News aggregator

US Jobs and Trade Data Helps Spur Risk Appetite

FX Fundamentals View - Thu, 09/09/2010 - 22:05
US weekly jobless claims fell by more than expected and the trade deficit narrowed, helping to boost equities and risk appetite in early NY trading. The Canadian and Australian Dollars benefited the most – the Aussie supported by a strong jobs report. The Pound was pressured by its trade balance, which showed a record deficit in goods, and the BOE held rates steady at 0.5%.


Forex Daily Strategy - Sept. 9

Forex Factory - Thu, 09/09/2010 - 22:04
The euro is trapped between the 38.2% and 50% retracement levels of the June-Aug rally and above the 100-day moving average. We have seen two days of relatively indecisive trading and that could be setting up a big move. The technicals are showing a bias to the downside, in part due to the shallow...

Forex: EUR/USD ends under 1.2700 - Forexrazor

FX Google - Thu, 09/09/2010 - 22:02

Forex: EUR/USD ends under 1.2700
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work ...

and more »

Do Financial Decisions Get Better With Age?

Investopedia - A Forbes Company - Thu, 09/09/2010 - 21:55
Like a fine wine, you no doubt get better as you get older, but your money choices might not.

Forex Trade Setups Commentary - NZDUSD fakey and AUDUSD breakout 9-9-10

FX Street - Thu, 09/09/2010 - 21:54
Yesterday in our member’s forum daily commentary we posted up a bullish fakey setup that formed in...

For more information, read our latest forex news and reports.


Forex: EUR/USD ends under 1.2700 - NASDAQ

FX Google - Thu, 09/09/2010 - 21:36

Forex Crunch (blog)

Forex: EUR/USD ends under 1.2700
NASDAQ
FXstreet.com (Barcelona) - The Hegemonic currency could not sustain small gains made on Wednesday, from 1.2680 to 1.2718, and pared most of them on Thursday ...
Forex: Euro and Pound bounce up as US data increases demand for riskNASDAQ
Forex: EUR/USD back below 1.2700NASDAQ
Forex: EUR/USD finds resistance at 1.2765NASDAQ
NASDAQ -NASDAQ -NASDAQ
all 10 news articles »

Forex: EUR/USD ends under 1.2700

FX Street - Thu, 09/09/2010 - 21:29
FXstreet.com (Barcelona) - The Hegemonic currency could not sustain small gains made on Wednesday,...

For more information, read our latest forex news and reports.


Wall Street edges higher on fundamentals - Forexrazor

FX Google - Thu, 09/09/2010 - 21:26

Wall Street edges higher on fundamentals
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work ...

and more »

Investopedia.com acquired by Value Click for $42 millions

Forex Factory - Thu, 09/09/2010 - 21:14
As first reported in our sphere by Arnaud, Investopedia.com was acquired by Value Click for $42 million in cash. Founded in 1999, Investopedia provides visitors with a glossary of financial terms, news articles, tutorials and education tools. The multiple used is roughly x8 the 2010 EBITDA, a bit...

Aussie hits all-time high against euro

Financial Times - Thu, 09/09/2010 - 21:13
Stronger-than-expected employment data raised expectations that the Reserve Bank of Australia would raise interest rates at its October policy meeting

Forex: GBP/USD fails to break above 1.5475, retreats to 1.5420

FX Street - Thu, 09/09/2010 - 20:45
FXstreet.com (Córdoba) – The Pound rose during the American session to test daily highs that lie at...

For more information, read our latest forex news and reports.


WORLD FOREX: Growth-Oriented Currencies Up On Positive US Data - Wall Street Journal

FX Google - Thu, 09/09/2010 - 20:42

WORLD FOREX: Growth-Oriented Currencies Up On Positive US Data
Wall Street Journal
NEW YORK (Dow Jones)-- The Australian and Canadian dollars rose against the US currency on Thursday after ...
WORLD FOREX:Euro Gains Modestly Vs Dollar On Bond Sale,US DataWall Street Journal
IB FX Brief - Mixed bag for forex tradersInternational Business Times
Dollar Falls as Drop in Jobless Claims Buoys Riskier AssetsSan Francisco Chronicle

all 41 news articles »

Wall Street edges higher on fundamentals

FX Street - Thu, 09/09/2010 - 20:42
FXstreet.com (Barcelona) - US shares ended in positive territory on Thursday, as investors felt...

For more information, read our latest forex news and reports.


Bullish Break Attempt Rejected, Though Weakly...

Action Forex - Thu, 09/09/2010 - 20:41
The first attempt through key resistance in US equities today was brushed back by the bears, though not exactly convincingly and the commodity currency vs. low yielder rally remains in place. That battle zone near today's highs is a key zone for the general risk picture, just like the 3.85%

New York Session Recap

Action Forex - Thu, 09/09/2010 - 20:39
Riskier assets firmed and demand for safe havens diminished as economic data beat expectations. US weekly initial jobless dropped to 451K from the prior 478K (cons. 470K) bringing the 4-week moving average down to roughly 478K. The 4-week moving average peaked in 2010 three weeks ago at 488K. The July

ForexLive US wrap-up: Commodity currencies standout; ranges elsewhere

Forex Factory - Thu, 09/09/2010 - 20:19
* US weekly jobless claims fall 27,000 to 451,000; nine states, including California did not report because of holiday so subject to heavy revision * US trade deficit narrows to $42.8 bln in July from $49.7 bln in June * German FinMin: 3% growth possible this year; borrowing may fall below...
Syndicate content