FXstreet.com (C?rdoba) – For the first time in three months, USDCAD dipped below parity on… For more information, read our latest forex news. Read More Forex Flash USD CAD return toward 10400 is expected UBS
"Overall Ben Bernanke’s statements were clearly a positive for the Canadian Dollar". "However, after the recent rally from above 1.04 to below parity and given the still persistent Eurozone and Iran problems, we would wait for setbacks towards 1.04, … 43 Vote(s) Read More Flash USD CAD return toward 10400 is expected UBS
As the UK struggles with reduced growth, the Bank of England is now going as far as to say that further quantitative easing measures are “likely.” Read More UK GDP Drops more than Expected BoE Members Say Further QE danquotLikelydanquot
The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.(…)Read the rest of Rand Weakens as No Change to Monetary Policy Expected, Rebounds (72 words) Posted on Forex News. Read More Rand Weakens as No Change to Monetary Policy Expected, Rebounds
The Euro was temporarily lower after Standard & Poor’s stripped the EFSF of its triple-A rating. Due to the widely-expected nature of the announcement, however, the move lower was limited. Read More SdanP Downgrades EFSF in Widely Expected Move Euro Dips Temporarily
Risk appetite has stabilized today and the overall mood appears constructive as December’s round of PMI surveys has been encouraging overall. In particular, the manufacturing components released yesterday pointed to a much stronger than expected performance at the end of last year. Switzerland posted the most impressive upside surprise, with Read More EURUSD Rally Expected [...]
FXstreet.com (Barcelona) – German PMI Manufacturing increased to 48.4 points in December, following… For more information, read our latest forex news. Read More Germany PMI Manufacturing grows more than expected in December
Although 2012 has technically kicked off, we do not expect market price action to resume to its normal levels until later in the week… Read More Monday Trading Conditions Expected to be Very Thin China PMIs Solid
EURUSD: Looking to Add to Short Position USDJPY: Bullish Reversal Signals Remain GBPUSD: Sellers Challenge Range Support USDCAD: Long Trade Triggered Above 1.02 AUDUSD: Weakness Hinted at 1.05 Mark NZDUSD: Candles Point to Turn Downward Read More US Dollar Strength Expected as 2012 Approaches
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
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