Tweet Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. 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 [...]
Flows – USD/MYR gapped lower on rate hike; MCA to hold elections
Tweet Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. 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 [...]
US Non Farm Payrolls Ahead
Tweet Home :: Technical :: Market View :: Daily Forex Outlook Fri, Mar 5 2010, 02:33 GMTby Easy Forex Team Easy Forex | View company’s profile US Non Farm Payrolls Ahead U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on [...]
British Pound Hits Downside Target, Australian Dollar Sold
Tweet Our British Pound short position has met its initial objective and we have revised the profit target lower to 1.50. We have also added a short Australian Dollar position and remain short the Euro and long the Yen against the US Dollar. EURUSD: Positioning Little Changed as Prices Stall Above 1.35USDJPY: Remain Short as [...]
Dollar Ends the Week Relatively Unchanged as Traders Weigh Global Risk against NFPs
Tweet o Euro Regains Some Lost Ground, though the ECB and Greece will Keep the Currency Under Pressure o Pound Extends its Plunge despite Positive Growth Revisions and Improved Sentiment o Australian Dollar Could Extend its Lead Over its Peers with an RBA Rate Decision and 4Q GDP Dollar Ends the Week Relatively Unchanged as [...]
Forex Weekly Trading Forecast – 03.01.10
Tweet US Dollar at a Crossroads: Further Gains or Finally a Pullback?Euro: ECB Decision a Write Off, Financial Troubles the Real ThreatJapanese Yen Could Remain Directionless Despite Week Of Event RiskBritish Pound Selling to Continue on Interest Rate OutlookSwiss Franc Torn Between Major Trends in Other CurrenciesCanadian Dollar to Face 4Q GDP, Bank of Canada [...]
Pound Dragged Lower as EURGBP Spikes on Greek Bailout Chatter
Tweet The Euro surged against the British Pound in early trading, sending the UK unit sharply lower against most major currencies as the markets digested emerging details of a German-led bailout of the debt-ridden Greek economy. The Wall Street Journal features a story saying German and French officials are hashing out a plan to offer [...]
Australian Manufacturing Growth Accelerates for Second Month
Tweet The Australian Industry Group Performance of Manufacturing Index rose 2.8 points to 53.8 – showing the sector expanded at the fastest pace in two years – led by stronger production deliveries growth. Although demand is lifting modestly, survey respondents continue to indicate the strong Australian Dollar and weak retail sales are constraining activity. Consumer [...]
Australian, New Zealand Dollars Drop as Chinese Manufacturing Disappoints
Tweet The Australian and New Zealand Dollars came under selling pressure after Chinese Manufacturing PMI fell to 52.0 in February from 55.8 in the previous month on slowing output and orders growth, revealing the largest decline in the pace of industrial-sector expansion in 15 months. Economists were calling for a markedly smaller downturn, forecasting a [...]
Australian Current Accound Deficit Widens as Imports Gain
Tweet Australia’s Current Account deficit widened to -A$1.7 billion in the fourth quarter as imports gained 2 percent from the three months through September, driven primarily by purchases of foreign-made industrial transport equipment and oil. Exports fell 1 percent, driven by declines in overseas sales of grains and coal, the latter of which declined by [...]
