Daily Forex Analysis by Finexo.com 11/02/2010

by Finexo.com | February 11, 2010 9:47 am
Past events • USD Trade Balance out at -40.2B versus expected -35.8B, prior -36.4B• CAD Trade Balance out at -0.2B versus expected -0.1B, versus prior 0.2B• AUD Employment Change out at 52.7K, versus expected 15.1K and prior...

Forexpros.com Daily Analysis – 11/02/2010

by forexpros.com | February 11, 2010 9:40 am
ForexPros Daily Analysis February 11, 2010 Fundamental Analysis: Core Retail Sales (MoM) Traders of the US look forward to the publication of the Core Retail Sales tomorrow, January 12. The Core Retail Sales is a monthly measurement...

GBP/USD 1.5651 – 11 February 2010

by iFOREX.bg | February 11, 2010 9:20 am
GBP/USD Open 1.5610 High 1.5765 Low 1.5572 Close 1.5593Pound/Dollar recovered this morning partly the losses from yesterday, as seen on the 5 minute chart. On Wednesday the Cable rose from 1.5589 up to the 1.5765 top, influenced...

Trends for Today 11/02/2010

by Finexo.com | February 11, 2010 8:59 am
Market Notes: Germany is considering loan guarantees for Greece and other troubled EMU members to prevent contagion to banks and other countries. However no decision has been made yet. The related discussion will be held behind closed...

Euro Levels Out Against Major Rivals Ahead of EU Summit

by Forexyard.com | February 11, 2010 8:02 am
The Euro made slight gains against its major counterparts in overnight trading today. Still, investors remain apprehensive about investing in the Euro, especially ahead of a key European Union meeting which could shed light on a possible...

EUR/USD 1.3782 – 11 February 2010

by iFOREX.bg | February 11, 2010 6:35 am
EUR/USD Open 1.3750 High 1.3808 Low 1.3680 Close 1.3736Euro/Dollar is rising this week, reaching the psychological 1.3836 resistance level on Tuesday. Yesterday the currency couple pulled back down to 1.3680, from where started ascending, closing the day...

Forexpros.com Daily Analysis – 10/02/2010

by forexpros.com | February 10, 2010 10:06 am
ForexPros Daily Analysis February 10, 2010 Fundamental Analysis: Initial Jobless Claims The traders of the US look forward to the publication of the Initial Jobless Claims tomorrow, January 11. The claims are a seasonally adjusted measure of...

GBP/USD 1.5651 – 10 February 2010

by iFOREX.bg | February 10, 2010 9:05 am
GBP/USD Open 1.5690 High 1.5732 Low 1.5561 Close 1.5718Pound/Dollar is trading mostly upwards this week, as seen on the 15 minute chart, making a significant climb on Tuesday to the 1.5732 top, closing the day at 1.5718....

Market Awaits Bernanke’s Testimony on Future Monetary Policy

by Forexyard.com | February 10, 2010 7:35 am
The Dollar continued to drop against the Euro yesterday, mainly due to speculations regarding a possible rescue plan for Greece. As a result, crude oil and precious metal rose as well. However, today at 15:00 GMT Fed...

EUR/USD 1.3757 – 10 February 2010

by iFOREX.bg | February 10, 2010 6:01 am
EUR/USD Open 1.3780 High 1.3835 Low 1.3643 Close 1.3794Euro/Dollar is consolidating this week within the 1.3624 – 1.3835 range, after the huge descend last week. Yesterday the Euro rose to the 1.3835 top, closing the day at...