FXstreet.com (C?rdoba) – The recovery of the Euro seen at the beginning of the year was short-lived… For more information, read our latest forex news. Read More Forex EUR USD closes the week at its lowest level since Sep 2010
Posted in FX News | Tagged 2010, at, closes, eurusd, forex, its, level, lowest, sep, since, the, week
Mario Draghi surprised by delivering a 0.25% interest rate cut at his very first meeting as ECB president. We expect the ECB to deliver another 0.25% interest rate cut and bring the refinancing rate back down to a record low 1.0% in December. This week’s high market volatility was driven partly Read More Weekly Focus [...]
Posted in FX News | Tagged 1, focus, level, mario, rescue, super, the, to, weekly
Consumer confidence plummeted to a two-year low in August, down to 44.5 from 59.2 in July. Markets were expecting a more modest decrease to 52.0. The expectations sub-index, a measure of consumer economic optimism over the next 6 months, dropped 23 points to 51.9 its largest one-month decline since October Read More Consumer Confidence Plummets [...]
Posted in FX News | Tagged 2009, april, confidence, consumer, its, level, lowest, plummets, since, to
Read More USDCAD Bounce Hinted Above 094 Level
Posted in FX News | Tagged 094, above, bounce, hinted, level, usdcad
Read More Gold Faces Resistance at Current Level
Posted in FX News | Tagged at, current, faces, gold, level, resistance
A GBPUSD objective is 16695 (100% extension). Near term support is 16350. I like buying a dip. Read More British Pound Support Near 16350 dan150 Bullish from That Level
Posted in FX News | Tagged 150, 16350, british, bullish, from, level, near, pound, support, that
Speculative long positions for the Euro have exceeded their March level, and are now at their highest level since November 2007 (which was a top). Read More Euro Longs Exceed March Level
Posted in FX News | Tagged euro, exceed, level, longs, march
The USDJPY has entered a former congestion zone that should now serve as support (8200-8070). Read More Japanese Yen 8070 a Level of Interest
Posted in FX News | Tagged 8070, a, interest, japanese, level, of, yen
Read More Canadian Dollar 9863 an Important Level
Posted in FX News | Tagged 9863, an, canadian, dollar, important, level
The dollar has strongly benefited from oil prices which have surged since fighting between supporters and opponents of Libyan leader Moammar Gadhafi intensified in late February. The loonie is up almost two cents since Feb. … 35 Vote(s) Read More Canadian dollar at best level since late 2007 amid surging oil prices
Posted in FX News | Tagged 2007, amid, at, best, canadian, dollar, late, level, oil, prices, since, surging
