European equities have pulled back today but this is entirely normal after last week’s rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed to Read More Europe Has a [...]
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The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies.(…)Read the rest of Good Employment Rescues Dollar After Week of Bad Data (164 words) Posted on Forex News. Read More Good Employment Rescues [...]
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The Canadian dollar jumped today as positive employment data from the United State boosted risk appetite among Forex traders and overshadowed poor employment report from Canada itself.(…)Read the rest of Canada’s Dollar Jumps on Good US Payrolls (138 words) Posted on Forex News. Read More Canadas Dollar Jumps on Good US Payrolls
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This article touches on how can you gear yourself for a possible new year of good forex trading. 5 Vote(s) Read More Good Forex Trading
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The New Zealand dollar advanced today against most major currencies as global stocks gained and outlook for the US economy remained positive, increasing demand for higher-yielding assets.(…)Read the rest of Kiwi Higher on Good Prospects for US Economy & Equity Gains (51 words) Posted on Forex News. Read More Kiwi Higher on Good Prospects for US Economy dan Equity Gains
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The Australian dollar rallied this week as optimism returned to the Forex market on the positive signs from the United States. The flow of bad news from Europe paused for a time, easing concerns about the sovereign debt crisis. 5 Vote(s) Read More Weekly Gains of Aussie on Good US Economy
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EUR/AUD big mover, after it hit post euro all time lows around 1.2855-65 yest, rebounded towards 1.2930-40. AUD/USD hit lows of 1.0051, after it rallied to 1-week highs of 1.0220 yest, helped by Russian, sovereign demand. But market caught a tad long. … 27 Vote(s) Read More Good morning Emerging Europe Africa
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The Canadian dollar jumped by the end of this trading week as Europe moved closer to resolution of the sovereign-debt crisis, while the confidence of US citizens improved. Earlier, the currency declined, dragged down by fears that the European Union wouldn’t make headway with battling the crisis.(…)Read the rest of Canadian Dollar Jumps as Europe & USA Bring Good News (133 words) Posted on Forex News. Read More Canadian [...]
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The South African rand went higher today for the first time this week as the good fundamentals and the outlook for the USA overshadowed the European crisis.(…)Read the rest of South African Rand Higher on Good News from USA (72 words) Posted on Forex News. Read More South African Rand Higher on Good News from USA
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FXstreet.com (C?rdoba) ? The European Commission, the ECB and the IMF concluded the second… For more information, read our latest forex news. Read More Troika Portugals economic program off to a good start
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