Forex: USD/JPY will rise steadily in 2010, and return above 100 by Q1 2011 – BMO FXstreet.com (Barcelona) – Current Dollar decline, which has depreciated from 93.75 early January, to levels below 89.00, is about to end as the Pair will appreciate through the current year, according to BMO Capital Markets, to trade at levels above 100.00 from the beginning of 2011. Read more on The Forex…. Click Here to Read More
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Archive for the ‘Forex News’ Category
Forex: AUD/USD recovers to above 0.9020; Gold up as well
March 4th, 2010 
kk Forex: AUD/USD recovers to above 0.9020; Gold up as well FXstreet.com (Barcelona) – During European trading, the US dollar has recovered some of the ground lost to the Australian dollar earlier in Asia to currently trade above 0.9020 after the AUD/USD fell from a daily opening of 0.9054 to hit a three-day low at 0.8977 at the close of the Asian-Pacific session. Read more on The Forex…. Click Here to Read More
Forex: GBP/USD jumps to 1.5065 after upbeat PMI data
March 3rd, 2010 kk Forex: GBP/USD jumps to 1.5065 after upbeat PMI data FXstreet.com (Barcelona) – The Pound has rallied about 65 pips in a matter of seconds, bouncing from 1.5000 area to 1.5065, just a handful of pips shy of 1.070 session high after a larger than expected advance on UK Services PMI. Read more on The Forex…. Click Here to Read More
Forex: EUR/GBP reverses from 0.9100 to 0.9025 session low
March 2nd, 2010 kk Forex: EUR/GBP reverses from 0.9100 to 0.9025 session low FXstreet.com (Barcelona) – Euro appreciation seen during Asian session has been capped at 0.9100 resistance area, and the pair has dropped back amid broad based Euro weakness, to session low at 0.9025, approaching support area at 0.9000/10. Read more on The Forex…. Click Here to Read More
Forex: USD/JPY; recovering and trading at 89.07
March 1st, 2010 kk Forex: USD/JPY; recovering and trading at 89.07 FXstreet.com (Sydney) – The USD/JPY is regaining ground and is trading at 89.07. Earlier, the pair had opened on 88.84 and posted an intraday high of 89.14. The pair then fell slightly. The USD/JPY finds support at 88.7825, resistance at 89.3378 and is considered slightly bullish. Read more on The Forex…. Click Here to Read More
Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision
February 28th, 2010 kk Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision Fundamental Forecast for Canadian Dollar: Neutral – Canadian Dollar Forecast to Weaken Against USD – Forex Strategy Outlook: US Dollar Forecast to Remain in Tight Range – Volatility Behind the Dollar, Dow and Risk Appetite Increases but a Clear Direction Still Absent The Canadian dollar weakened against its U.S. counterpart as … Read more on Daily FX via Yahoo!…. Click Here to Read More
FOREX-U.S. dollar falls vs euro as risk appetite improves
February 27th, 2010 kk FOREX-U.S. dollar falls vs euro as risk appetite improves * Euro gains vs dollar, pulls back from 1-year low vs yen * Traders cover extreme shorts in euro * U.S. Q4 GDP data higher than initial govt estimate * U.S. existing home sales drags dollar/yen lower By Gertrude Chavez-Dreyfuss NEW YORK, Feb 26 – The U.S. dollar slid against the euro and a major currency basket on Friday, as improved risk appetite on signs the U.S. economy is slowly recovering … Read more on Reuters via Yahoo! Singapore…. Click Here to Read More
FOREX-Dollar, euro fall vs yen on Greece, US job data
February 26th, 2010 kk FOREX-Dollar, euro fall vs yen on Greece, US job data * Greek fiscal woes hurt euro after S&P comments Read more on Reuters via Yahoo! Singapore…. Click Here to Read More
FOREX-Euro slides on Greece woes, stop-loss selling
February 25th, 2010 kk FOREX-Euro slides on Greece woes, stop-loss selling * Euro/yen hits 1-year low Read more on Reuters via Yahoo! Malaysia…. Click Here to Read More
Forex: AUD/USD gives up early gains and trades at 0.8911
February 25th, 2010 kk Forex: AUD/USD gives up early gains and trades at 0.8911 FXstreet.com (Sydney) – The Aussie gave up its earlier gains against the dollar and is currently trading at 0.8911. The pair had earlier opened on 0.8935 and rose to post an intraday high of 0.8954. The pair maintains support at 0.8882, resistance at 0.8940 and is considered slightly bearish. Read more on The Forex…. Click Here to Read More
Forex: AUD/USD falls as risk aversion returns; current price 0.8925
February 24th, 2010 kk Forex: AUD/USD falls as risk aversion returns; current price 0.8925 FXstreet.com (Sydney) – The Aussie reversed gains against the dollar and is currently trading at 0.8925. The pair had earlier opened on 0.8911 and has been as low as 0.8901. The pair maintains support at 0.8894, resistance at 0.8952 and is considered slightly bullish. Read more on The Forex…. Click Here to Read More
Posted in Forex News 
Tags: 0.8925, AUD/USD, aversion, current, falls, Forex, price, returns, Risk 
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Forex: USD/JPY; largely unchanged and trading at 91.11
February 23rd, 2010 kk Forex: USD/JPY; largely unchanged and trading at 91.11 FXstreet.com (Sydney) – The USD/JPY has been largely unchanged against the dollar and is trading at 91.11. The pair had opened on 91.13 and posted an intraday high of 91.29. since then the pair has operated within a narrow range. Read more on The Forex…. Click Here to Read More
