Sterling hits 2-mth low vs dlr, 4-1/2 mth low vs euro * Sterling hits 2-mth low vs dlr, near 4-1/2 mth low vs euro* UK growth worries, worsening rate hike expectations weigh * Traders say heavy selling in stg/aud also weigh on pound * Fall below $ 1.5950 could … Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance Australia shares stumble as miners slip on China concerns MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares stumble as miners slip on China concerns Read more on Yahoo!7 Finance RSI Trading Strategy Improvements with Time Filter and Stop Loss The Relative Strength Index has historically shown strong improvements when we limit its trades to specific…. Click Here to Read More
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Archive for the ‘Forex News’ Category
Lastest Forex News
March 28th, 2011 
kk Rupee falls by 16 paise on strong dollar demand Mumbai, Mar 28 (PTI) The rupee snapped its six-session winning streak today faling by 16 paise against the US currency due to fresh dollar demand from importers despite bullish equities and increased capital inflows. Read more on Press Trust of India USD/CHF Classical 03.28 USD/CHF: The latest break to fresh record lows below 0.9000 (0.8910) is certainly concerning and threatens our longer-term recovery outlook. Read more on Daily FX Euro touches 4-1/2 month high vs sterling LONDON, March 28 (Reuters) – The euro rose to touch itshighest in four and a half months against sterling on Monday,with traders saying it was lifted…. Click Here to Read More
Forex: EUR/USD nears 1.4200 as Libya issues ceasefire
March 27th, 2011 kk Forex: EUR/USD nears 1.4200 as Libya issues ceasefire FXstreet.com (Barcelona) – The Euro has edged higher in interbank trading against its majors rivals as the second day of french-led coalition military assaults in Libya begin. The buying Read more on Nasdaq FXDD Donates to Japan Relief, Matches Customer Donations NEW YORK, March 23, 2011 /PRNewswire/ FXDD, a leader in online Forex trading, has donated $ 25,000 to the American Red Cross for earthquake relief efforts in Japan. The company announced that it will also match client donations to the American … Read more on wallstreet:online…. Click Here to Read More
Aussie & NZ dollars push to 2-wk highs on improved risk
March 26th, 2011 kk Aussie & NZ dollars push to 2-wk highs on improved risk MARKETS-AUSTRALIA/FOREX:Aussie & NZ dollars push to 2-wk highs on improved risk Read more on Yahoo!7 Finance US dollar ends lower against rupee Mumbai, Mar 23 (PTI) The US dollar finished lower against the rupee at Rs 44.85/86 per dollar and the Pound Sterling also turned cheaper at Rs 73.01/02 per pound at the close of the Interbank Foreign Exchange Market (Forex) here today.The Following are the Interbank Forex and RBI rates: (In Rs Per Unit) Unit Interbank RBI Reference US Dollar 44.85/86US DollarRs 44.96 Pound Sterling73.01/02EuroRs … Read more on PTI via Yahoo! India…. Click Here to Read More
Lastest Forex News
March 24th, 2011 kk Portugal rejects austerity, PM to quit Portugal has again voted against renewed austerity measures, prompting the resignation of the nation’s PM. Read more on BigPond News Portuguese PM quits after MPs reject austerity plan Portuguese Prime Minister Jose Socrates resigned on the eve of a key EU summit on the eurozone debt crisis after parliament rejected his new austerity plan, increasing Lisbon’s chances of seeking a bailout. Read more on Brisbane Times Egypt Stock Market Resumes Plunge After Reopening Egypt’s stock market plunges for second time in 2 days after its reopening following uprising Read more on ABC…. Click Here to Read More
NZD/USD Classical 03.22
March 23rd, 2011 kk NZD/USD Classical 03.22 NZD/USD: The break below major neckline support at 0.7340 in recent trade has now triggered a double top formation that projects additional declines towards the 0.6700 area further down. Read more on Daily FX Japan stocks rally sharply in post-holiday trade LOS ANGELES (MarketWatch) — Japanese shares rallied sharply out of the open, as investors returned from a three-day weekend to improved sentiment over prospects for Japan’s recovery, even as the nuclear crisis there remained unresolved. The benchmark Nikkei Stock Average jumped 3.9% to 9,561.79, while the broader Topix rose 4% to 863.49, with U.S. gains following a major acquisition deal by AT … Read…. Click Here to Read More
Swiss Franc Longs Highest Since December 2004
March 22nd, 2011 kk Swiss Franc Longs Highest Since December 2004 The COT Ind ex is the percentile of the difference between net speculative positioning and net commercial positioning measured over a specific number of weeks (13). A reading close to 0 is bearish if the currency in question has reversed from a uptrend and is bullish if the currency has been declining for a significant amount of time. Read more on Daily FX EURUSD: Trend Change in Progress? Our EURUSD short at 1.3829 was stopped out as prices closed above the stop-loss level at 1.4035. Beyond invalidating the March 7 swing top, the key question going forward is whether last week’s price action amounts to a trend-changing development…. Click Here to Read More
Forex: AUD/USD hovers around 1.0100
March 20th, 2011 kk Forex: AUD/USD hovers around 1.0100 FXstreet.com (Barcelona) – Aussie is back approaching 1.0110 with hourly indicators heading south after strong gains late Friday left them near overbought extremes. “Weekend Read more on Nasdaq Australia shares set for cautious start on oil, Japan crisis MARKETS-AUSTRALIA-STOCKS:Australia shares set for cautious start on oil, Japan crisis Read more on Yahoo!7 Finance Forex: Euro Gains Ground As EU Expands Bailout Fund, British Pound To Face Range-Bound Price Action The Euro rallied to 1.3979 during the overnight trade as the EU laid out broad plans to increase the scope of the European Financial Stability Facility, but the advance could…. Click Here to Read More
Lastest Forex News
March 19th, 2011 kk Forex: GBP/USD, 1.6125 key level to watch – Charmer Charts FXstreet.com (Barcelona) – GBP/USD has been trading on a weaker tone through the Asian session. Following the meritorious rebound from lows at 1.5875, the price could barely overstretch a few Read more on Nasdaq European stocks plunge on Japan crisis; DAX tumbles 4.8% Forex Pros – European stock markets plunged on Tuesday, as mounting fears over Japan’s escalating nuclear crisis sparked a global selloff in equities, while U.S. futures indexes pointed to a Read more on Nasdaq Forex: AUD/USD hovers around 1.0100 FXstreet.com (Barcelona) – Aussie is back approaching 1.0110 with hourly indicators heading south after…. Click Here to Read More
Lastest Forex News
March 17th, 2011 kk Dollar hits all-time low against yen The dollar hit an all-time low against a strengthening Japanese yen on Wednesday, as global uncertainty and the prospect of more cash flowing into Japan pushed its currency higher. Read more on CNN Money Economists Bemoan Brazil Interest Rates to Central Bank Brazil’s top economists doubt the country’s mix of tight monetary and fiscal policy will work to kee Read more on Forbes Australian Dollar Plunges-Nears January Low The long awaited break may be underway in the AUDUSD. A drop under 9803 would shift focus to the December 2010 low (9537) and 200 day average. Short term resistance comes in at 9925 and 9970. I continue to favor short…. Click Here to Read More
Lastest Forex News
March 15th, 2011 kk USD/JPY Performance Chart as at 8:00 p.m. Singapore time, 11/03/11 Forex Focus is brought  to you by IG Markets - Forex Trading   Read more… Read more on The Edge Singapore Australian Dollar Plunges-Nears January Low The long awaited break may be underway in the AUDUSD. A drop under 9803 would shift focus to the December 2010 low (9537) and 200 day average. Short term resistance comes in at 9925 and 9970. I continue to favor short positions, but risk can be moved to 10160. Read more on Daily…. Click Here to Read More
GBP/USD Performance Chart as at 8:00 p.m. Singapore time, 11/03/11
March 14th, 2011 kk GBP/USD Performance Chart as at 8:00 p.m. Singapore time, 11/03/11 Forex Focus is brought  to you by IG Markets - Forex Trading   Read more… Read more on The Edge Singapore AUD/USD Performance Chart as at 8:00 p.m. Singapore time, 11/03/11 Forex Focus is brought  to you by IG Markets - Forex Trading   Read more… Read more on The Edge Singapore USD/JPY Performance Chart as at 8:00 p.m. Singapore time, 11/03/11 Forex Focus is brought  to you by IG Markets - Forex Trading   Read more… Read more on The Edge…. Click Here to Read More
Posted in Forex News 
Tags: 11/03/11, Chart, GBP/USD, p.m., Performance, Singapore, Time 
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