USD/CHF – 1.0832.. Although euro’s strength in Asia y’day had pressured dlr, price fell to an intra-day low of 1.0715 in European morning, however, selloff in the euro after German business confidence fell unexpectedly lifted the...
Market Review – 23/02/2010 22:46GMT Dollar weakens versus yen but gains against euro on weak US consumer confidence The dollar tumbled against the yen but rose against the euro after US consumer confidence fell to a 10-month...
Dollar falls against yen on U.S. rates outlook-22/02/2010 22:47GMT Versus the Japanese yen, the greenback rebounded to an intra-day high of 91.90 after Friday’s decline on the support from huge Japanese Investment trust (‘Toushin’) demand (250 billion...
GBP/USD – 1.5480.. The British pound is enjoying a period of respite after Friday’s selloff to 1.5345 n intra-day rise in euro helped pushing price to 1.5490 in Australia but sellers emerged n knocked cable briefly to...
Euro rebounds in New York after initial fall in Australia following surprise Fed’s discount rate hike- 20/02/2010 01:49GMT The single currency fell to a 9-month low of 1.3443 against the greenback in Australia following the surprise after-market...
Forex News-Gbp/usd – 1.5385 …The British pound extended recent decline to 1.5345 after the release of much weaker-than-expected U.K. January retail sales data which came in at -1.8% m/m n 0.9% y/y versus the economists’ forecast of...
Update Time: 18 Feb 2010 23:51GMT INTRA-DAY GBP/USD OUTLOOK – +1.5440+ Cable has tumbled in tandem with euro due todlr’s broad-based rally after Fed’s surprise 0.25%discount rate hike n expect 1.5535 (prev. low) tocap recovery, bring further...
Market Review – 18/02/2010 22:52GMT Dollar rallies as Fed raises discount rate The dollar surged against its counterparts as the Federal Reserve increased the discount rate for banks for the first time in 3 years to 0.75...
USD/JPY – 91.07.. BOJ kept overnight call rate target unchanged at 0.10% and stated it will maintain very easy monetary conditions. Market reaction to the announcement is somehow muted.http://www.acetraderfx.com
GBP/USD – 1.5648..We did remind readers in our 07:01GMT update y’day to buy cable on dips n take profit b4 release of BOE’s meeting (dovish) minutes. The pound retreated b4 the release n briefly dipped to 1.5735...
