We’ve reassessed our EUR/USD scalps from last week as markets continue eye European developments. In the meantime the euro and the sterling look to test key long-term Fibonacci support with UK data likely to steer the pound- Here are the key levels to watch. Read More EUR USD Scalp Update GBP USD Setup Hinges on [...]
Posted in FX News | Tagged boe, eurusd, gbpusd, hinges, inflation, on, report, scalp, setup, update
The Federal Government’s economic and fiscal update indicated a delay in balancing the budget by one year. On an ‘official’ basis, which excludes the savings from the Strategic Operating Review, a surplus of $0.5 billion is achieved in 2016-2017. This compares to a $4.2 billion surplus projected for 2015-2016 in Read More Canadian November 2011 [...]
Posted in FX News | Tagged 2011, and, canadian, economic, federal, fiscal, november, update
Today was a great day for the Cowabunga system as it helped me grab a cool 50 pips off of 2 trades! See how it all went down in today’s Cowabunga Surf Report. 5 Vote(s) Read More Cowabunga System Daily Update Tuesday, 11 08 11
Posted in FX News | Tagged 110811, cowabunga, daily, system, tuesday, update
AUD/USD lost 20 pips falling below $1.0340 and also hit session lows against the euro and pound. Later on USD/CHF hit a 2-week high above CHF0.9040. – Shares of Olympus, in Japan, fell to the lowest levels in 15-years after a report from a third-party … 23 Vote(s) Read More Asian stock market, economy and [...]
Posted in FX News | Tagged 08, 2011, and, asian, companies, economy, market, november, stock, update
An auction of ten-year bonds saw yields hit 6.06%, the highest since the introduction of the euro, while in Spain unemployment rose to 21.5%, a rate that is double the EU average. This underscores the difficulty that the eurozone will face in rescuing … 26 Vote(s) Read More GBP USD update 28th Oct 2011, 1530
Posted in FX News | Tagged 1530, 2011, 28th, gbpusd, oct, update
EUR/USD and the FTSE100 keep in trading lower as expected however in the short term prices are assumed to regain part for their losses, this will be seen as a opportunity to short by investors. Read More Bulls vs Bears The Spread Betting Morning Update October 4 2011
Posted in FX News | Tagged 2011, 4, bears, betting, bulls, morning, october, spread, the, update, vs
Further supporting GDP/USD this afternoon was speculation of a UK clearer needing to convert dollars into sterling as part of its quarterly dividend payment. The pound dropped to an intraday low of $1.5528, before reserving to a high of $1.5569 and … 33 Vote(s) Read More GBP USD update 27th Sep 2011, 1515
Posted in FX News | Tagged 1515, 2011, 27th, gbpusd, sep, update
Later today at 1700ET, the Reserve Bank of New Zealand (RBNZ) meets to announce interest rates. The official cash rate is expected to remain on hold at a record low 2.50%. The last change in rates was a 50bps cut which came following the devastating earthquake that struck Christchurch in Read More Fundamental Update RBNZ [...]
Posted in FX News | Tagged fundamental, preview, rbnz, update
The bullish upside move on Tuesday reaffirms our constructive outlook for the cross and should help to accelerate gains over the medium-term. Read More EUR CHF Classical Technical Report Special Update
Posted in FX News | Tagged classical, eurchf, report, special, Technical, update
Evidence of a slowdown in China’s manufacturing growth pushed investors to take profits in AUD/USD. HSBC’s Purchasing Managers’ Index (PMI) for China’s … 24 Vote(s) Read More AUD USD update 30th Dec 2010, 1200
Posted in FX News | Tagged 1200, 2010, 30th, audusd, dec, update
