Undeterred by now widespread bewilderment over how Quantitative Easing is meant to work in reviving the economy, or even whether it works at all, the Bank of England’s Monetary Policy Committee is about to order another ?50bn to ?75bn bout of it. Read More More QE is barking up the wrong tree
Posted in FX News | Tagged barking, is, more, qe, the, tree, up, wrong
The EUR/USD chart in the 1H time-frame shows a bullish market since tagging last week’s low. We basically have a consolidation range with lower support near 1.3030 (starting 1.3070) and higher resistance near 1.3230 (starting at 1.32). Our count 5 Vote(s) Read More EUR USD Trading Up Near Consolidation Resistance Area
Posted in FX News | Tagged area, consolidation, eurusd, near, resistance, trading, up
Pressure from European Union leaders for more fundamental reforms in Greece is holding up the vital debt deal that would mean private creditors to the country taking losses of as much as 70pc. Read More EU leaders holding up vital Greek debt deal
Posted in FX News | Tagged deal, debt, eu, greek, holding, leaders, up, vital
The EUR/USD rallied briefly to 1.3062 high ahead of the Spanish bond auction results, but returned to 1.3000 psychological level where it is still standing. 5 Vote(s) Read More EUR USD holding up at 13000 support
Posted in FX News | Tagged 13000, at, eurusd, holding, support, up
The dollar has came under substantial pressure in European trade as stronger than expected Chinese data further fueled the rally in Asia Pacific. Here are the key levels to watch on the AUDUSD and USDJPY. Read More Chinese Data Eases Growth Concerns USD Suffers as Risk Picks Up
Posted in FX News | Tagged as, chinese, concerns, data, eases, growth, picks, risk, suffers, up, usd
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your … 27 Vote(s) Read More FX USD CAD Order boards thickening [...]
Posted in FX News | Tagged boards, fx, nicely, order, thickening, up, usdcad
FXstreet.com (Barcelona) – The sterling is recovering some ground after bottomed to 1.5279… For more information, read our latest forex news. Read More Forex GBP USD up ahead of PPI
Posted in FX News | Tagged ahead, forex, gbpusd, of, ppi, up
———————-MARKET SNAPSHOT @ 2355 GMT ———— INSTRUMENT LAST PCT CHG NET CHG S&P 500 1280.7 0.23% 2.890 USD/JPY 76.87 0.05% 0.040 10-YR US TSY YLD 1.9666 — 0.010 SPOT GOLD 1610.29 -0.04% -0.600 US CRUDE 101.38 0.07% 0.070 DOW JONES … 35 Vote(s) Read More Singapore StocksMay open up SMRT in focus
Posted in FX News | Tagged focus, in, open, singapore, smrt, stocksmay, up
Even at best, with all the dilutions and exceptions etched into the proposed tax plan, it is highly unlikely the money collected would amount to more than 1.3% to 1.5% of the GDP meaning we would be required to borrow some 60% to 65% of the budget to … 26 Vote(s) Read More We Need [...]
Posted in FX News | Tagged man, need, to, up, we
“You have to concentrate!” exhort several Chinese voices all at once as I stare intensely at a giant 65in LCD flat screen TV. “You need to focus very hard! Keep concentrating! Harder!” Read More Chinas sleeping giant is ready to wake up the West
Posted in FX News | Tagged chinas, giant, is, ready, sleeping, the, to, up, wake, west
