EUR USD extends decline below 13200
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